The subjects comprise various office suites arranged over the ground, first, second and fourth floors of a multitenanted modern building. Access to the building is by means of a communal entrance from Union Terrace where two 8 person passenger lifts give access to all floors. The common areas have recently been comprehensively refurbished, with works including the provision of bike storage and shower facilities within the basement.
Each suite provides open plan accommodation, with staff toilet facilities located within the common areas of the building. The floors within the suites are of suspended or solid concrete with carpet tile finishes. The ceilings are of a suspended mineral tile design incorporating PIR LED fitments. Each suite also benefits from an air conditioning system that provides heating and cooling via a central building managed system. The ground floor suite benefits from independent access from Union Terrace and would be ideally suited for use as a small café/restaurant or coffee shop, subject to securing necessary local authority consents.
( Agency Pilot Software ref: 3374 )
Location
The subjects are located on the west side of Union Terrace, close to its junction with Union Street within the heart of Aberdeen City Centre. The building enjoys a prime position overlooking the Union Terrace Gardens which opened in late December 2022 following a £28 million redevelopment and regeneration program, transforming the Victorian Park into an inclusive 21st century space with improved access, activity and amenity whilst enhancing its heritage features. The design includes three pavilions (on Union Street, Union Terrace and Rosemount Viaduct, of which is currently occupied by Common Sense Coffee House & Bar), a walkway from Union Street, landscaping and lighting, and the refurbishment of the Union Terrace arches.
Accommodation
218.35 Sq m (2,850 sq ft) to 310.67 Sq m (3,344 sq ft)
Terms
LEASE TERMS The suites are available to let on new full repairing and insuring leases.
RENT On application.
RATEABLE VALUE The subjects are entered in the Valuation Roll with Rateable Values, effective from 01 April 2017, and Draft Ratable Values, effective from 01 April 2023, (albeit these figures remain subject to change) as follows: 01 April 2017 01 April 2023 Basement £22,500 (est.) £15,000 (est.) Ground £48,500 £35,750 First £57,500 £42,250 Second £59,000 £43,500 Fourth £58,500 £43,250 Car Parking (per space) £1,300 £750
The suites are understood to be eligible for Fresh Start Relief which can provide 100% rates relief for up to 12 months following occupation of a vacant suite. Further information can be obtained from Aberdeen City Council’s Non Domestic Rates Team or https://www.aberdeencity.gov.uk/services/ business-and-licensing/fresh-start-relief
EPC Ground D First D Second D Fourth D A copy of the EPC and Recommendations Report can be made available upon request.
SERVICE CHARGE A service charge will be payable for the upkeep and maintenance of the internal and external common parts of the building. Details of the service charge can be provided upon request
Specification
- High specification open plan accommodation
- Unrivalled views over Union Terrace Gardens
- Competitive rent
- Ground floor suite may be suitable for café/restaurant or coffee shop use (subject to planning)