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53 Union Street

1647  sq ft

This two-storey unit offers an excellent, open plan space located towards the east side of Union Street. Its impressive glass frontage is surrounded by shops and is also near to some of the city's top Grade A office space. Recently vacated by Paddy Power, the unit is in good condition, but it could still qualify for empty shop grant funding for refurbishment.

  • Monthly Rent:
    £1,500
  • Monthly Rates:
    £975
  • Fresh Start Relief:
    No
  • Location:
    East End
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At a glance

Busy footfall area
High street retail unit

Incentives

Empty shops grant

About

With a large granite frontage, this unit offers an occupier the chance to make a big impact on Union Street.

Not only that, it comes with vast storage space in the basement below, all contained within a traditional granite building.

Internally it is currently open plan retail accommodation with WC and staff welfare facilities to the rear. 

The annual rent for this property is £18,000 ex VAT, which may be applicable. The current annual rateable value is £18,000.

Location

The property is situated in the east end of Union Street and surrounded by multiple occupiers, including Marks & Spencer, Sports Direct, Evans Cycles, The Esslemont Bar and Restaurant, Miller & Carter and Tesco Express.

The unit also benefits from being nearby to the St Nicholas and Bon Accord shopping centres, with the Trinity Centre to the west and Union Square to the south.

Marischal Square - the city's premium Grade A office development - and Aberdeen City Council's headquarters are also nearby.

Additional Notes

If this property will be your sole business property, you may be eligible for further rates relief under the Small Business Bonus Scheme. The letting agent will explain this further.

If you are a Small to Medium Sized Enterprise (SME) you could also qualify for a Business Energy Scotland cash-back grant of up to £30,000 if you are installing energy efficiency or renewable heat measures.

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