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15 Kings Mall, The Thistles, Stirling FK8 2EA - Shopping Centre

Aberdeen Standard Investments has agreed a temporary let at 15 Kings Mall, The Thistles, Stirling with Lippsdale Ltd.

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In Town Properties

Unit E7/E8, Bon Accord and St Nicholas Centres

Aberdeen AB25 1HZ

E7/E8, Bon Accord and St Nicholas Centres, Aberdeen - Picture 2017-08-04-09-09-21

Landlord Instruction

Availability

To Let

Size

4,140 sq ft (384.00 sq m)

Owner

BMO Real Estate

Use Class

A1

Rent

£225,000 pa

Address

George Street, Aberdeen,
AB25 1HZ, Scotland

Location

The Bon Accord & St Nicholas centres comprise the established prime shopping location for the City of Aberdeen. Aberdeen is the major retail centre for the people of North East Scotland. The city has a catchment of over 400,000 people with 52% of the core catchment being the more affluent AB and C1.

The Bon Accord & St Nicholas centres benefit from footfall averaging over 270,000 people per week making it one of Scotland’s busiest shopping locations.

Tenants include John Lewis, M&S, Topshop, H&M, River Island, Next, New Look, Kurt Geiger, Phase Eight and Disney Store.

Description

Unit E7/E8 occupies a prime, central location in St Nicholas mall in between Miss Selfridge and H&M. Other occupiers nearby include Lipsy, Marks & Spencer, The Body Shop, Jane Norman, JD Sports and Starbucks.

This unit can be sub-divided to form two smaller units as follows:

E7 - 2,548 sq ft (236.7 sq m)

E8 - 1,616 sq ft (150.1 sq m)

Rates

  • Rateable Value: £170,000
  • UBR: 49.20p/£
  • Rates Payable: £83,641

We are verbally informed that the premises are assessed as above. We would recommend that interested parties make their own enquiries via the Local Rating Authority.

Accommodation

The unit can be split to provide one ground floor unit of 1,668 sq ft and one ground floor unit of 1,606 sq ft.

  • Dimensionsftm
  • Net Frontage3811.60
  • Shop Depth9428.70
  • Areassq ftsq m
  • Ground floor sales3,396315.48
  • Basement79073.39
  • Total Size4,186388.87

Tenure

Leasehold

Lease Type

New Lease

Lease Term

A new 15 year effective full repairing and insuring lease incorporating upward only rent reviews.

Costs

Each party to be responsible for their own legal costs incurred in connection with the transaction. The ingoing tenant will be responsible for SDLT, registration dues, etc in connection with the lease.

Service Charge

A service charge will be payable for the current year (2010/11). This is approximately £52,599 per annum exclusive of VAT.

Contacts