Property photos
Offers over
£2,100,000
(£246.62/sq. ft)
Property for sale
1 Queen's Cross, Aberdeen, Scotland AB158,515 sq. ft
Available immediately
Local area information
Property location
Nearby amenities
- St Joseph's RC School 0.1 miles
- Albyn School 0.2 miles
- Aberdeen 1.1 miles
- Aberdeen Ferry Terminal 1.3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Outstanding single-let office and banking hall
- Strong tenant covenant, Clydesdale Bank plc T/A Virgin Money
- Break option recently removed, providing 5.51 years unexpired
- Very low risk CreditSafe rating of 86A
- Passing rent of £225,250 per annum, reflecting £26.45 per sq ft
- 8,515 sq ft with an excellent car parking ratio of 1:266
- Long-term redevelopment potential
- Price - £2,100,000 exclusive of VAT, reflecting a net initial yield of 10%
Prestigious single-let office investment.
1 Queen's Cross is a prominent detached office building laid out over lower ground, ground, first and attic floors. To the rear of the property is a high quality modern extension fitted out to provide a banking hall with open plan office accommodation. The property benefits from 32 car parking spaces providing an excellent parking ratio of 1:266 sq ft.
1 Queen's Cross is a prominent detached office building laid out over lower ground, ground, first and attic floors. To the rear of the property is a high quality modern extension fitted out to provide a banking hall with open plan office accommodation. The property benefits from 32 car parking spaces providing an excellent parking ratio of 1:266 sq ft.
More information
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