Tenanted commercial unit

This mid-terraced commercial property is situated in a prime city centre location on Union Street, Aberdeen, a prominent commercial thoroughfare. It is positioned near the busy Union Street / Union Terrace junction and close to Union Terrace Gardens, which is undergoing a significant £30M regeneration project. The property benefits from excellent access to the city's shopping centres, rail, and bus stations. Surrounding occupiers include major retailers such as Primark, Barclays, HMV, Poundland, KFC, and Lakeland, as well as a Travelodge, bars, and restaurants. The building comprises a mid-terraced retail unit constructed of traditional granite, featuring a pitched roof. It offers a prominent frontage with dual display windows and an aluminium-framed, glazed entrance. Internally, the ground floor is fitted out to the tenant's corporate specifications, with laminated timber flooring and fluorescent strip lighting set within a suspended acoustic tile ceiling. The ground floor also includes a customer W.C. and a staff counter. A staircase at the rear provides access to the basement, which houses staff facilities, an office, and storage areas. The property extends to a total internal area of 2,040 square feet, calculated as 1,094 square feet on the ground floor and 946 square feet on the first floor. It is currently let to Power Leisure Bookmakers Ltd, trading as Paddy Power, under a full repairing and insuring (FRI) head lease. The lease is set to expire on 18th November 2027, with a passing rent of £35,000 per annum. Power Leisure Bookmakers Limited is a subsidiary of Flutter Entertainment plc, a FTSE 100 listed company with over 600 shops across the UK and Ireland.