Chapel Street Investment For Sale

November 28, 2017
Main Photo Pixlr - 14.11.17 - DLM 1

FG Burnett is pleased to be marketing the retail investment at 8 Chapel Street in Aberdeen.  Dave MacLeod is handing the sale and believes it will prove a popular opportunity for private investors.  Dave comments “We acted on behalf of our client earlier this year to let the shop to Tiger Lily Boutique, a successful womenswear fashion retailer based in Broughty Ferry.  The investment is now for sale at offers over £220,000, with an annual rent of £20,500 per annum.  This would give an investor a net initial yield of 9.1%, which is an attractive return for a really prominent city centre retail unit.”

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