1 Queen's Cross
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1 Queen's Cross
8,515 SF Retail Building Aberdeen AB15 4XU $2,609,040 ($306/SF) 10.10% Cap Rate
Investment Highlights
- Prestigious office property.
- Great location.
- Car parking.
Executive Summary
Offers over £2,100,000 excluding VAT are sought for our client’s heritable interest in the building. A purchase at this level would show
an attractive net initial yield of 10.1% after deduction of purchaser’s costs and LBTT.
an attractive net initial yield of 10.1% after deduction of purchaser’s costs and LBTT.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bank
Building Size
8,515 SF
Building Class
B
Year Built
1865
Price
$2,609,040
Price Per SF
$306
Cap Rate
10.10%
NOI
$263,513
Tenancy
Single
Building Height
3 Stories
Slab To Slab
12’
Building FAR
0.78
Lot Size
0.25 AC
Frontage
35 FT on Queens Cswy
Amenities
- 24 Hour Access
- Security System
- Energy Performance Rating - B
- Storage Space
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1 Queen's Cross
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