FPDSavills - Retail - Aberdeen, 191-197 Union Street, Feuhold Sale

Date: 13 Aug 1998

GUD Pension Trust has sold its feuhold interest in 191-197 Union Street, Aberdeen.

The property was redeveloped in 1985 and is let to C&J Clark International and Laura Ashley Limited (sublet to John Smith Booksellers). The total rent of £119,800 per annum reflects Zone A rates in the region of £45 per sq ft and the price achieved reflects a net initial yield of 7.57%.

FPDSavills acted on behalf of the vendor while Jones Lang Wootton represented the purchaser.

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