Office to rent

The Capitol, Union Street, Aberdeen, AB11 6DA

From £13,464 pcm (£32 per sq. ft.)
5,049 sq. ft.

Property Description

Commercial information

  • 5,049 sq ft (469 sq m)
  • Use class orders: B1 Business

Letting information:

Furnishing: Unfurnished
Letting type: Long term

Key features

  • 3 x 17 person high speed passenger lifts
  • Energy efficient escalators in the foyer to main reception
  • Security card access lift system and CCTV
  • Full metal raised access flooring
  • Perforated metal tile suspended ceiling with 2.7m clear floor to ceiling height
  • Energy efficient LED lighting
  • VRF air conditioning
  • Secure, underground car parking including motorcycle spaces and bicycle racks
  • Dedicated male, female and accessible toilet facilities on each floor
  • Dedicated male, female and accessible changing / locker room with showers

Full description

Tenure: Leasehold, 12 years remaining

LOCATION
The Capitol, which is easily identifiable by its canopied entrance and polished granite frontage, is prominently located on the south side of Union Street in the heart of Aberdeen City Centre. The building's central location offers convenient access to public transport with the City's bus and train stations located within a short walking distance and regular bus services running along Union Street.

Nearby occupiers include PwC, Chrysaor, NEO Energy, Prosafe, Kellas Midstream and Barclays. The surrounding area benefits from a wide selection of amenities including Park Inn by Radisson, Travelodge, Holiday Inn Express, Nuffield Health, Fit & Skin Studio, Tesco Express, Sainsbury's Local, Starbucks and Caffè Nero as well as popular local food and drink operators McGinty's, Grape & Grain, Foodstory and Déjà Vu sandwich bar.

DESCRIPTION & SPECIFICATION
This award winning landmark building, which was formerly a cinema and concert venue, has been meticulously restored offering a strong profile to any in-going occupier. The building provides 74,000 sq ft of multi-let, Grade A office accommodation over seven floors with a grand, Art Deco entrance and reception area.

The building benefits from the following specification:

* 3 x 17 person high speed passenger lifts
* Energy efficient escalators in the foyer to the main reception
* Security card access lift system and CCTV
* Full metal raised access flooring
* Perforated metal tile suspended ceiling with 2.7m clear floor to ceiling height
* Energy efficient LED lighting
* VRF air conditioning
* Secure, underground car parking including motorcycle spaces and bicycle racks
* Dedicated male, female and accessible toilet facilities on each floor
* Dedicated male, female and accessible changing / locker room with showers
* Automatic Building Management System and dedicated on site Building Manager

The available accommodation comprises part of Level 4, known as Level 4 North, which fronts on to Union Street and has stunning views north of the city and east towards the harbor. The accommodation benefits from an existing, high quality fit out which includes a 20 person boardroom and 2x6 person meeting rooms which are located off a bright and welcoming reception and client waiting area. At the rear of the suite is a large, open plan area with 1-2-1 meeting rooms, tea prep and comms room.

Please note all furniture to be removed.

ACCOMMODATION
The accommodation extends to the following approximate floor area:

Level 4 North - 469.07 sq m (5,049 sq ft)

CAR PARKING
5 car parking spaces.

LEASE TERM
The accommodation is held on a Full Repairing and Insuring lease expiring 14 February 2032. It is our client's intention to assign or sub-lease their interest until lease expiry, however, consideration will be given to sub-leases of a shorter duration.

RENT
£161,568 per annum (£32.00 per sq ft), exclusive of VAT. There is provision in the lease for the rent to be reviewed on 15 February 2022 and 15 February 2027.

SERVICE CHARGE
An ingoing occupier will pay a service charge for the maintenance, repair, servicing and management of the internal and external common parts of the building. Current service charge costs can be provided upon request.

RATEABLE VALUE
£109,000, effective 1 April 2017.

EPC
B 17.

VAT
All figures quoted are exclusive of VAT.

ENTRY
On conclusion of legal missives.

LEGAL COSTS
Each party will be responsible for their own legal costs incurred in documenting a transaction.
The ingoing occupier will be responsible for any LBTT and Registration Dues, if applicable.


More information from this agent

Nearest stations

  • Aberdeen (0.4 mi)
  • Dyce (5.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

CBRE Limited (Scotland), Aberdeen

No.1 Albyn Terrace, Aberdeen, AB10 1YP

01224 972017 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

CBRE Limited (Scotland), Aberdeen

No.1 Albyn Terrace, Aberdeen, AB10 1YP

01224 972017 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Aberdeen (0.4 mi)
  • Dyce (5.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

CBRE Limited (Scotland), Aberdeen

No.1 Albyn Terrace, Aberdeen, AB10 1YP

01224 972017 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Permitted payments may apply when renting a property in England or Wales. For more details please go to the Tenancy Info link (alongside the advertised rental price) or contact the agent.

Property reference TheCapitol. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by CBRE Limited (Scotland), Aberdeen.

Please refer to our Renting Guides for further information on how to safely rent a property.

* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on comparethemarket.com. Speed can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.

Map data OpenStreetMap contributors.