13 / 15 Broad Street Fraserburgh Aberdeenshire Ab43 9AE

13 / 15 Broad Street
Fraserburgh
Aberdeenshire
Ab43 9AE

Heritable Retail Investment

  • Let to Mackays Stores Limited on a recently renewed lease
  • Tenant recently undertaken a refurbishment programme
  • Tenant has been in occupation since 1988
  • Prominent location in prime retailing pitch
  • Neighbouring occupiers include, Boots, Card Factory, Superdrug and Iceland
  • Lot
    34
  • Auction
    7th December 2017
  • Rent
    £30,000 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price
     
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
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  • Map

* More information on the term "guide" can be found here

Heritable Retail Investment

  • Let to Mackays Stores Limited on a recently renewed lease
  • Tenant recently undertaken a refurbishment programme
  • Tenant has been in occupation since 1988
  • Prominent location in prime retailing pitch
  • Neighbouring occupiers include, Boots, Card Factory, Superdrug and Iceland
  • Lot 34
  • Auction 7th December 2017
  • Rent
  • Status Withdrawn Post
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
40 miles north of Aberdeen, 17 miles north of Peterhead
Roads
A90
Rail
Aberdeen Railway Station
Air
Aberdeen Airport
Situation

The property is prominently located in the west of the town centre on the east side of Broad Street, the town’s principal retailing thoroughfare. Nearby occupiers include Boots, Card Factory, Iceland and Superdrug.

Tenure

Heritable. (Scottish equivalent of English Freehold).

Location
Miles
40 miles north of Aberdeen, 17 miles north of Peterhead
Roads
A90
Rail
Aberdeen Railway Station
Air
Aberdeen Airport
Situation

The property is prominently located in the west of the town centre on the east side of Broad Street, the town’s principal retailing thoroughfare. Nearby occupiers include Boots, Card Factory, Iceland and Superdrug.

Tenure

Heritable. (Scottish equivalent of English Freehold).

Description

The property comprises ground floor retail accommodation with ancillary accommodation on the first floor.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises ground floor retail accommodation with ancillary accommodation on the first floor.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reversion
Ground
First
Retail/Ancillary
Ancillary
244.05 sq m
87.61 sq m
(2,627 sq ft)
(943 sq ft)
MACKAYS
STORES
LIMITED
t/a M&Co (1)
5 years from
24/06/17 on a
full repairing and
insuring lease
£30,000 23/06/2022
Totals
331.66 sq m
(3,570 sq ft)
    £30,000  

(1) Mackay Stores Limited trade as M&Co throughout the UK. The first Mackays store opened 50 years ago and the family business now trades from almost 300 stores and employs more than 3,900 staff (www.mandco.com). For the year ending 24/02/2017, Mackays Stores Limited reported a turnover of £165,611,000, pre-tax profits of £1,100,000 and a total net worth of £36,441,000 (Source: Experian Group 08/11/17).

Property Documents

  • Site Plan
    Updated Date
    15.11.17
    File Size
    2 MB
    View PDF
  • Catalogue Page
    Updated Date
    15.11.17
    File Size
    691 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Mhairi ArchibaldMhairi Archibald +44 (0)7718 899 341 Mhairi.archibald@acuitus.co.uk
Seller's Solicitors
Peterkins Robertson and Paul Solicitors Kensington House, 227 Sauchiehall Street
Glasgow
G2 3EX
David Morris 0141 331 4510davidmorris@prp-legal.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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