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81 Union Street

1214  sq ft

This small but impactful retail unit has only recently come to market and is ideally placed to benefit from the huge public investment going into Union Street. Three doors down, £30million is being spent to create an international food market, and the local authority is also spending millions of pounds improving the streetscape outside. It also sits across the road from M&S and the Bon Accord shopping centre.

  • Monthly Rent:
    £2,083
  • Monthly Rates:
    £729
  • Fresh Start Relief:
    Yes
  • Location:
    Central
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At a glance

Central location
High street retail property

Incentives

Empty shops grant
Low business rates

About

This retail unit is situated in one of the most exciting parts of Union Street, where tens of millions of pounds is being invested in regeneration.

Black Sheep Coffee - one of the UK's most vibrant challenger brands - is opening a new coffee shop next door - and in 2027 the city's new international food market will open nearby. The latter project is the biggest public investment in Union Street for decades.

The traditional granite property comprises a shop unit arranged over ground, basement and sub-basement floors providing sales area together with staff and storage facilities.

The annual rent for this property is £25,000 ex VAT, which may be applicable. The annual rateable value for this property is £18,750.

Location

The unit offers a superb location on central Union Street in what has historically been one of the busiest parts of the city centre.

Nearby occupiers include Royal Bank of Scotland, Five Guys, Schuh, and Marks and Spencer, with the Bon Accord shopping centre and Union Terrace Gardens also a short walk away.

Additional Notes

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.

81 Union Street AI food and drink
Artist impression: Hospitality (AI generated)
81 Union Street AI Retail
Artist impression: Retail (AI generated)

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