PRIME BAR & NIGHTCLUB VENUE 33 BELMONT STREET ABERDEEN AB10 1JS BELMONT STREET ABERDEEN AB10 1LB.

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1 PRIME BAR & NIGHTCLUB VENUE BELMONT STREET AB10 1LB

2 LOCATION The subject property is located in the heart of Aberdeen city centre and only a short walking distance from Union Street, the city s main commercial thoroughfare which provides a mixture of retail, licensed, office, residential and hotel uses. The property occupies a high profile position on the west side of Belmont Street and overlooks onto the popular Union Terrace Gardens, which is being transformed as part of a 20m investment from late Belmont Street is considered one of Aberdeen s main licensed routes and there is a good mix of national and strong local covenants. Nearby occupiers include Revolution, Pizza Express, Siberia Vodka Bar, Slain s Castle, Ma Cameron s, Bar 99, The Old School House, Triple Kirks, Coco Ooze, All Saints, Nick Nairn, Oliver Bonas and Cup Cafe. The Academy Shopping Centre is located nearby on the corner of Belmont Street and Schoolhill and is tenanted by Revolucion de Cuba, Costa, Nando s, Jack Wills and Rye & Soda. SURROUNDING AREA The surrounding area is currently undergoing significant change with the proposed development of Dandara s, The Point, into a new 342 bed student accommodation block. In addition, construction of Marischal Square, a 175,000 sq ft Grade A office scheme, which sits opposite the 180,000 sq ft Aberdeen City Council headquarters in the iconic Marischal College, is well underway and due for completion in July Residence Inn by Marriott, All Bar One, Mackies and Prezzo have committed to the leisure element of the development. These developments will significantly enhance the footfall for the area with an estimated 1,500 additional workers moving into the vicinity.

3 DESCRIPTION The subjects comprise a well-established bar & nightclub arranged over ground, first and basement floors of an architecturally impressive, Category A listed converted church. The property benefits from a number of periodic features both internally and externally which have been sympathetically retained through a high quality refurbishment of the premises. We estimate the premises extend to the following approximate gross internal floor areas: Floor sq. m sq. ft Ground 315 3,396 First 141 1,522 Basement 330 3,556 TOTAL 786 8,474 LEASE TERMS The property is available on Full Repairing and Insuring lease terms for a period to be agreed. Any medium to long term lease will incorporate an upwards only rent review provision at regular intervals. RENT Further details available on request. BUSINESS RATES The ingoing occupier will be responsible for local authority business rates. The rateable value of the premises is 86,500.

4 Ground Floor Basement First Floor

5 THE PRIME PRIORY BAR & NIGHTCLUB VENUE AB11 AB10 6HA 1JS AB11 6HA ENERGY PERFORMANCE CERTIFICATE Full documentation is available upon request. LEGAL COSTS Each party will be responsible for their own legal costs in relation to the transaction. The ingoing tenant will be responsible for any LBTT and Registration dues, if applicable. FURTHER INFORMATION To arrange a viewing or for further information, please contact the sole letting agents. CONTACT US CBRE Ltd 1 Albyn Terrace Aberdeen AB10 1YP Contact: Derren McRae Tel: derren.mcrae@cbre.com Contact: Amy Tyler Tel: amy.tyler@cbre.com DISCLAIMER. CBRE on its behalf and for the Vendors or Lessors of this property, whose Agents they are, give notice that: These particulars are set out as a general outline only for guidance to intending Purchasers or Lessees, and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Parties should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of CBRE has any authority to make any representation or warranty whatsoever in relation to this property. Unless otherwise stated, all priced and rents are quoted exclusive of VAT. Date of publication: May 2017.