17-19 Windmill Brae, Aberdeen, AB11 6HU

What it costs to own

The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.

What it's likely to sell for

From what comparable lots actually sold for against their guide, in Cornerlot's results.

Energy rating

Future Property Auctions hasn't published a rating for this lot. Ask for the certificate or check the legal pack: in England and Wales, a commercial property rated F or G can't be let without a registered exemption.

How it compares

History

• First listed on Cornerlot 11 Oct 2026.
• Guide cut from £222,000 to £209,000 (6% lower), 17 Oct 2026.
• Listed before with Allsop for 24 Mar 2026: Unsold, guide £325,000. See that listing

Future Property Auctions' record

About the lot

Freehold leisure lot in Aberdeen. Producing £50,000 a year, a 21.0% gross yield at the guide.

Commercial Investment. ***INCOME PRODUCING £50k pa INVESTMENT***Tenanted leisure premises arranged over the lower ground, upper ground floor and part first floor. Tenant keen to extend the lease. ALL RENT IS UP TO DATE. Let to: OGV Taprooms Limited on a Full Repairing and Insuring Lease which is subject to a Schedule of Condition. Current passing rent: £50,000pa. Lease expiry: 17th December 2028. Was sold for over £2 million historically. Lower Ground: 716.7sqm (7,715sq ft). Upper Ground: 827.6sqm (8,908sq ft). First Floor: 260.7sqm (2,806sq ft). Total: 1,805sqm (19,429sq ft). Lower Ground Bar. Comprises a bar area (accessed Windmill Brae) with fitted seating and a bar servery, male and female customer toilets, a commercial kitchen area and cellar areas. Upper Ground Bar. Comprises bar area with numerous seating areas, bar servery areas, store rooms, with male/female customer toilets and office area at first floor level. ***INCOME PRODUCING COMMERCIAL INVESTMENT***Tenanted leisure premises arranged over the lower ground, upper ground floor and part first floor. FRI lease producing £50,000 pa. CITY CENTRE LOCATION. Let to: OGV Taprooms Limited on a Full Repairing and Insuring Lease which is subject to a Schedule of Condition. Current passing rent: £50,000pa. Lease expiry: 17th December 2028. Area. Lower Ground: 716.7sqm (7,715sq ft). Upper Ground: 827.6sqm (8,908sq ft). First Floor: 260.7sqm (2,806sq ft). Total: 1,805sqm (19,429sq ft). Lower Ground Bar. Comprises a bar area (accessed Windmill Brae) with fitted seating and a bar servery, male and female customer toilets, a commercial kitchen area and cellar areas. Upper Ground Bar. Comprises bar area with numerous seating areas, bar servery areas, store rooms, with male/female customer toilets and office area at first floor level. Tenancy: Type of Agreement: Full Repairing & Insuring (FRI). Length: 3 Years. Rent: £50,000 per year / £4,167 per month. Yield: 24% (approx). Tenant: Private Individual. Notes: Let to: OGV Taprooms Limited on a Full Repairing and Insuring Lease which is subject to a Schedule of Condition. Current passing rent: £50,000pa. Lease expiry: 17th December 2028. The property is located within an established leisure area in Aberdeen city centre, within easy walking distance of Aberdeen railway & bus station and Union Street, which is the city's primary shopping thoroughfare Aberdeen is Scotland's third largest city, with a population of around 230,000 people and is widely regarded as the energy capital of Europe. The city, which is located in the north-east of Scotland, has two universities, with a combined student population of around 30,000 students. The property has access from both Windmill Brae and Bridge Place. Neighbouring occupiers include, Café Boheme, Arik nightclub, Rileys sports bar and vanious takeaways.