Aberdeen is located approximately 180 km (125 miles) north of Edinburgh and 210km (145 miles) north east of Glasgow. The city benefits from excellent road communications with the A90 and A96 offering direct links to Dundee and Inverness. In addition, the city is connected to the national rail network with direct services to London Kings Cross with a fastest journey time of 4 hours 20 minutes. Aberdeen International Airport is approximately 9.6 km (6 miles) north-west of the city centre and is used by around 3 million passengers a year for scheduled and charter holiday flights.

Aberdeen city & Shire is the third largest city region in Scotland and home to almost 0.5 million people of which 230,000 live in Aberdeen. Aberdeen is one of the world's top five energy cities and has been ranked as one of the UK's most competitive cities with innovative industries, excellent academic and research capabilities and a highly skilled workforce. Alongside continued investment in energy, life sciences, tourism and hospitability, food, drink and agriculture, digital and the creative sectors are industries on the rise (Source: Aberdeen City Council).

We are advised that the property has a net internal floor area of 179.80 sq m (1,936 sq ft) and an ITZA of 101.73 sq m (1,095 sq ft)

Virgin Money Plc (Co No 06952311) has reported the following trading figures;

Virgin Money plc is a UK-based bank and financial services company owned by the Virgin Group and founded by Sir Richard Branson in March 1995. It was originally known as Virgin Direct. In the 2000s Virgin Money expanded its operations around the world.

Virgin Money announced plans to become a retail bank, and bought Northern Rock plc in January 2012 and rebranded the business as Virgin Money. The holding company for Virgin Money, Virgin Money Holdings (UK) plc, is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index

For further information go to www.uk.virginmoney.com

1. An opportunity to acquire a secure retail investment in the heart of Aberdeen City Centre

2. Let to the very strong covenant of Virgin Money plc

3. The tenant has demonstrated their commitment to the property by removing the break option and undertaking a comprehensive re-fit of the unit

4. Tenant undertaking capital improvements to the property

5. Shareholder’s funds of nearly £1.7billion

6. Ideal lot size for private investors, SIPP purchase

7. Category B listed Building so no liability for Empty Property Rates

8. No VAT payable on the purchase price

9. Similar property at 127 Union Street, Aberdeen let to EE with only 4 ½ years term certain sold in June 2017 for net yield of 8%

10. Attractive net initial yield of 8.02%