23/25 Crown Terrace

23/25 Crown Terrace
£ on application

Published on May 19, 2015

Building:
23-25
Address:
Crown Terrace
Postcode / City:
AB11 6HD Aberdeen
Type:
FOR SALE/TO LET
Info PDF:
Download
Square Feet:
9,652

Description

SERVICED APARTMENT BLOCK

The property comprises an end terrace building arranged over three floors of granite construction with a slate covered roof.

LOCATION

The property is located between Crown Terrace and Bridge Street approximately 150 metres (164 yards) south of Union Street Aberdeen’s principal shopping thoroughfare. Union Square Shopping Centre and the main bus and railway stations are situated 150 metres (164 yards) to the east.

Aberdeen is Scotland’s third city and boasts one of the most buoyant economies within the UK and is known as The Oil Capital of Europe.

ACCOMMODATION

On conversion the following accommodation will be provided:

                                                         Gross Internal Areas

Lower Ground Floor
(2nd Floor to Bridge Street)
8 self-contained apartments
each comprising of living room/
kitchen, bedroom and
shower room, bin store
and 5 no. double
cycle store                                       337.2 m2 (3,360 sq ft)                                          

Ground Floor
Entrance                                          14.4 m2 (155 sq ft)

Upper Ground Floor
3rd Floor to Bridge Street)
8 self-contained apartments
each comprising of living
room/kitchen, bedroom
and shower room and
5 no. double cycle store                   337.2 m2 (3,360 sq ft)    

First Floor
(4th Floor to Bridge Street)
5 self-contained apartments
each comprising of living
room/kitchen, bedroom and
shower room, 5 no.
double cycle store and
1 self-contained apartment
comprising of living room/
kitchen, bedroom and
bathroom                                         258.1 m2 (2,777 sq ft)                                 

Total                                                946.9 m2 (9,652 ft)                 
                                                                                                               

 

SERVICES

All main services are available.

PLANS & SPECIFICATION

Copies of the plans and outline specification can be made available to genuinely interested parties on request.

GROUND TENURE

Freehold.

PROPOSAL

Our clients are flexible in their approach to the proposed development and would consider the following options:

 1. A sale of the freehold either before or on completion of the development.

2. A lease of the property on completion of the development on a specification to be agreed.

3. A lease of the building in its existing condition with the tenant undertaking the development costs but at a reduced rental.

LEASE TERMS

The property is offered on a standard full repairing and insuring lease incorporating regular reviews.

PRICE/RENTAL

On request.

VAT

All figures quoted are exclusive of Value Added Tax.

EPC

The property has an EPC rating of G.

ENTRY

By arrangement.

PLANNING PERMISSION

Conditional planning permission was granted for a change of use to form 22 no. service flats on 4th February 2105 subject to conditions. Copies of the planning approval can be provided to genuinely interested parties on request.

OFFERS & VIEWINGS

All offers should be submitted in writing to the sole agents who will also make arrangements to view.

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