Modern Local Supermarket Investment
Modern Local Supermarket Investment
The property is prominently located at the entrance to this affluent and fast growing Aberdeen commuter town within a predominantly residential area. The town is located a short distance south of the proposed Trump International Golf Links development. Nearby occupiers include Links Nursery, Dickies Chemist and a council library.
Long Leasehold. Held from Aberdeenshire Council for a term of 175 years from 25th August 2005 until 2180 The rent payable under the ground lease is 1 per annum
The property is prominently located at the entrance to this affluent and fast growing Aberdeen commuter town within a predominantly residential area. The town is located a short distance south of the proposed Trump International Golf Links development. Nearby occupiers include Links Nursery, Dickies Chemist and a council library.
Long Leasehold. Held from Aberdeenshire Council for a term of 175 years from 25th August 2005 until 2180 The rent payable under the ground lease is 1 per annum
The property comprises a LARGE SINGLE STOREY CONVENIENCE STORE within a modern neighbourhood retail parade. The property is sub-divided to provide a large open plan retail area and an open plan store with cellular staff accommodation. There is parking for approximately 33 cars to the front of the property and staff parking and servicing to the rear, the use of which is common to the whole development.
VAT is applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises a LARGE SINGLE STOREY CONVENIENCE STORE within a modern neighbourhood retail parade. The property is sub-divided to provide a large open plan retail area and an open plan store with cellular staff accommodation. There is parking for approximately 33 cars to the front of the property and staff parking and servicing to the rear, the use of which is common to the whole development.
VAT is applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Review |
|---|---|---|---|---|---|---|
| Ground Ground |
Retail Store/Staff |
189.45 sq m (2,039 sq ft) 131.06 sq m (1,411 sq ft) |
CO-OPERATIVE GROUP (CWS) LIMITED (1) | 25 years from 18/04/2006 until 2031 on a full repairing and insuring lease (2) | £40,000 | 18/04/2011 and 5 yearly thereafter |
| Totals | 302.51 sq m (3,450 sq ft) |
£40,000 |
(1)Co-Operative Group (CWS) Ltd is now known as Co-Operative Group Limited. In 2009, The Co-Operative Group reported a profit for the year of 160,000,000 and total net assets of 4,523,000,000. (Source: The Co-Operative Group Annual Review 2009) (2)The tenant has an option to determine the lease at the expiry of the fifteenth year, upon a minimum of 3 months' notice.
By clicking the Submit button I confirm that I would like to get updates on this Property. Please email me updates when they are published.
If you have a query, please fill in the box below, otherwise click the Submit button.
We will keep you updated about lot xthis property.
In the meantime, if you would like to speak to the Surveyor about this property, please call on .
Are you sure you want to remove this property from your Watch List?
Are you sure you are no longer interested in this property?
Are you sure you want to delete your Account?
