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181 Union Street, Aberdeen AB11 6BB


For Sale

£1,250,000

21,519 Square Feet

  • Mixed Use Development/Investment Opportunity
  • Ground Floor Retail Units - Part Let
  • Retail Unit - FRI lease to Coral Racing Limited
  • Self- Contained Office Suites
  • 18 car parking spaces in secure car park
  • Total NIA - 1,995.58 sq.m (21,519 sq.ft) approx.

The subjects comprise two ground floor retail units with self-contained offices suites situated above, within a mid-terraced block fronting Union Street, with a large secure car park at sub-basement level. The front elevation of the three storey, basement and attic building, is Category ‘B’ listed, constructed from traditional granite leaf with the remaining elevations constructed from reconstituted granite concrete blockwork. The roof is of mansard design with a mixture of slate and felt covering, with the subject benefitting from a combination of aluminium and PVC framed double glazed windows throughout. The retail accommodation, comprise two units, one of which is currently leased to Coral Racing Limited, on a FRI lease, with the other unit vacant. The subjects benefit from glazed entrance doors with full width display windows and signage above. The units offer open plan retail space, with separate storage and toilet facilities to the rear. The office accommodation is arranged over the first, second and third floors and is served by a main entrance from Union Street with security entry. An eight-person lift, again with security entry, provides access to all upper floors. The office suite on Windmill Brae has designated access from the street. Access to the car park is via a pend from Windmill Brae and comprises a total of 18 single car spaces, along with plant and store areas. The office accommodation provides a mixture of open plan and cellular offices throughout, with kitchen and toilet facilities. The self-contained office suite on Windmill Brae is open plan and has recently been refurbished to a high standard. The subjects benefit from suspended ceilings with recessed fluorescent light fittings, gas fuelled central heating, carpet flooring and perimeter trunking in part. It is recognised that whilst the building could be re-occupied for office use it is more likely that the building will be redeveloped for residential use.