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1 St Swithin Row

5,106 SF 72% Leased Office Building Aberdeen AB10 6DL $938,298 ($184/SF) 12.93% Cap Rate

Investment Highlights

  • Car parking.
  • Great transport links.
  • Split over two levels.

Executive Summary

Offers over £750,000, excluding VAT are sought for our client’s heritable interest. A purchase at this level would show an attractive net initial yield of 12.93%.

Attachments

Brochure

Property Facts

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
5,106 SF
Building Class
B
Year Built
1997
Price
$938,298
Price Per SF
$184
Cap Rate
12.93%
NOI
$121,322
Percent Leased
72%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,553 SF
Building FAR
0.90
Lot Size
0.13 AC
Parking
18 Spaces (3.53 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • Ground-Ste Suite A
  • 1,439 SF
  • Office
  • Full Build-Out
  • Now

Internally the suite is currently open plan in nature with cellular offices and a meeting room, with a separate tea prep and designated male and female toilets. The suite has a carpet tiled floor, suspended ceiling grid incorporating comfort cooling and lighting. The landlord intends to carry out a full refurbishment of the suite. The suite is fully network cabled including power, IT and data points. The building further benefits from a shared entrance, as well as a communal shower room and accessible toilet. There is also a timed door entry system allowing 24 hours access.

Space Size Space Use Condition Available
Ground-Ste Suite A 1,439 SF Office Full Build-Out Now

Ground-Ste Suite A

Size
1,439 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

Ground-Ste Suite A

Size 1,439 SF
Space Use Office
Condition Full Build-Out
Available Now

Internally the suite is currently open plan in nature with cellular offices and a meeting room, with a separate tea prep and designated male and female toilets. The suite has a carpet tiled floor, suspended ceiling grid incorporating comfort cooling and lighting. The landlord intends to carry out a full refurbishment of the suite. The suite is fully network cabled including power, IT and data points. The building further benefits from a shared entrance, as well as a communal shower room and accessible toilet. There is also a timed door entry system allowing 24 hours access.

  • Listing ID: 30154876

  • Date on Market: 11/23/2023

  • Last Updated:

  • Address: 1 St Swithin Row, Aberdeen AB10 6DL

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