A heritable drive-thru investment which is prominently situated in-between East Tullos and West Tullos Industrial Estates is to be sold at auction with a guide price of £1.475m.
The purpose built property at 1 Abbotswell Road is currently operating as a drive thru Costa Coffee who hold a lease on the premises until May 2034 with no breaks. The current rental income is £100,000 with the May rent review remains outstanding.
Subscribe to our daily newsletter
Why? Free to subscribe, no paywall, daily business news digest.
Mhairi Archibald of Acuitus commented: “Drive thru investments have become an exceedingly popular asset for investors. Situated in a prominent position for its current consumer base, we expect there to be significant demand for this in the auction room”.
Several other Aberdeen assets are to be sold at the upcoming Acuitus commercial property auction, including a heritable supermarket investment operating as a Co-operative Food with a guide price of £975,000. The property is located close to Aberdeen University. The upper floors of this building are also available and have consent for the development of 6 residential flats.
The Acuitus auction will take place on September 21st at 1pm and will be broadcast via livestream on the Acuitus website with bidding online, by telephone and by proxy. Further details here
