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65 Richmond St 1,420 SF Retail Condo Unit Offered at $186,856 in Aberdeen AB25 2TS
INVESTMENT HIGHLIGHTS
- The property is located on the west side of Richmond Street
- Approximately half a mile north of Aberdeen city centre
- Busy retail thoroughfare of Rosemount
EXECUTIVE SUMMARY
The subjects comprise the ground floor and basement of a 3 storey and attic building of stone construction under a pitched and slated roof. A single storey extension at the rear of the property is of stone construction with a pitched and slated roof. The property benefits from basement storage and outhouses.
PROPERTY FACTS
| Total Building Size | 2,268 SF | Floors | 4 |
| Property Type | Retail (Condo) | Typical Floor Size | 2,268 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1897 |
| Building Class | B | Lot Size | 0.06 AC |
| Total Building Size | 2,268 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 2,268 SF |
| Year Built | 1897 |
| Lot Size | 0.06 AC |
AMENITIES
- Security System
1 UNIT AVAILABLE
Unit 65
| Unit Size | 1,420 SF | Sale Type | Investment |
| Price | $186,856 | Tenure | Freehold |
| Price Per SF | $131.59 | Cap Rate | 9.14% |
| Condo Use | Retail | NOI | $17,078.64 |
| Unit Size | 1,420 SF |
| Price | $186,856 |
| Price Per SF | $131.59 |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 9.14% |
| NOI | $17,078.64 |
DESCRIPTION
Internally the front of the shop comprises a sales/seating area. To the rear is a
large kitchen, an accessible toilet, further customer toilet and staff toilet. The
property benefits from security shutters and is part double and part single
glazed.
SALE NOTES
Offers over £140,000 are invited for our clients heritable interest in the subjects
reflecting a Net Initial Yield of 9.14% after deduction of standard purchasers
costs.
NEARBY MAJOR RETAILERS
Presented by
65 Richmond St
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