College Street, Aberdeen, Aberdeenshire, AB11

Location
This iconic office building is ideally situated on College Street within close proximity to Aberdeen's main Train and Bus Stations. The property adjoins the city's premium retail and leisure destination Union Square. Aberdeen's main thoroughfare Union Street is located within close proximity to the building.
Leonardo, Travelodge and Douglas Hotels are within walking distance. Neighbouring office occupiers include Three60Energy, Neptune Energy, EnQuest, Worley, Petrofac and PD&MS.

Description
The prominent New Telecom House comprises of the following specification:

Unrivalled 360 city and harbour views

Versatile open-plan floor layouts (5,790 sq ft to 7,176 sq ft)

Carpeted concrete floors

Suspended ceilings with fluorescent lighting

Perimeter heating, air handling, and comfort cooling (in part)

3 passenger lifts

Male & Female WC's on each floor

Car Parking
The property benefits from a total of 56 car parking spaces with approximately 22 spaces available to the front and rear of the subjects. The remaining 34 spaces are held within level 4 of the adjacent multi storey car park. Further information is available on request.

Accommodation
11th 807
10th 7,124
9th 7,148
8th 7,148
7th 7,131
6th 7,064
5th 7,142
4th 7,144
3rd 7,144
2nd 7,120
1st 7,176
Gnd 5,790
Total 77,938

Tenure
Heritable Interest (Scottish equivalent of English Freehold).

Pricing
We are seeking offers in excess of £2,000,000 (TWO MILLION POUNDS), exclusive of VAT for our clients Heritable Interest (Scottish equivalent of English Freehold).

Rateable Value
The property is currently entered into the assessors roll at a value of £677,000 as of 1st April 2023.

VAT
We understand the property has been elected for VAT purposes and therefore VAT will be payable on the purchase price.

Legal Costs
Each party will be responsible for their own legal costs in relation with the transaction.

Energy Performance Certificate
The property has an EPC rating of C+, full documentation can be made available to interested parties upon request.

Anti-Money Laundering
In accordance with both HMRC and RICS guidance, we as property agents are obliged to undertake AML on both our clients and any counterparty to a transaction. Accordingly, personal, and or detailed financial and corporate information will be required prior to any transaction concluding.