Heritable Office Opportunity with Planning Consent for Residential Redevelopment
City Centre Redevelopment Opportunity Close to Union Street
Planning Consent to convert from Offices to 59 Residential Flats
On-Site parking for 36 vehicles
0.25 miles to Aberdeen Bus and Train Stations
In close proximity to Union Terrace Gardens
Lot 21
Auction 12th December 2024
Vacant Possession
Status Available
Guide* £500,000
Sector Office
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
Ruby Lane is located to the north of Union Street in the centre of Aberdeen city centre. To the south of the property is Aberdeen's main railway and bus stations, Union Square Shopping Centre and road connections to the A90 south. Nearby occupiers include Mercure Aberdeen Caledonian Hotel, Aberdeen Music Hall, His Majesty's Theatre and a number of national and local traders on Union Street.
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
Ruby Lane is located to the north of Union Street in the centre of Aberdeen city centre. To the south of the property is Aberdeen's main railway and bus stations, Union Square Shopping Centre and road connections to the A90 south. Nearby occupiers include Mercure Aberdeen Caledonian Hotel, Aberdeen Music Hall, His Majesty's Theatre and a number of national and local traders on Union Street.
Tenure
Heritable.
Description
The property comprises a substantial L shaped four storey office building totalling 40,628 sq. ft. on a site of approximately 0.35 Ha (0.87 Aces). The property benefits from a car park providing approximately 36 spaces.
VAT
VAT is applicable to this lot.
Planning
The property has the benefit of Detailed Planning Permission (220346/DPP) which was granted by Aberdeen City Council for the conversion of Ruby House from office accommodation to 59 residential apartments on 29th November 2022. All enquiries should be made with Aberdeen City Council (www.aberdeencity.gov.uk) (Phone: 03000 200 292)
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a substantial L shaped four storey office building totalling 40,628 sq. ft. on a site of approximately 0.35 Ha (0.87 Aces). The property benefits from a car park providing approximately 36 spaces.
VAT
VAT is applicable to this lot.
Planning
The property has the benefit of Detailed Planning Permission (220346/DPP) which was granted by Aberdeen City Council for the conversion of Ruby House from office accommodation to 59 residential apartments on 29th November 2022. All enquiries should be made with Aberdeen City Council (www.aberdeencity.gov.uk) (Phone: 03000 200 292)
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
Possession
Ground First Second Third
Office Office Office Office
943.61 943.61 943.61 943.61
(10,157) (10,157) (10,157) (10,157)
VACANT POSSESSION
Total
3,774.43
(40,628)
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.