Commercial · For sale

4/4A Alford Place, Aberdeen – Retail / Office Investment - Extended Term & Reduced Price

4/4A Alford Place, Alford Place, Aberdeen, Aberdeen City, AB10 1YD

Offers over £475,000

Tenure

Freehold

Added

18 Oct 2026

About this property

The property comprises a mid-terraced, two-storey and basement granite building with a pitched and slated roof, and a two-storey rear extension. 4 Alford Place is a self-contained unit with an open-plan retail space fronting Alford Place, with additional cellular office/storage rooms to the rear. The ground floor also includes a W/C and tea prep facilities. The lower ground floor comprises an open plan area and benefits from a further tea prep. The lower ground floor is accessible both internally and via a fire escape on the east elevation, which leads directly onto Alford Place. 4A Alford Place is a self-contained first-floor office. On entry, stairs lead up to a well presented open-plan office forming part of the rear extension. Further stairs lead to additional cellular office space, along with a W/C and tea prep area. The subjects have a secure car park to the rear of the building for 7 cars, accessible via Thistle Place.

Key points: - Reduced price and recent lease extension agreed. - Prominent location in Aberdeen's West End, just off Union Street and close to Albyn Place. - Let to Community Integrated Care with a D&B rating of 5A1. - Let at a total rent of £55,000 per annum on FRI terms until 15 May 2030. - Offers over £475,000, equating to a net initial yield of 11.09% after costs.

Figures are taken from the vendor's particulars and are subject to contract. Enquire through PropSale for the full information pack.

Features

• Total Passing Rent: £55k pa
• Net Initial Yield: 11.09%
• Tenure: Heritable