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17-19 Windmill Brae 19,429 SF Retail Building Aberdeen AB11 6HU $469,502 ($24.17/SF) 14.29% Cap Rate
Investment Highlights
- Substantial Property
- Passing Rent: £50,000p.a
- Held on F.R.I Lease
Executive Summary
The property is let to OGV Taprooms Limited on a Full Repairing and Insuring Lease which is subject to a Schedule of Condition.
The lease expires on 17th December 2028 at a current passing rent £50,000pa. OGV Taproom has been developed by the team at OGV Energy a well-established media group within the energy industry. The property is available on a freehold Investment basis for offers over £350,000.
The lease expires on 17th December 2028 at a current passing rent £50,000pa. OGV Taproom has been developed by the team at OGV Energy a well-established media group within the energy industry. The property is available on a freehold Investment basis for offers over £350,000.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
19,429 SF
Building Class
B
Year Built
1899
Price
$469,502
Price Per SF
$24.17
Cap Rate
14.29%
NOI
$67,072
Tenancy
Single
Building Height
5 Stories
Building FAR
2.16
Lot Size
0.21 AC
Amenities
- Security System
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Nearby Major Retailers
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17-19 Windmill Brae
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