Investment property with diverse tenant lineup

This prime income-producing investment property is a well-established four-unit tenanted development situated in an excellent, high-profile trading location adjacent to a major city roundabout in Aberdeen. The current total annual rent is £242,000, offering a Net Initial Yield of 8.2%. The development comprises four modern units, including two drive-thrus and two standalone retail units, and benefits from 76 car parking spaces. It features a diverse and resilient tenant lineup, anchored by internationally recognized quick-service restaurant operators KFC and Taco Bell, alongside strong national and specialist retailers, making it a perfect addition to any investment portfolio. The property is ideally located on Great Northern Road in Aberdeen, occupying a highly prominent position at the Haudagain Roundabout, one of the city’s busiest and most strategically important junctions. Great Northern Road is a significant arterial route running north-south through the northern part of the city, extending approximately 3.7 kilometers and linking key districts such as Woodside, Kittybrewster, and areas towards Bridge of Don. It connects with major routes like the A92 (North Anderson Drive) and provides direct access to the city center and onward routes to Dyce and the wider Aberdeenshire region, establishing it as a well-trafficked and strategically important corridor. The area features a mixed-use environment with residential properties and various commercial occupiers, ensuring consistent local footfall in addition to passing vehicular traffic. Tenancy details for each unit are as follows: Unit 1 (American Golf (Trading) Ltd): Term from 05/07/1999 to 28/11/2029. Size: 2,986 sq ft. Rent: £45,000 per annum. Unit 2 (Pets & Care Limited): Term from 01/09/2023 to 31/08/2038, with tenant break clauses on 31/08/2028 and 31/08/2033. Rent reviews are every five years. Size: 3,538 sq ft. Rent: £30,000 per annum. The landlord holds a rent deposit of £7,500 + VAT for five years, with a service charge cap and schedule of condition. Unit 3 (Clokken Ltd, KFC Drive Thru): Term from 23/08/1999 to 31/05/2043. Rent reviews are every five years. Size: 2,475 sq ft. Rent: £97,000 per annum, with fixed increases to £109,746.57 (2028), £124,168.14 (2033), and £140,484.82 (2038). The lease is guaranteed by KFC (GB) Ltd, with an annual service charge cap equating to 5% of the annual rent. Unit 4 (Taco-Time (SC) Ltd, Taco Bell Drive Thru): Term from 10/05/2021 to 10/05/2041, with a tenant break clause on 09/05/2031. Rent review is every five years. Size: 1,990 sq ft. Rent: £70,000 per annum. The lease is guaranteed by Alderforce SC Limited, with a service charge cap. The total internal area across all units is 10,989 sq ft, with potential for further drive-thru or drive-to development.