St Mary's Court Huntly Street Aberdeen AB10 1TH

  • St Mary's Court<br>Huntly Street<br>Aberdeen<br>AB10 1TH

St Mary's Court
Huntly Street
Aberdeen
AB10 1TH

High Yielding Heritable Investment and Development Opportunity

  • Centrally located off Union Street in an established office location
  • Modern courtyard office development
  • 8 private parking spaces accessed from Union Wynd
  • Total accommodation of approximately 12,119 sq. ft. (1,125.88 sq. m.)
  • Active management opportunities and potential alternative uses including education and residential (subject to planning)
  • Lot
    45
  • Auction
    15th May 2025
  • Rent
    £67,860 per Annum Exclusive
    Plus 7,739 sq ft vacant
  • Status
    Available
  • Guide*
    £225,000 - £250,000
  • Auction Venue
    Live Streamed Auction
  • Octopus Bridging Loan for Buyers
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High Yielding Heritable Investment and Development Opportunity

  • Centrally located off Union Street in an established office location
  • Modern courtyard office development
  • 8 private parking spaces accessed from Union Wynd
  • Total accommodation of approximately 12,119 sq. ft. (1,125.88 sq. m.)
  • Active management opportunities and potential alternative uses including education and residential (subject to planning)
  • Lot 45
  • Auction 15th May 2025
  • Rent £67,860 per Annum Exclusive Plus 7,739 sq ft vacant
  • Status Available
  • Guide* £225,000 - £250,000
  • Sector
    Office, Development
  • 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

Located on the west side of Huntly Street, the property benefits from frontages onto both Huntly Street and Union Wynd. The immediate area provides a mix of commercial and residential occupiers. Union Street is close by and office occupiers nearby include Dana Petroleum, Proactis and Deloitte PLC.

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

Located on the west side of Huntly Street, the property benefits from frontages onto both Huntly Street and Union Wynd. The immediate area provides a mix of commercial and residential occupiers. Union Street is close by and office occupiers nearby include Dana Petroleum, Proactis and Deloitte PLC.

Tenure

Heritable.

Description

The property comprises a courtyard office development with a secure private car park for 8 cars. The accommodation is planned over ground and first floors and provides modern open plan office space. There are comfort cooling units installed to most of the offices.

VAT

VAT is applicable to this lot.

Planning

In the current Local Development Plan the property is located in a mixed use area with the surrounding area contains a broad mix of uses including residential flats. A proposed conversion to this use would be compatible (subject to Planning consent). The ongoing affordable housing waiver in the city centre (available for planning applications lodged before 31st December 2025) should assist with the viability of a residential conversion at this time. Interest parties should make their own enquiries with Aberdeen City Council Planning Department.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a courtyard office development with a secure private car park for 8 cars. The accommodation is planned over ground and first floors and provides modern open plan office space. There are comfort cooling units installed to most of the offices.

VAT

VAT is applicable to this lot.

Planning

In the current Local Development Plan the property is located in a mixed use area with the surrounding area contains a broad mix of uses including residential flats. A proposed conversion to this use would be compatible (subject to Planning consent). The ongoing affordable housing waiver in the city centre (available for planning applications lodged before 31st December 2025) should assist with the viability of a residential conversion at this time. Interest parties should make their own enquiries with Aberdeen City Council Planning Department.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Address Use Floor Areas
Approx sq m
Floor Areas
Approx sq ft
Tenant Term Rent p.a.x.
47 St Marys Court Office
129.51
(1,394)
VACANT    
47 A/B St Marys Court Office
288.00
(3,100)
VACANT    
47C St Marys Court Office
176.51
(1,900)
VACANT    
49 St Marys Court Office
406.91
(4,380)
FIFTH RING LIMITED
(1)
15 years from 27/04/2012
£67,860
49C St Marys Court Office
124.95
(1,345)
VACANT    
Total  
1,125.88
(12,119)
   
£67,860

(1) The lease provides for a mutual option to terminate at any time upon serving 6 months prior notice.

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.

Contacts

Acuitus
Mhairi ArchibaldMhairi Archibald +44 (0)7718 899 341 Mhairi.archibald@acuitus.co.uk
Jon SkerryJon Skerry +44 (0)20 7034 4863 +44 (0)7736 300 594jon.skerry@acuitus.co.uk
Associate Auctioneers
The Silver Fin Building, 455 Union Street
Aberdeen
AB11 6DB
Mark Halliday 01224 060340 07872181271mark.halliday@halliday-co.com
Seller's Solicitors
Burness Paull LLP 2 Marischal Square Broad Street
Aberdeen
AB10 1DQ
Stuart Gardiner 01224 618552stuart.gardiner@burnesspaull.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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