Prominent city centre location on main arterial route.
Redevelopment opportunity (planning consent obtained - please see legal pack)
Neighbouring occupiers include Pizza Hut, Sainsburys Local, Alpine Bikes and Salon Services.
Central location on main public transport routes and Union Street to public transport and within a short walking distance.
Lot 38
Auction 24th September 2021
Vacant Possession
Status Sold Post
Price
Sector Leisure
Auction Venue Live Streamed Auction
Property Information
Location
Miles
67 miles north-east of Dundee
Roads
A90, A96
Rail
Aberdeen Railway Station (Mainline and Scotrail)
Air
Aberdeen Airport
Situation
The property is situated in the west side of Aberdeen city centre, on Holburn Street near its junction with Ashvale Place. The surrounding area is a mix of residential and commercial use with neighbouring occupiers including Papa Johns, Pizza Hut and Sainsburys Local together with local traders. The central location offers good connectivity to public transport and local amenities. Union Street, the city's principal thoroughfare, is also within a short walking distance.
Tenure
Heritable.
Location
Miles
67 miles north-east of Dundee
Roads
A90, A96
Rail
Aberdeen Railway Station (Mainline and Scotrail)
Air
Aberdeen Airport
Situation
The property is situated in the west side of Aberdeen city centre, on Holburn Street near its junction with Ashvale Place. The surrounding area is a mix of residential and commercial use with neighbouring occupiers including Papa Johns, Pizza Hut and Sainsburys Local together with local traders. The central location offers good connectivity to public transport and local amenities. Union Street, the city's principal thoroughfare, is also within a short walking distance.
Tenure
Heritable.
Description
The property comprises of a bar and leisure venue. The property is arranged over ground, lower ground and basement floors. The main access to the property is via Holborn Street together with access to part of the basement (in its current configuration) from Union Glen.
Planning permission was recently granted for a partial change of use of the lower ground and basement floors to form a Private Members Club and previously to form four, two-bed flats. The subjects would be suitable for redevelopment to a variety of uses, subject to planning.
VAT
VAT is applicable to this lot.
Viewings
Please contact Mhairi Archibald (0771 8899341)
EPC
Please see the Legal Pack for further details
Description
The property comprises of a bar and leisure venue. The property is arranged over ground, lower ground and basement floors. The main access to the property is via Holborn Street together with access to part of the basement (in its current configuration) from Union Glen.
Planning permission was recently granted for a partial change of use of the lower ground and basement floors to form a Private Members Club and previously to form four, two-bed flats. The subjects would be suitable for redevelopment to a variety of uses, subject to planning.
VAT
VAT is applicable to this lot.
Viewings
Please contact Mhairi Archibald (0771 8899341)
EPC
Please see the Legal Pack for further details
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Possession
Ground Lower Ground Basement
Former Public House Former Music venue Former music venue and kitchen
73.09 sq m 204.79 sq m 167.49 sq m
(787 sq ft) (2,204 sq ft) (1,803 sq ft)
Vacant Possession
Total
445.37 sq m
(4,794 sq ft) (1)
(1) Gross Internal Area
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.