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21 Guild St
Aberdeen AB11 6NJ

St Magnus House · Office Property For Sale

Investment Highlights

  • Good road links
  • Close proximity to local amenities
  • Good transport links

Executive Summary

Offers in excess of £7,000,000 (£87 per sq ft), a purchase at this level would reflect an attractive Net Initial Yield of 20% and a reversionary yield of 23.95 (after 1st floor lets), assuming standard purchaser costs of 6.61%.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
78,314 SF
Building Class
B
LoopNet Rating
4 Star
Year Built/Renovated
1984/2000
Price
$12,572,505 CAD
Price Per SF
$161 CAD
Cap Rate
20%
NOI
$2,514,501 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
7 Stories
Typical Floor Size
11,499 SF
Building FAR
0.90
Lot Size
2.00 AC
Parking
124 Spaces (1.54 Spaces per 1,000 SF Leased)

Amenities

  • Raised Floor
  • Security System
  • Accent Lighting
  • Energy Performance Rating - C
  • Storage Space
  • DDA Compliant
  • Demised WC facilities
  • Reception
  • Drop Ceiling
  • Listing ID: 32183127

  • Date on Market: 2024-06-19

  • Last Updated:

  • Address: 21 Guild St, Aberdeen AB11 6NJ

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