35 & 36 Albyn Place

35 & 36 Albyn Place
£ 1,750,000

Published on July 31, 2019

Building:
35 & 36 Albyn Place
Address:
Albyn Place
Postcode / City:
AB10 1YN Aberdeen
Type:
FOR SALE
Info PDF:
Download
Square Feet:
5,810

Description

FOR SALE INVESTMENT OPPORTUNITY WITH DEVELOPMENT POTENTIAL

The property comprises 2 semi-detached two storey semi basement and attic office buildings of granite construction with a pitched and slate covered roof.

Car parking for 6 vehicles for each building is provided to the front finished in tarmacadam with access from Albyn Place.

Additional car parking also finished in tarmacadam is provided to the rear of the site with access from Albyn Lane providing 11 car parking spaces per building. Accordingly a total of 34 spaces are provided between the two buildings.

There is also one double and one single garage located at the rear of the site with direct access from Albyn Lane.

The total site area extends to 0.25 hectare (0.64 acre) or thereby.

LOCATION

The property is situated within a prime position in Aberdeen’s west end approximately ¼ mile west of Union Street Aberdeen’s principal shopping thoroughfare.

Aberdeen is Scotland’s third city and is known as the oil capital of Europe with a population in the region of 230,000 and has one of the strongest economies in the UK.

ACCOMMODATION

The accommodation which has been refurbished to a high is as follows;

 

Net Internal Areas

No.35
Lower Ground Floor
3 offices; toilet; storage                                     

 

50.91 sq m (548 sq ft)

Ground Floor 
Entrance vestibule; 2 large offices;
kitchenette; toilet                                               

64.47 sq m (694 sq ft)

First Floor      
4 offices; kitchenette; toilet                                

68.65 sq m (739 sq ft)

Second Floor  
2 offices; storage              

32.89 sq m (354 sq ft)
Sub Total 216.92 sq m (2,335 sq ft)

A further 240 square feet of storage and kitchenette space is included.

 
Total 239.23 sq m (2,575 sq ft)

No.36
Lower Ground Floor
3 offices; toilet; storage   

 

82.04 sq m (883 sq ft)

Ground Floor 
Entrance vestibule; 2 large offices;
kitchenette; toilet 

 

95.60 sq m (1,029 sq ft)

First Floor     
4 offices; kitchenette; toilet   

87.31 sq m (940 sq ft)

Attic
2 offices; storage       

35.56 sq m (383 sq ft)
Total   300.51 sq m (3,235 sq ft)

 

GROUND TENURE

Freehold.

SERVICES

All main services are installed. Heating is by a gas fired radiator heating system.

PLANNING

The property is located within an area zoned for office use with alternative uses such as residential considered on their merits.

Interested parties should satisfy themselves by contacting Aberdeen City Council Planning Department.

EXISTING LEASE

No.36 is currently leased to the Partners of and Trustees for the firm of Campbell Connon Solicitors on FRI terms until 31st July 2027 at a rental of £68,000 per annum with a rent review on 1st January 2022. The rear car park is currently leased to KPMG until 30th March 2020 at a total rental of £33,352 per annum. On expiry a new lease has been granted to Messrs Stronachs LLP until 31st May 2032 for the car parking only excluding the garages at a rental of £27,500 per annum incorporating rent reviews/tenants breaks as at 5 yearly intervals together with a landlords break option in the event of redevelopment.

PRICE

Offers in the region of £1,750,000 are invited. Owner finance available.

VAT

All figures quoted are exclusive of Value Added Tax although the property is not currently opted to tax.

ENTRY

By arrangement.

EPC

Available on request. 

LEGAL COSTS

Each party will be responsible for their own legal costs in connection with the transaction with the purchaser liable for LBTT and registration dues in the normal manner.

OFFERS & VIEWINGS

AB Robb
10b Queen’s Gardens
Aberdeen                                          
AB15 4YD

Contact: Alex Robb
Email: alex@abrobb.com
Tel: 01224 611800


Ryden LLP
25 Albyn Place
Aberdeen
AB10 1YL

Contact: Arron Finnie
Email: arron.finnie@ryden.co.uk
Tel: 01224 588866

 

 

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