Substantial residential or commercial re-development opportunity (subject to consents)
Prime location in Aberdeen City Centre
Lot 26
Auction 13th December 2023
Vacant Possession
Status Withdrawn Post
Price
Sector Development
Auction Venue Live Streamed Auction
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
Union Street is located in the heart of Aberdeen city centre. The street connects the north of the city with the south towards the railway and bus stations, Union Square Shopping Centre and road connections to the A90 south. The property is prominently situated on the north side of Union Street at its junction with Broad Street close to the Bon Accord and St Nicholas Shopping Centre. Nearby occupiers include Vue Cinema, Marks & Spencer, Brewdog, JD Wetherspoon, Sports Direct and Costa.
Tenure
Heritable. (Scottish equivalent of English 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
Union Street is located in the heart of Aberdeen city centre. The street connects the north of the city with the south towards the railway and bus stations, Union Square Shopping Centre and road connections to the A90 south. The property is prominently situated on the north side of Union Street at its junction with Broad Street close to the Bon Accord and St Nicholas Shopping Centre. Nearby occupiers include Vue Cinema, Marks & Spencer, Brewdog, JD Wetherspoon, Sports Direct and Costa.
Tenure
Heritable. (Scottish equivalent of English Freehold).
Description
The property comprises the upper floors, basement and part ground floor of two highly attractive buildings with an approximate floor area of 3,691.25 sq m (39,733 sq ft). The buildings are linked by a corridor at third floor level over St Catherine's Wynd. Internally, the property is finished to a shell specification with open plan configuration and suitable for a range of uses including residential, student accommodation, hotel and leisure subject to obtaining the necessary consents.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises the upper floors, basement and part ground floor of two highly attractive buildings with an approximate floor area of 3,691.25 sq m (39,733 sq ft). The buildings are linked by a corridor at third floor level over St Catherine's Wynd. Internally, the property is finished to a shell specification with open plan configuration and suitable for a range of uses including residential, student accommodation, hotel and leisure subject to obtaining the necessary consents.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Address
Floor
Floor Areas (Approx sq m)
Floor Areas (Approx sq ft)
Possession
26-30 Union Street
Ground Basement First Second Third Fourth
81.00 232.25) 468.00 368.00 375.00 140.00
(872) (2,500) (5,038) (3,961) (4,036) (1,507)
VACANT POSSESSION
32-38 Union Street
Basement Second Third Fourth Fifth
475.00 390.00 390.00 386.00 386.00
(5,113) (4,198) (4,198) (4,155) (4,155)
VACANT POSSESSION
Total
3,691.28)
(39,733)
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.