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New Instruction

345 North Deeside Road

Cults, Aberdeen, AB15 9SX

£3,085,000


• Convenience supermarket investment let to Sainsbury’s with upper floor flats & office available by separate negotiation.
• Situated at a prominent intersection on the main retail parade in Cults, a highly sought after and affluent suburb of Aberdeen.
• …

• Convenience supermarket investment let to Sainsbury’s with upper floor flats & office available by separate negotiation.
• Situated at a prominent intersection on the main retail parade in Cults, a highly sought after and affluent suburb of Aberdeen.
• Large prominent corner site with rear car park.
• The subjects extend to approximately 12,172 sq ft (GIA).
• Let to Sainsbury’s Supermarkets Limited until 31 May 2030 with RPI linked rent review due in May 2025.
• Sainsbury’s have an option to extend the lease by 10 years from expiry.
• Passing rent of £229,595 p.a. exclusive.
• Heritable Interest (Scottish Equivalent of English Freehold).
• We are instructed to seek offers in excess of £3,085,000 exclusive which reflects an attractive net initial of 7.00%.
• The upper floors are not included in the sale but are available by separate negotiation.