26-38 Union Street, Aberdeen, Aberdeenshire, AB10

Substantial Residential / Student Development
City Centre Location
Shell Condition
V.A.T. Free
39,733sq ft
Price: o/o £290,000

Location

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.

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 city of Aberdeen is the main business and enterprise hub in the North East of Scotland approximately 65miles North of Dundee with extensive investment in education and enterprise. The city has a population of 197,000 with further catchment of 200,000 in Aberdeenshire.

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

Property

The property comprises the upper floors, basement and part ground floor of two highly attractive buildings with an approximate floor area of 3,691.25sqm (39,733sq 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.

Area

26-30 Union Street

Ground: 81sqm (872sq ft)
Basement: 232.25sqm (2,500sq ft)
First: 468sqm (5,038sq ft)
Second: 368sqm (3,961sq ft)
Third: 375sqm (4,036sq ft)
Fourth: 140sqm (1,507sq ft)

32-38 Union Street

Basement: 475sqm (5,113sq ft)
Second: 390sqm (4,198sq ft)
Third: 390sqm (4,198sq ft)
Fourth: 386sqm (4,155sq ft)
Fifth: 386sqm (4,155sq ft)

Total: 3,691.28sqm (39,733sq ft)


Sale

The property is available on a freehold basis for offers over £290,000

V.A.T.

The property has not been elected for V.A.T.

E.P.C

Available on request

Title

Available on request

Legal

Each party shall bear their own legal costs incurred in the transaction

Viewing

Whilst it is a good idea to visit a trading business that is being marketed for sale as a customer before making a formal viewing, it is vitally important that such visits are carried out confidentially and that no approach is made to the staff, operators or customers of the business.
Many investments are being marketed confidentially and the staff and locals may not know that the property is on the market, therefore a casual approach can adversely affect the business.

Anti-Money Laundering

In order to comply with anti-money laundering legislation, the successful purchaser / tenant will be required to provide certain identification documents. The required documents will be confirmed to and requested at the relevant time.