City centre townhouse investment overlooking Bon Accord Gardens Aberdein Considine Lawyers Head Office
New 10 year lease (2)
Future development opportunity (subject to planning)
Extensive site with 25 car parking spaces
Lot 25
Auction 24th October 2019
Rent
Status Withdrawn Prior
Price
Sector Office
Auction Venue The Montcalm Hotel 2 Wallenberg Place London W1H 7TN
Property Information
Location
Miles
67 miles north-east of Dundee
Roads
A90, A96
Rail
Aberdeen Railway Station
Air
Aberdeen Airport
Situation
Aberdeen is the third largest city in Scotland, known globally as a hub for the oil and gas sector. The city has a population of 230,000 and alongside the energy industries, Aberdeen is home to two universities. Bon Accord Crescent is an established office location close to Union Street and Aberdeen Railway Station. Neighbouring occupiers include professional, IT and financial companies.
Tenure
Heritable. (Scottish equivalent of English Freehold)
Location
Miles
67 miles north-east of Dundee
Roads
A90, A96
Rail
Aberdeen Railway Station
Air
Aberdeen Airport
Situation
Aberdeen is the third largest city in Scotland, known globally as a hub for the oil and gas sector. The city has a population of 230,000 and alongside the energy industries, Aberdeen is home to two universities. Bon Accord Crescent is an established office location close to Union Street and Aberdeen Railway Station. Neighbouring occupiers include professional, IT and financial companies.
Tenure
Heritable. (Scottish equivalent of English Freehold)
Description
The property comprises two mid terrace townhouses, both planned over basement, ground and two upper floors. The properties are interconnected. There is a private 25 space car park at the rear accessed via Bon Accord Crescent Lane.
VAT
VAT is not applicable to this lot.
Viewings
Please contact Mhairi Jarvis on 0771 8899341
EPC
See legal pack at www.acuitus.co.uk
Description
The property comprises two mid terrace townhouses, both planned over basement, ground and two upper floors. The properties are interconnected. There is a private 25 space car park at the rear accessed via Bon Accord Crescent Lane.
VAT
VAT is not applicable to this lot.
Viewings
Please contact Mhairi Jarvis on 0771 8899341
EPC
See legal pack at www.acuitus.co.uk
Tenancy & Accommodation
Address
Floor
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Review/Reversion
8 Bon Accord Crescent
Basement Ground First Second
35.51 sq m 89.21 sq m 70.53 sq m 54.76 sq m
(382 sq ft) (960 sq ft) (759 sq ft) (589 sq ft)
THE FIRM OF ABERDEIN CONSIDINE AND COMPANY (1) (4)
29/03/2019 to 31/12/2029 (2) (3)
£105,000
01/01/2024
9 Bon Accord Crescent
Basement Ground First Second
73.67 sq m 88.69 sq m 84.67 sq m 76.50 sq m
(793 sq ft) (954 sq ft) (911 sq ft) (823 sq ft)
Total
573.53 sq m
(6,171 sq ft)
£105,000
(1) Aberdein Considine is a law firm with 19 offices across Scotland and the North of England and more than 450 staff. They are Scotland's largest estate and leasing agent with a national network of high street branches, including in the key cities of Aberdeen, Edinburgh, Glasgow, Perth and Stirling. Aberdein Considine is a partnership made up of 30 partners. For further information please see www.acandco.com. (2) There is a tenant break option on 31/12/2023. (3) The lease is full repairing and insuring subject to a schedule of condition. (4) The Firm of Aberdein Considine and Company occupies the property as its head office, which also includes the adjacent buildings at 5, 6 and 7 Bon Accord Crescent which they owner occupy. There is a pre-emption right held by the seller regarding 5, 6 and 7 Bon Accord Crescent that can be transferred to a purchaser. The details of the pre-emption can be found in the legal pack.