Heritable Upper Floors with Planning Consent for 10 Flats
Development Opportunity Within Two Minutes Walk of Union Street
Planning Consent for Conversion to 10 Flats
Mixed Use Area including Offices, Retail, Leisure and Residential
Lot 45
Auction 7th November 2024
Vacant Possession
Status Sold Prior
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
Located on the west side of Summer Street, between the junctions with Little Chapel Street and Huntly Street. It is situated in the City Centre, less than 200 metres from Union Street, Aberdeen’s main commercial throughfare. High profile office buildings including Union Plaza and the Silber Fin and high profile occupiers include Shell with c. 1,000 staff It is well located for transport links across the city, the main bus and train stations are less than a 15 minute walk away.
Tenure
Heritable.
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
Located on the west side of Summer Street, between the junctions with Little Chapel Street and Huntly Street. It is situated in the City Centre, less than 200 metres from Union Street, Aberdeen’s main commercial throughfare. High profile office buildings including Union Plaza and the Silber Fin and high profile occupiers include Shell with c. 1,000 staff It is well located for transport links across the city, the main bus and train stations are less than a 15 minute walk away.
Tenure
Heritable.
Description
The property occupies the first and second floors of a modern building. The L shape configuration of the property has stairwells and entrances on both the east and west elevations. The entrance at the east elevation is accessed via Summer Street and the entrance on the West side is accessed via Little Chapel Street.
VAT
VAT is not applicable to this lot.
Planning
Planning permission has been granted for a change of use from class 4 (office) to form 10 residential flats.
Planning information can be found at Aberdeen City Council planning portal (Ref No - 221068/DPP). Please note The related s75 agreement contains provisions avoiding the need for the purchaser to meet Affordable Housing requirements or pay Community Facilities Contribution, Healthcare Contribution and Open Space Contribution providing the permitted scheme commences within twelve months of the decision date. Source: Aberdeen City Council Planning Portal
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property occupies the first and second floors of a modern building. The L shape configuration of the property has stairwells and entrances on both the east and west elevations. The entrance at the east elevation is accessed via Summer Street and the entrance on the West side is accessed via Little Chapel Street.
VAT
VAT is not applicable to this lot.
Planning
Planning permission has been granted for a change of use from class 4 (office) to form 10 residential flats.
Planning information can be found at Aberdeen City Council planning portal (Ref No - 221068/DPP). Please note The related s75 agreement contains provisions avoiding the need for the purchaser to meet Affordable Housing requirements or pay Community Facilities Contribution, Healthcare Contribution and Open Space Contribution providing the permitted scheme commences within twelve months of the decision date. Source: Aberdeen City Council Planning Portal
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
First Second
Office Office
424.94 420.10
(4,574) (4,522)
Total
845.04
(9,096)
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.