City centre townhouse investment over looking Bon Accord Gardens
Aberdein Considine head office
Future development opportunity (subject to planning)
Extensive site with 25 car parking spaces
Lot 39
Auction 25th March 2021
Rent £105,000 per Annum Exclusive
Status Sold
Price £822,000
Sector Office
Auction Venue Live Streamed Auction
Property Information
Location
Miles
67 miles north east of Dundee
Roads
A90 A96
Rail
Aberdeen Railway Station
Air
Aberdeen Airport
Situation
Aberdeen is the third largest city in Scotland, known globally as a hub for the energy industry. The city has a population of 207,000 and is home to two universities. Bon Accord Crescent is an established office location close to Union Street and Aberdeen Railway Station. Neighbouring occupiers include professional, IT and financial companies.
Tenure
Heritable.
Location
Miles
67 miles north east of Dundee
Roads
A90 A96
Rail
Aberdeen Railway Station
Air
Aberdeen Airport
Situation
Aberdeen is the third largest city in Scotland, known globally as a hub for the energy industry. The city has a population of 207,000 and is home to two universities. Bon Accord Crescent is an established office location close to Union Street and Aberdeen Railway Station. Neighbouring occupiers include professional, IT and financial companies.
Tenure
Heritable.
Description
The property comprises two mid terrace townhouses, both planned over basement, ground and two upper floors. The properties are interconnected. There is a private 25 space car park at the rear accessed via Bon Accord Crescent Lane.
VAT
VAT is not applicable to this lot.
Planning
The property may benefit from conversion to residential use subject to the current occupation and the necessary consents/permissions. Interested parties are referred to Aberdeen Council. www.aberdeencity.gov.uk.
Viewings
Please contact Mhairi Archibald on 07718 899 341
EPC
See legal pack for information
Description
The property comprises two mid terrace townhouses, both planned over basement, ground and two upper floors. The properties are interconnected. There is a private 25 space car park at the rear accessed via Bon Accord Crescent Lane.
VAT
VAT is not applicable to this lot.
Planning
The property may benefit from conversion to residential use subject to the current occupation and the necessary consents/permissions. Interested parties are referred to Aberdeen Council. www.aberdeencity.gov.uk.
Viewings
Please contact Mhairi Archibald on 07718 899 341
EPC
See legal pack for information
Tenancy & Accommodation
Address
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Review/ (Reversion)
8 Bon Accord Crescent
Basement Ground First Second
Office
35.51 sq m 89.21 sq m 70.53 sq m 54.76 sq m
(382 sq ft) (960 sq ft) (759 sq ft) (589 sq ft)
The Firm of Aberdein Considine and Company (1) (4)
29/03/2019 to 31/12/2029
£105,000
01/01/2024
9 Bon Accord Crescent
Basement Ground First Second
Residential
73.67 sq m 88.69 sq m 84.67 sq m 76.50 sq m
(793 sq ft) (954 sq ft) (911 sq ft) (823 sq ft)
Total
573.53 sq m
(6,171 sq ft)
£105,000
(1) Aberdein Considine is a law firm with 19 offices across Scotland and the North of England and more than 450 staff. They are Scotlands largest estate and leasing agent with a national network of high street branches, including in the key cities of Aberdeen, Edinburgh, Glasgow, Perth and Stirling. Aberdein Considine is a partnership made up of 30 partners. For further information please see www.acandco.com. (2) There is a tenant break option on 31/12/2023 (3) The lease is full repairing and insuring subject to a schedule of condition (4) The Firm of Aberdein Considine and Company occupies the property as its head office, which also includes the adjacent buildings at 5, 6 and 7 Bon Accord Crescent which they owner occupy. There is a pre-emption right held by the seller regarding 5, 6 and 7 Bon Accord Crescent that can be transferred to a purchaser. The details of the pre-emption can be found in the legal pack.
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.