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98 Union Street

1391  sq ft

Within three years, this unit will sit directly opposite Aberdeen's new £30million international food market, which will be the thriving centre of a regenerated Union Street. It is in a prime location, surrounded by established high street names such as McDonalds, Royal Bank of Scotland and Sports Direct, and sits between two of the city's main shopping centres.

  • Monthly Rent:
    £6,992
  • Monthly Rates:
    £1,338
  • Fresh Start Relief:
    No
  • Location:
    Central
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At a glance

Busy footfall area
High street retail unit
Parking nearby
Central location

Incentives

Empty shops grant

About

This unit comprises a ground floor sales unit (1,391 sq ft) with ancillary (726 sq ft) which is contained within a traditional, mid-terraced five-storey granite building.

The property comprises a fantastic opportunity for retail or leisure, offering excellent frontage onto Union Street. The premises benefits from a superb open plan sales space, which until recently was occupied by O2.

The annual rent on this property is £83,900 ex VAT, which may be applicable. The current annual rateable value is £32,250.

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.

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