21 Mid Stocket Rd 4,028 SF 68% Leased Office Building Aberdeen AB15 5JL $436,201 ($108.29/SF) 8.79% Cap Rate

INVESTMENT HIGHLIGHTS

  • Car parking.
  • Great location.
  • Large glazed display windows.

EXECUTIVE SUMMARY

Offers in the region of £325,000 for the heritable interest reflecting a capital rate of £80.69 per sq ft, a net initial yield of 8.79% after purchaser's costs.

ATTACHMENTS

Brochure

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
4,028 SF
Building Class
B
Year Built
1850
Price
$436,201
Price Per SF
$108.29
Cap Rate
8.79%
NOI
$38,342
Percent Leased
68%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,014 SF
Building FAR
0.92
Lot Size
0.10 AC
Parking
5 Spaces (1.24 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Signage
  • Energy Performance Rating - D
  • Reception

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • Ground-Ste Unit 3
  • 481 SF
  • Office
  • Full Build-Out
  • Now

The accommodation is arranged over ground and first floors, accessible via the pedestrian door to the rear of the property immediately onto the car park. The unit can also be accessed via the adjacent electric roller-shutter garage door. The ground floor comprises storage space, however could be adapted to a number of other uses such as a studio or further office space. It has concrete flooring and includes a WC. The first floor is accessible via stairs leading from the external pedestrian door. The space comprises three partitioned rooms, including one larger open plan office and two smaller ancillary offices.

  • 1st Fl-Ste Unit 3
  • 791 SF
  • Office
  • Full Build-Out
  • Now

The accommodation is arranged over ground and first floors, accessible via the pedestrian door to the rear of the property immediately onto the car park. The unit can also be accessed via the adjacent electric roller-shutter garage door. The ground floor comprises storage space, however could be adapted to a number of other uses such as a studio or further office space. It has concrete flooring and includes a WC. The first floor is accessible via stairs leading from the external pedestrian door. The space comprises three partitioned rooms, including one larger open plan office and two smaller ancillary offices.

Space Size Space Use Condition Available
Ground-Ste Unit 3 481 SF Office Full Build-Out Now
1st Fl-Ste Unit 3 791 SF Office Full Build-Out Now

Ground-Ste Unit 3

Size
481 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste Unit 3

Size
791 SF
Space Use
Office
Condition
Full Build-Out
Available
Now
  • Listing ID: 33767630

  • Date on Market: 11/6/2024

  • Last Updated:

  • Address: 21 Mid Stocket Rd, Aberdeen AB15 5JL