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AUCTION DATE: 7TH SEPTEMBER 2023 AT 2:30PM, 345 & 361 North Deeside Road, Aberdeen, AB15 9SX

1,441 Sq Ft / Offices / Investment

Withdrawn - Last updated: 27 October 2023

**FOR SALE BY LIVE STREAMED ONLINE AUCTION**

345 NORTH DEESIDE ROAD – 4 FLATS

The subjects form the first floor and attic levels of a larger building, the ground floor of which forms a retail unit trading as a Sainsbury's local store. The building is of stone construction and has pitched and slated roof over incorporating dormers to the front and rear elevations.  Access into the property is via the rear elevation.

Internally the propert yprovides 4 flats – 2 at first floor and 2 at attic level.  The units provide the following accommodation:

Flat A - Hallway, Lounge, Kitchen, Bedroom, Box Room & Bathroom.

Flat B - Hallway, Lounge, Dining Kitchen,three Bedrooms and Shower Room.

Flat C - Hallway, Lounge, Kitchen, Bedroom and Shower Room.

Flat D - Hallway, Lounge, Kitchen, Bedroom and Shower Room.

361 NORTH DEESIDE ROAD – 2 FLATS

The subjects form the first floor and attic levels of a larger building, the ground floor of which forms a retail unit trading as a Lloyds Pharmacy. The building is of pointed stone construction and has a pitched slated roof incorporating a large dormer to the rear elevation.  Access into the property is via a wide passage way to the rear elevation.

Internally the property provides 2 flats – one at first floor and a larger maisonette over both first and attic levels.  The units provide the following accommodation:

Flat A - Hallway, Lounge, Kitchen, Bedroom, & Shower Room.

Flat B - Hallway, Lounge, Kitchen & Bathroom at first and two Bedrooms at attic.

SELF CONTAINED OFFICE PREMISES - The office accommodation is arranged over the first floor and accessed from North Deeside Road.

The floors are a mix of concrete and timber with various floor coverings while walls are a mix of plastered on the hard and plasterboard. The space is split to provide a range of large and small offices and storage areas along with male and female WC’s and a staff canteen area. Natural light is provided by timber, single glazed windows to the front and upvc, double glazed windows to the rear.

Location

Cults is a highly desirable, picturesque suburb of Aberdeen which lies just 4 miles west of the city centre on Lower Deeside.  Cults has achieved a reputation as one of the most sought after residential areas of Aberdeen.  Locally, there is a primary school and an award winning secondary school.  The International School is also situated nearby at Pitfodels.  Robert Gordon University is located approximately 1.5 miles to the east.

Cults allows easy commuting to the City Centre, Aberdeen Airport, Dyce and Westhill via North Deeside Road (A93) itself which also connects the location to Royal Deeside, Bieldside, Miltimber and Peterculter.

The location benefits from easy access to the Aberdeen Western Peripher yRoute (AWPR) which is just 3miles to the west of the subjects.

The premises are located at the junction where North Deeside Road meets Kirk Brae and St Devenicks Place. The area is well served by a number of commercial occupiers to include Subway, Costa, Lloyds Pharmacy, Sainsburys and Tesco.

Accommodation

345 North Deeside Road

Flat A –1 bedroom - 68 sq m (732 sq ft)

Flat B –3 bedroom - 88 sq m (947 sq ft)

Flat C –1 bedroom - 56 sq m (603 sq ft)

Flat D –1 bedroom - 55 sq m (592 sq ft)

The above floor areas have been calculated on a Gross Internal Floor Area basis in accordance with the RICS Code of Measuring Practice (6th Edition).

361 North Deeside Road

Flat A –1 bedroom - 47 sq m (506 sq ft)

Flat B –2 bedroom - 96 sq m (1,033 sq ft)

The above floor areas have been calculated on a Gross Internal Floor Area basis in accordance with the RICS Code of Measuring Practice (6th Edition).

First Floor – Office - 133.86 sq m (1,441 sq ft)

The above floor areas have been calculated on a Net Internal Floor Area basis in accordance with the RICS Code of Measuring Practice (6th Edition).

Terms

DEVELOPMENT OPPORTUNITY - The premises are currently utilised for office use, however, the premises provide an opportunity for conversion to residential. Floor plans have been produced to show the redevelopment to two flats as follows:

Flat 1 – 87.5 sqm, 2 bed

Flat 2 – 76.1 sqm, 2 bed

No planning application has been made in this respect and a purchaser should satisfy themselves in respect of obtaining the necessary consent for conversion of the premises.

TENANCY DETAILS - The below flats are currently let:

345 B North Deeside Road - £746.75 pcm

345 D North Deeside Road - £515 pcm

361B North Deeside Road - £XXXcm

The above provides a total annum income of £23,175

Further details are available in the legal pack.

RATEABLE VALUE - The Office premises are currently entered into the Valuation Roll at a Rateable Value of £11,500 from 1st April 2023.

An incoming occupier shall have the opportunity to appeal this figure.

ENERGY PERFORMANCE CERTIFICATE - The subjects have current Energy Performance Ratings as follows with further information available upon request:

First Floor – Office - G

345 North Deeside Road

Flat A - D
Flat B - D
Flat C - E
Flat D - E

361 North Deeside Road

Flat A - E

FOR SALE BY UNCONDITIONAL ONLINE AUCTION - www.shepherd.co.uk/commercial-auctions

Buyers will be required to pre-register prior to approval of their bid.

DEPOSIT - At the end of the auction, if the reserve price has been met, a 10% deposit will be payable.

RESERVE PRICE - The reserve price is the minimum price for which the property can be sold and is confidential between the auctioneer and the vendor and cannot be disclosed.

If the reserve price isn’t met, the property will remain unsold. You can contact our team and at this point you’ll be able to make an offer which will be referred to the sellers for their consideration.

GUIDE PRICE - Properties advertised with a guide price is within 10% above or below the reserve price when a single figure is stated.

If the guide price is a bracket figure, the reserve price cannot exceed the top end of the bracket price.

BUYER FEES - Details of the buyer fees associated with this property can be found on the individual property page.

LEGAL PACK - The legal packs are available to view online.

VAT - All figures quoted are exclusive of VAT.

Specification

  • GUIDE PRICE - £460,000
  • 6 FLATS PLUS OFFICE PREMISES
  • OPPORTUNITY TO ADD VALUE
  • POPULAR LOCATION WITHINTHE AFFLUENT AREA OF CULTS
  • SELF CONTAINEDOFFICE – 133.86SQ.M (1,441 SQ.FT)


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