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65 Richmond St 1,420 SF Retail Condo Unit Offered at $188,476 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.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Cap Rate | 9.14% |
| Sale Type | Investment |
| Cap Rate | 9.14% |
| Tenure | Freehold |
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.
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.
reflecting a Net Initial Yield of 9.14% after deduction of standard purchasers
costs.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 65 | 1,420 SF | Retail | $188,476 ($132.73/SF) | $17,226.71 |
Unit 65
| Unit Size |
| 1,420 SF |
| Condo Use |
| Retail |
| Price |
| $188,476 ($132.73/SF) |
| NOI |
| $17,226.71 |
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Unit 65
| Unit Size | 1,420 SF |
| Condo Use | Retail |
| Price | $188,476 ($132.73/SF) |
| NOI | $17,226.71 |
| Sale Type | Investment |
| Cap Rate | 9.14% |
| Tenure | Freehold |
| Description | |
| Internally the front of the shop comprises a sales/seating area. To the rear is a<br> large kitchen, an accessible toilet, further customer toilet and staff toilet. The<br> property benefits from security shutters and is part double and part single<br> glazed.</li></ul> | |
| Sale Notes | |
| Offers over £140,000 are invited for our clients heritable interest in the subjects<br> reflecting a Net Initial Yield of 9.14% 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 | 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 1
Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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65 Richmond St
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