Retail Property Projects

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Guild Street, Aberdeen

value:£900k

4456 sq ft

This former public house was successfully transformed into a modern retail unit and prelet to Sainsbury’s on a new 15 year lease. The entire building, which is located within the Merchant Quarter of Aberdeen, underwent a comprehensive refurbishment in line with the Townscape Heritage Initiative.

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Jesmond Drive, Bridge of Don, Aberdeen

value:£2.2m

7000 sq ft

This asset management opportunity was acquired in 2007. The neighbourhood shopping centre is located adjacent to ASDA and comprised of six retail units totalling 7,000 sq ft offering asset management opportunities. A £220k refurbishment process including the addition of a unit was completed during 2009. This property is held in portfolio.

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Rosemount, Aberdeen

value:£1.3m

4500 sq ft

Joint Venture development combining two retail shops into one. This site had been pre-let to Sainsbury’s on a new 15 year lease and is held still retained by the Joint Venture.

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Union Street, Aberdeen

value:£1.5m

3800 sq ft

Having been vacant for some time, we acquired the property and undertook a comprehensive refurbishment creating 3,800 sq ft of retail space on ground floor which was pre-let to Sainsbury’s on a new 15 year lease. Recruitment Agency Brook Street occupy the upper floor offices.