Located close to Union Street and the city's high profile office hub including The Capitol Building and The Silver Fin
Significant asset management and redevelopment opportunities including subdivision (subject to consent)
Large open plan retail and office space at ground and first floors, cellular offices at second floor
Four x 1 bedroom flats requiring refurbishment
Secure car parking for approximately 10 cars, accessed from Summer Street
Lot 43
Auction 27th March 2025
Vacant Possession
Status Available
Guide* £395,000
Sector Retail, Office
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 International Airport (6.5 miles west)
Situation
The subject property is located on Chapel Street, approximately 100 metres from Union Street, Aberdeen’s main retail and commercial street. Office occupiers including Shell, PWC and NEO Energy are located nearby. There is a Holiday Inn Express immediately opposite the property on Chapel Street along with a number of local retail and restaurant occupiers.
Tenure
Heritable.
Location
Miles
67 miles north-east of Dundee
Roads
A90, A96
Rail
Aberdeen Railway Station (Mainline and ScotRail)
Air
Aberdeen International Airport (6.5 miles west)
Situation
The subject property is located on Chapel Street, approximately 100 metres from Union Street, Aberdeen’s main retail and commercial street. Office occupiers including Shell, PWC and NEO Energy are located nearby. There is a Holiday Inn Express immediately opposite the property on Chapel Street along with a number of local retail and restaurant occupiers.
Tenure
Heritable.
Description
The former ASPC has a retail frontage on to Chapel Street with further open plan space at first floor. The second floor accommodation is largely cellular. Accessed via a separate entrance off Chapel Street here are four one-bedroom flats situated on first and second floor levels. The flats require refurbishment and upgrading.
There is secure gated parking for approximately 10 vehicles to the rear of the property accessed from Summer Street. There is also plentiful on street parking in the immediate vicinity and Chapel Street Car Park.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The former ASPC has a retail frontage on to Chapel Street with further open plan space at first floor. The second floor accommodation is largely cellular. Accessed via a separate entrance off Chapel Street here are four one-bedroom flats situated on first and second floor levels. The flats require refurbishment and upgrading.
There is secure gated parking for approximately 10 vehicles to the rear of the property accessed from Summer Street. There is also plentiful on street parking in the immediate vicinity and Chapel Street Car Park.
VAT
VAT is not applicable to this lot.
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
Retail Office Office
465.65 446.45 202.23
(5,012) (4,806) (2,177)
VACANT POSSESSION
First Attic
Residential Residential
85.50 95.93
(920) (1,032)
Total
1,295.77
(13,947)
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.
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