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Belmont St - The Academy 12,352 SF Retail Condo Unit Offered at $1,345,390 in Aberdeen AB10 1LB
Executive Summary
The subjects form part of The Academy which was previously the Aberdeen Academy School which was refurbished and restored in 1998 to create a multi use commercial complex. The property of a three storey height with access to the units from Belmont Street or the internal Courtyard with a granite and harled finish. The roof over is slate.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Sale Type | Investment |
| Tenure | Freehold |
Description
The subjects form part of The Academy which was previously the Aberdeen Academy School which was refurbished and restored in 1998 to create a multi use commercial complex. The property of a three storey height with access to the units from Belmont Street or the internal Courtyard with a granite and harled finish. The roof over is slate.
Sale Notes
Unit 10 is let to Nando's Chickenland Ltd until 16/07/2032 and unit 10A let to Osan Yildiz t/a Laila until 12/09/2032 with a TBO 12/09/2027 with a gross income of £95,000pa. Unit 7 and Block 2 2nd Floor both vacant which represent an opportunity for a purchaser to add additional income to the existing revenue.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Restaurant | 12,352 SF | Retail | $1,345,390 ($108.92/SF) | - |
Unit Restaurant
| Unit Size |
| 12,352 SF |
| Condo Use |
| Retail |
| Price |
| $1,345,390 ($108.92/SF) |
| NOI |
| - |
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Unit Restaurant
| Unit Size | 12,352 SF |
| Condo Use | Retail |
| Price | $1,345,390 ($108.92/SF) |
| NOI | - |
| Sale Type | Investment |
| Tenure | Freehold |
| Description | |
| The subjects form part of The Academy which was previously the Aberdeen Academy School which was refurbished and restored in 1998 to create a multi use commercial complex. The property of a three storey height with access to the units from Belmont Street or the internal Courtyard with a granite and harled finish. The roof over is slate.</li></ul> | |
| Sale Notes | |
| Unit 10 is let to Nando's Chickenland Ltd until 16/07/2032 and unit 10A let to Osan Yildiz t/a Laila until 12/09/2032 with a TBO 12/09/2027 with a gross income of £95,000pa. Unit 7 and Block 2 2nd Floor both vacant which represent an opportunity for a purchaser to add additional income to the existing revenue.</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 | 67,000 SF | Floors | 4 |
| Property Type | Retail (Condo) | Typical Floor Size | 14,169 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 1900 |
| Building Class | B | Lot Size | 1.20 AC |
| Total Building Size | 67,000 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 14,169 SF |
| Year Built | 1900 |
| Lot Size | 1.20 AC |
Amenities
- Courtyard
- Fenced Lot
- Property Manager on Site
- Security System
- Storage Space
- Air Conditioning
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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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Belmont St - The Academy
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