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1A-1B Ruthrie Ter 549 SF Retail Condo Unit Offered at $93,358 in Aberdeen AB10 7JY
Investment Highlights
- High visibility roadside position
- Rear access to Ruthrieston Road
- The subjects comprise a single storey building
Executive Summary
The property comprises a single-storey mid-terraced building of brick and block construction with a harled external finish beneath a pitched tiled roof. The unit forms part of a terrace within a predominantly residential area and benefits from an exclusive external area to the rear with access onto Ruthrieston Road. The surrounding locality includes a mix of residential and nearby commercial occupiers.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Cap Rate | 10.10% |
| Sale Type | Investment |
| Cap Rate | 10.10% |
| Tenure | Freehold |
Description
Internally the property has been recently refurbished and comprises open plan office/retail area with tea prep, wc and cupboard to the rear. The property benefits from carpeted flooring, a suspended tile ceiling, LED lights and electric panel heating.
Sale Notes
Offers over £70,000 are invited for our clients heritable interest in the subjects
reflecting a Net Initial Yield of 10.1% after deduction of standard purchasers
costs.
reflecting a Net Initial Yield of 10.1% after deduction of standard purchasers
costs.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1B | 549 SF | Retail | $93,358 ($170.05/SF) | $9,429.18 |
Unit 1B
| Unit Size |
| 549 SF |
| Condo Use |
| Retail |
| Price |
| $93,358 ($170.05/SF) |
| NOI |
| $9,429.18 |
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Unit 1B
| Unit Size | 549 SF |
| Condo Use | Retail |
| Price | $93,358 ($170.05/SF) |
| NOI | $9,429.18 |
| Sale Type | Investment |
| Cap Rate | 10.10% |
| Tenure | Freehold |
| Description | |
| Internally the property has been recently refurbished and comprises open plan office/retail area with tea prep, wc and cupboard to the rear. The property benefits from carpeted flooring, a suspended tile ceiling, LED lights and electric panel heating.</li></ul> | |
| Sale Notes | |
| Offers over £70,000 are invited for our clients heritable interest in the subjects<br> reflecting a Net Initial Yield of 10.1% after deduction of standard purchasers<br> costs.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 1,840 SF | Typical Floor Size | 1,840 SF |
| Property Type | Retail (Condo) | Year Built | 1979 |
| Property Subtype | Storefront | Tenancy | Single |
| Building Class | B | Lot Size | 0.05 AC |
| Floors | 1 |
| Total Building Size | 1,840 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 1,840 SF |
| Year Built | 1979 |
| Tenancy | Single |
| Lot Size | 0.05 AC |
Amenities
- 24 Hour Access
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Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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1A-1B Ruthrie Ter
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