Burgh House 1 - 9 King Street Aberdeen AB24 5AA

  • Burgh House<br>1 - 9 King Street<br>Aberdeen<br>AB24 5AA

Burgh House
1 - 9 King Street
Aberdeen
AB24 5AA

Heritable Office Investment

  • Majority let to The Scottish Police Authority
  • Well located at the southern end of King Street close to its junction with Union Street
  • Grade B Listed building
  • Nearby occupiers include Aberdeen Sheriff Court and the Marischal Square development
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    83
  • Auction
    22nd October 2015
  • Rent
    £151,850 per Annum Exclusive
  • Status
    Sold
  • Price
    £675,000
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
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Heritable Office Investment

  • Majority let to The Scottish Police Authority
  • Well located at the southern end of King Street close to its junction with Union Street
  • Grade B Listed building
  • Nearby occupiers include Aberdeen Sheriff Court and the Marischal Square development
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 83
  • Auction 22nd October 2015
  • Rent £151,850 per Annum Exclusive
  • Status Sold
  • Price £675,000
  • Sector
    Office
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
67 miles north of Dundee
Roads
A90, A96
Rail
Aberdeen (2 hours 25 minutes to Edinburgh Waverley)
Air
Aberdeen Airport (6 miles west)
Situation

Aberdeen is recognised globally as a centre of excellence for the oil and gas sector. As the third largest city in Scotland with a population of approximately 225,000, Aberdeen has a regional catchment of over 500,000 people. The University of Aberdeen and Robert Gordon’s University in the city have a collective population of around 27,000 full time students. The property is situated on the western side of King Street close to its junction with Union Street, the bus and railway stations. King Street is a major route into Aberdeen from the east. Nearby are both universities, Marischal College (the head office of Aberdeen City Council) and the Sheriff Courts.

Tenure

Heritable. (Scottish Equivalent of Freehold).

Location
Miles
67 miles north of Dundee
Roads
A90, A96
Rail
Aberdeen (2 hours 25 minutes to Edinburgh Waverley)
Air
Aberdeen Airport (6 miles west)
Situation

Aberdeen is recognised globally as a centre of excellence for the oil and gas sector. As the third largest city in Scotland with a population of approximately 225,000, Aberdeen has a regional catchment of over 500,000 people. The University of Aberdeen and Robert Gordon’s University in the city have a collective population of around 27,000 full time students. The property is situated on the western side of King Street close to its junction with Union Street, the bus and railway stations. King Street is a major route into Aberdeen from the east. Nearby are both universities, Marischal College (the head office of Aberdeen City Council) and the Sheriff Courts.

Tenure

Heritable. (Scottish Equivalent of Freehold).

Description

The property comprises a Grade B Listed building over basement, ground and three upper floors providing a mix of cellular and open plan office accommodation. 1 King Street comprises a retail unit at ground and basement levels.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

Viewings

Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Mhairi Jarvis. Telephone: +44 (0)131 552 5191.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a Grade B Listed building over basement, ground and three upper floors providing a mix of cellular and open plan office accommodation. 1 King Street comprises a retail unit at ground and basement levels.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

Viewings

Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Mhairi Jarvis. Telephone: +44 (0)131 552 5191.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

No Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x. Reversion
1 King Street Ground/Basement Retail/Ancillary
139.16 sq m
(1,498 sq ft)
 VACANT      
5 King Street Ground/Basement Office
185.89 sq m
(2,001 sq ft)
 THE
SCOTTISH
POLICE
AUTHORITY		 Approx 6 years
10 months from
12/05/2009		 £9,500 31/03/2016
7-9 King Street Lower Ground
Ground
First
Second
Third		 Office
Office
Office
Office
Office
181.06 sq m
195.37 sq m
337.27 sq m
383.96 sq m
307.13 sq m
(1,949 sq ft)
(2,103 sq ft)
(4,061 sq ft)
(4,133 sq ft)
(3,306 sq ft)
 THE
SCOTTISH
POLICE
AUTHORITY		 Approx 21 years
5 months from
01/11/1994		 £142,350 31/03/2016
Totals  
1,769.84 sq m
(19,051 sq ft)
     £151,850  

Contacts

Acuitus
Mhairi ArchibaldMhairi Archibald +44 (0)7718 899 341 Mhairi.archibald@acuitus.co.uk
Associate Auctioneers
CKD Galbraith 59 George Street
Edinburgh
EH2 2JG
David Clarke 01786 434 630david.clarke@ckdgalbraith.co.uk
Seller's Solicitors
MacRoberts LLP Capella, 60 York Street
Glasgow
G2 8JX
Douglas Lamb 0141 303 1100douglas.lamb@macroberts.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
AquillaNatasha Ward+44 (0)20 3159 4314+44 (0)7545 208 759natashaw@aquillaib.co.uk

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