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Purpose-built detached leisure facility

Aberdeen, United Kingdom

82%

£3.000.000

Mixed use

#34018

Core+

29 Oct 2024

Property Details

Broker

For sale

65,115 sq.ft.

6,049 m²

Leasable area

46 £/sq.ft.

495 £/m²

24.80 %

2

Freehold

X

Fees

0.00 %

0.50 %

0.00 %

0.50 %

Investment Overview

Aberdeen is the 3rd largest city in Scotland with a population in excess of 225,000 (ONS). Property is situated in the heart of Aberdeen’s city centre. Purpose-built detached leisure facility of 65,115 sq ft (6,049 sq m) comprising a 7-screen cinema (with approximately 1,500 seats); the experiential leisure operator in the basement and the opportunity to let 7,594 sq ft split over ground and first floor level Total contracted income of £792,835 per annum. ERV of the two vacant floors of £70,270 pa (at £9.25 psf).