Property photos
Offers over
£4,500,000
(£54.40/sq. ft)
Property for sale
The Exchange No 1 & 2, Market Street, Aberdeen, Scotland AB1182,726 sq. ft
Available immediately
Local area information
Property location
Nearby amenities
- Aberdeen Ferry Terminal 0.1 miles
- Aberdeen 0.1 miles
- Robert Gordon's College 0.4 miles
- Hanover Street School 0.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Aberdeen to find out more about the local area.
Features and description
- Very prominent city centre location with striking views over Aberdeen harbour
- Approximate total floor area of 82,726 sq ft (7,685 sq m)
- Total current rental income of £930,320 per annum
- Low risk tenants with a range of vacant refurbished suites
- Asset management opportunities via lease regears and new lettings
- Heritable interest (Scottish equivalent of English Freehold)
- WAULT of 2.9 years to expiry (2.6 years to break)
- Offers in excess of £4,500,000 are invited, reflecting a net initial yield of 19.40%
- Low capital rate of £54.40 per sq ft provides an excellent opportunity to add value and create profit
High yielding office investment with immediate potential to add value
More information
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