Summary

• PRIME LOCATION OPPOSITE STATION SQUARE AND NEARBY TO M&S FOOD, FARMFOODS AND THE GARIOCH CENTRE
  
• EPC RATING OF B [22]
  
• LET UNTIL 31 MAY 2025
  
• TENANT IN OCCUPATION SINCE 1987
  
• ASSET MANAGEMENT OPPORTUNITY
  
• PASSING RENT: £18,500 PER ANNUM
  
• £215,000 REFLECTING A NIY OF 8.43%
  
• VAT FREE INVESTMENT

Location

The property is located within the popular town of Inverurie which is located just off the A96 trunk road around 16 miles to the north west of Aberdeen.

More particularly, the property is located on the south side of Burn Lane within the heart of Inverurie town centre, forming part of an established retailing location directly opposite the Station Square Development which includes a range of national traders including Poundland, Edinburgh Woolen Mill, New Look and Superdrug. The Garioch Shopping Centre is located a short distance to the north as is a Marks and Spencer Food Hall and a new Farmfoods supermarket which remains under construction.

Description

The property comprises a single storey ground floor retail unit which forms past of a small parade of retail units. The roof sections over are partly pitched, hipped and incorporate a large central flat section which is understood to be laid in mineral felt.

The property benefits from a large, glazed display frontage onto Burn Lane that includes signage above.

Internally, the unit comprises a large open retail unit area with ancillary staff accommodation to the rear, including toilets and storage.