26 - 38 Union Street Aberdeen AB10 1BD

26 - 38 Union Street
Aberdeen
AB10 1BD

Heritable Development Opportunity

Former Department Store building (Esslemont & Macintosh)
Prime location in Aberdeen City Centre adjacent to Marischal Square
Two highly attractive buildings
Approximate Floor Area of 3,691.28 sq. m. (39,733 sq. ft.) over part ground, basement and upper floors
Substantial residential or commercial re-development opportunity (subject to consents)

Lot
29
Auction
27th March 2024
Vacant Possession
Status
Sold Post
Price
Auction Venue
Live Streamed Auction

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Heritable Development Opportunity

Former Department Store building (Esslemont & Macintosh)
Prime location in Aberdeen City Centre adjacent to Marischal Square
Two highly attractive buildings
Approximate Floor Area of 3,691.28 sq. m. (39,733 sq. ft.) over part ground, basement and upper floors
Substantial residential or commercial re-development opportunity (subject to consents)

Lot 29
Auction 27th March 2024
Vacant Possession
Status Sold 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 runs
west to east and also 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 and the Marischal Square office and mixed use quarter.

The location is also close to the Bon Accord and St Nicholas Shopping Centre. Nearby occupiers include Vue Cinema, Marks & Spencer, Brewdog, JD Wetherspoon, Sports Direct and Costa with office occupiers including Aberdeen City Council, Burness Paull and KPMG

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

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 3,692.80 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. The property could be 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

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.