
1 Shiprow | Aberdeen AB11 5BY
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you

Your email has been sent!
1 Shiprow
Aberdeen AB11 5BY
Retail Property For Sale


INVESTMENT HIGHLIGHTS
- VUE Cinema and Lane 7
- very low capital value of £46 psf
- RY 16%
EXECUTIVE SUMMARY
The VUE Cinema and Lane 7 at Shiprow, city centre Aberdeen. Tangible asset management opportunities to regear VUE beyond 2026; expand Lane 7 into ground floor and/or let the part ground and first floor to a new operator. Seeking offers for this 65,000 sq ft asset of £3.0 million reflecting an attractive NIY of 24.8% (RY 16%) after standard purchaser's costs and a very low capital value of £46 psf.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Retail
Building Size
65,115 SF
Building Class
B
Year Built
2001
Price
$3,772,200
Price Per SF
$58
Cap Rate
24.80%
NOI
$935,506
Percent Leased
89%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
0.59
Lot Size
2.53 AC
Frontage
185 FT on Shiprow
AMENITIES
- 24 Hour Access
- Storage Space
1 of 10
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP