Page 36 - Shepherd Commercial Auctions - Catalogue 22/02/2024

Lot 32 345 & 361 North Deeside Road, Cults, Aberdeenshire AB15 9SX Portfolio of six residential flats together with office/development opportunity
Features
• Popular location within the affluent area of Cults • Opportunity to add value
Description
345 NORTH DEESIDE ROAD – 4 Flats
The subjects form the first floor and attic levels of a larger building, the ground floor of which forms a retail unit trading as a Sainsbury's local store. The building is of stone construction and as has pitched and slated roof over incorporating dormers to the front and rear elevations. Access into the property is via the rear elevation. Internally the property provides 4 flats – 2 at first floor and 2 at attic level.
361 NORTH DEESIDE ROAD – 2 Flats
The subjects form the first floor and attic levels of a larger building, the ground floor of which forms a retail unit trading as a Lloyds Pharmacy. The building is of pointed stone construction and has a pitched slated roof incorporating a large dormer to the rear elevation. Access into the property is via a wide passageway to the rear elevation.
SELF-CONTAINED OFFICE PREMISES
The office accommodation is arranged over the first floor and accessed from North Deeside Road.
Location
Cults is a highly desirable, picturesque suburb of Aberdeen which lies just 4 miles west of the city centre on Lower Deeside. Cults has achieved a reputation as one of the most sought after residential areas of Aberdeen. Locally, there is a primary school and an award winning secondary school. The International School is also situated nearby at Pitfodels. Robert Gordon University is located approximately 1.5 miles to the east.
Cults allows easy commuting to the City Centre, Aberdeen Airport, Dyce and Westhill via North Deeside Road (A93) itself which also connects the location to Royal Deeside, Bieldside, Miltimber and Peterculter.
The location benefits from easy access to the Aberdeen Western Periphery Route (AWPR) which is just 3 miles to the west of the subjects.
*Guide Price £320,000 (plus fees if applicable)
36 * Please see Buyer’s Terms for definition of guide price and auction fees
Accommodation
345 NORTH DEESIDE ROAD - 4 Flats
Flat A - Hallway, Lounge, Kitchen, Bedroom, Box Room & Bathroom. Flat B - Hallway, Lounge, Dining Kitchen, three Bedrooms and Shower Room.
Flat C - Hallway, Lounge, Kitchen, Bedroom and Shower Room.
Flat D - Hallway, Lounge, Kitchen, Bedroom and Shower Room.
361 NORTH DEESIDE ROAD – 2 Flats
Internally the property provides 2 flats – one at first floor and a larger maisonette over both first and attic levels. The units provide the following accommodation:
Flat A - Hallway, Lounge, Kitchen, Bedroom, & Shower Room.
Flat B - Hallway, Lounge, Kitchen & Bathroom at first and two Bedrooms at attic.
SELF-CONTAINED OFFICE PREMISES
The floors are a mix of concrete and timber with various floor coverings while walls are a mix of plastered on the hard and plasterboard. The space is split to provide a range of large and small offices and storage areas along with male and female WC’s and a staff canteen area. Natural light is provided by timber, single glazed windows to the front and upvc, double glazed windows to the rear. There is no mains power to the office premises.
Energy Performance Rating EPC's are available upon request.
Tenancy
The below flats are currently let:
345 B North Deeside Road - £746.75 pcm
345 D North Deeside Road - £515 pcm
361B North Deeside Road - £669.50 pcm
The above provides a total annum income of £23,175
Auction Type
Unconditional Sale - The buyers fee is 2.4% inc VAT(2% plus VAT) subject to a minimum of £2,400 inc VAT(£2,000 plus VAT).