Frmr Primary School, Victoria Road, Aberdeen, Aberdeenshire, AB11

Former Victoria Road Primary School, Victoria Road, Aberdeen AB11 9NT

Aberdeen City
Substantial Development Site
Conversion To Residential / Commercial
31,035sq ft
Site Area: 1.97Ac
Price: o/o £275,000


Location

The subjects are situated on the north side of Victoria Road in a mixed commercial/residential area and lie approx one mile south of the city centre.

The subjects are contained within the city of Aberdeen which is the third largest city in Scotland
having a population of c.200,000. Aberdeen lies some 115 miles north of Edinburgh and 145 miles
north-east of Glasgow. Since the early-1970s, the city has been the European capital for the North
Sea oil and gas exploration and production industry and is a major hub in the global energy sector.

Property

The subjects comprise the former Victoria Road Primary School which opened in 1878 but closed
in c.2008. The buildings are primarily constructed of granite walls and have a series of pitched
and slated roofs. Due to health and safety concerns, no internal inspection of the property has been undertaken as the buildings have lain vacant for several years.

The site is regular in shape, although it does slope downwards south-to-north and we calculate
that it extends to 0.80 ha. (1.97 acres) or thereby.
As at the date of our inspection, the property was found to be in a very poor state of repair being
dilapidated, vandalised and fire damaged. Accordingly, either the buildings require to be demolished or, if retained, extensive refurbishment/modernisation is required.

Area

The subjects extend to a gross internal area of 31,035sq ft with a plot size of 1.97Ac

Sale

The property is available on a freehold basis for o/o £275,000

V.A.T

We have been verbally advised the transaction will not be subject to V.A.T

Legal Costs

Each party will be responsible for paying their own legal costs incurred in this transaction.

Anti Money Laundering

TSA Property Consultants are regulated by HMRC in its compliance with the UK Money Laundering under the 5th Directive of the Money Laundering Regulations, effective from 10th January 2020, the agents are required to undertake due diligence on interested parties.