1 Queen's Cross, Aberdeen, Scotland, AB15 4XU

Property Details: • Type: Office • Tenure: N/A • Floor Area: 8515 sqft

Key Features: • Outstanding single-let office and banking hall • Strong tenant covenant, Clydesdale Bank plc T/A Virgin Money • Break option recently removed, providing 4.7 years unexpired • Very low risk CreditSafe rating of 86A • Passing rent of £225,250 per annum, reflecting £26.45 per sq ft • 8,515 sq ft with an excellent car parking ratio of 1:266 • Long-term redevelopment potential • Price - £1,950,000 exclusive of VAT, reflecting a net initial yield of 10.88%

Location: • Nearest Station: Aberdeen Station • Distance to Station: 1.044630721712535 miles

Agent Information: • Address: The Capitol, 431 Union Street, Aberdeen, AB11 6DA

Full Description: Prestigious single-let office investment.<br /><br />1 Queen's Cross is a prominent detached office building laid out over lower ground, ground, first and attic floors. To the rear of the property is a high quality modern extension fitted out to provide a banking hall with open plan office accommodation. The property benefits from 32 car parking spaces providing an excellent parking ratio of 1:266 sq ft.