345 North Deeside Road

North Deeside Road, Cults, Aberdeen, AB15 9SX

Asking Price £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.• 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.