Page 6 - Shepherd Commercial Auctions - Catalogue 18/04/2024

Lot 2 17-19 Windmill Brae, Aberdeen, AB11 6HU Licensed Investment
Features
• City Centre Licensed Premises
• GIA 1,805 sq. m. (19,429 sq. ft.)
• Lease commenced 18th December 2020 for 8 years • Passing Rent £50,000 p.a.
Description
The subject property comprises leisure premises arranged over the lower ground floor, upper ground floor and part of the first floor of a substantial four storey and attic building constructed of granite under a pitched and slated roof.
Accommodation
Lower Ground Floor Bar
The accommodation comprises a bar area (accessed Windmill Brae) with fitted seating and a bar servery, male and female customer toilets, a commercial kitchen area and cellarage areas.
Upper Ground Floor Bar
This area can be accessed off Windmill Brae or Bridge Street and comprises a bar area with numerous seating areas, bar servery areas, store rooms, with male and female customer toilets and office area at first floor level. The tenant has also fitted out self service beer taps.
Location
Aberdeen is Scotland’s third largest city, with a population of around 230,000 people and is widely regarded as the energy capital of Europe. The city, which is located in the north- east of Scotland, has two universities, with a combined student population of around 30,000 students.
The property is located within an established leisure area in Aberdeen city centre, within easy walking distance of Aberdeen railway & bus station and Union Street, which is the city’s primary shopping thoroughfare. A location plan
can be seen later in this brochure.
The property has access from both Windmill Brae and Bridge Place.
Neighbouring occupiers include, Café Boheme, Arik nightclub, Rileys sports bar and various takeaways.
*Guide Price £320,000 (plus fees if applicable)
6 * Please see Buyer’s Terms for definition of guide price and auction fees
Rateable Value
Upper Ground & First - £66,500 Lower Ground - £38,500
Auction Type
Unconditional Sale - The buyers fee is 3.6% inc VAT(3% plus VAT) .