Let to Grampian Children's Respite Care (Charlie House)
Lease until 31st January 2028
Passing rent of £90,000 per annum
Offers over £595,000 exclusive of VAT are invited
Attractive net initial yield of 14.42%
Overview
Prestigious office investment opportunity available for sale in Aberdeen's west end.
Balmoral House is an attractive semi-detached former townhouse of granite construction under a pitched slated roof. It offers high quality refurbished office accommodation and is located on Carden Place a short distance from Queen's Cross roundabout.
The property is let to Grampian Children's Respite Care (Charlie House) who have recently agreed a lease extension.