North Esplanade West, Aberdeen, Aberdeenshire, AB11 5RN
For Sale
Property Summary
Strong and prominent City Centre location, one of few City Centre Petrol Stations
Let to Motor Fuel Limited, D&B rating of 5A2
Lease Expiry - April 2041
Passing Rent - £140,000 with CPI linked uplifts (cap and collar 1-3%) subject to a rent review in April 2026 (estimated rent increase to £162,310 p.a.) and 5 yearly thereafter
Price - £2,350,000 reflecting an attractive topped up Net Initial Yield of 6.47%.
Let to Motor Fuel Limited, D&B rating of 5A2
Lease Expiry - April 2041
Passing Rent - £140,000 with CPI linked uplifts (cap and collar 1-3%) subject to a rent review in April 2026 (estimated rent increase to £162,310 p.a.) and 5 yearly thereafter
Price - £2,350,000 reflecting an attractive topped up Net Initial Yield of 6.47%.
Full Details
Strong and prominent City Centre location, one of few City Centre Petrol Stations
Let to Motor Fuel Limited, D&B rating of 5A2
Lease Expiry - April 2041
Passing Rent - £140,000 with CPI linked uplifts (cap and collar 1-3%) subject to a rent review in April 2026 (estimated rent increase to £162,310 p.a.) and 5 yearly thereafter
Price - £2,350,000 reflecting an attractive topped up Net Initial Yield of 6.47%.
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