At a glance
Incentives
About
This unit comprises a ground floor retail unit (957 sq ft) with basement storage (364 sq ft) which is contained within a traditional, mid-terraced five-storey granite building.
The property offers a fantastic opportunity for retail, leisure or hospitality subject to planning permission. It also benefits from Fresh Start Relief, which means no business rates for the first 12-months of occupation.
The ground floor accommodation comprises a main sales area with a storage cupboard to the rear. The basement is accessed via the stairs at rear of the property benefitting from a manager’s office, ample storage space, staff area with small tea prep and single WC.
The annual rent for this property is £27,500 ex VAT, which may be applicable. The current annual rateable value is £34,500.
Location
The property is prominently located on central Union Street, close to its junction with Market Street. The unit is directly opposite what is recognised as the prime pitch of Union Street, and is anchored to the east by the St Nicholas and Bon Accord shopping centres, the Trinity Centre to the west, and Union Square to the south.
Surrounding occupiers comprise a mix of retail, professional services and leisure use and include Timpson, Black Sheep Coffee (opening soon), Peterkins, Marks & Spencer, Sports Direct, Virgin Money, Royal Bank of Scotland, HSBC, JD Sports, McDonald’s and Taco Bell.
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.
