A 2 unit, 30,000 sq ft retail warehouse property acquired jointly with the Walker Group in 1998, let to B&Q and Textile World.
The B&Q unit had been sub-let to Matalan. Post acquisition negotiations with the tenants allowed the surrender of the occupational leases and a simultaneous new 15 year lease of the whole of the site to be granted to Matalan. The investment was sold after the first rent review in 2005.
In a rapidly improving area between Aberdeen City Centre and the beach front and one block back from Beach Boulevard.
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