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City Centre Development Opportunity, 26-38 Union Street, Aberdeen, AB10 1BD

39,733 Sq Ft / Retail / Mixed Use

For Sale

Available - Last updated: 26 June 2024

The property comprises the upper floors, basement and part ground floor of two highly attractive buildings with an approximate floor area of 3,691.25 sq m (39,733 sq ft). The buildings are linked by a corridor at third floor level over St Catherine's Wynd.

Internally, the property is finished to a shell specification with open plan configuration and suitable for a range of uses including residential, student accommodation, hotel and leisure subject to obtaining the necessary consents.

Location

Union Street is located in the heart of Aberdeen city centre. The street connects the north of the city with the south towards the railway and bus stations, Union Square Shopping Centre and road connections to the A90 south. The property is prominently situated on the north side of Union Street at its junction with Broad Street close to the Bon Accord and St Nicholas Shopping Centre.

Nearby occupiers include Vue Cinema, Marks & Spencer, Brewdog, JD Wetherspoon, Sports Direct and Costa.

Accommodation

26-30 Union Street

Ground Floor - 81.00 sq m (872 sq ft)

Basement - 232.5 sq m (2,500 sq ft)

First Floor - 468.00 sq m (5,038 sq ft)

Second Floor - 368.00 sq m (3,961 sq ft)

Third Floor - 375.00 sq m (4,036 sq ft)

Fourth Floor - 140.00 sq m (1,507 sq ft)

32-38 Union Street

Basement - 475.00 sq m (5,113 sq ft)

Second Floor - 390.00 sq m (4,198 sq ft)

Third Floor - 390.00 sq m (4,198 sq ft)

Fourth Floor - 386.00 sq m (4,155 sq ft)

Fifth Floor - 386.00 sq m (4,155 sq ft)

TOTAL - 3,691.28 sq m (39,733 sq ft)

Terms

Price - Offers invited.

Rates - Currently the premises are listed as ‘under construction’ and therefore no rates are payable.

EPC - On application

Legal Costs - Each party to be responsible for their own legal and professional costs incurred in this transaction. For the avoidance of doubt the ingoing tenant will be responsible for Land & Buildings Transaction Tax (LBTT), registration dues and any VAT payable thereon.

Specification

  • Former Esslemont & Macintosh Department Store
  • Prime location in Aberdeen City Centre
  • Total Area: approx. 39,733 sqft
  • Substantial residential or commercial re-development opportunity

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Offers Invited For Sale Freehold NA NA

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Contact agents

Andrew Britton

Britton Property

0141 432 0180

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