3 Queens Terrace Aberdeen AB10 1XL

  • 3 Queens Terrace<br>Aberdeen<br>AB10 1XL

3 Queens Terrace
Aberdeen
AB10 1XL

Heritable Office Building with Development Potential (Subject to Planning)

  • Well Located in the West End of Aberdeen
  • Traditional Office Building with Nearby Occupiers including Stronachs, Genesis Energies, Hall Morrice LLP
  • Potential Residential Redevelopment Opportunity (Subject to Planning)
  • B Listed Building
  • Lot
    44
  • Auction
    9th May 2024
  • Vacant Possession
  • Status
    Available
  • Guide*
    Contact Us
  • Auction Venue
    Live Streamed Auction
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Heritable Office Building with Development Potential (Subject to Planning)

  • Well Located in the West End of Aberdeen
  • Traditional Office Building with Nearby Occupiers including Stronachs, Genesis Energies, Hall Morrice LLP
  • Potential Residential Redevelopment Opportunity (Subject to Planning)
  • B Listed Building
  • Lot 44
  • Auction 9th May 2024
  • Vacant Possession
  • Status Available
  • Guide* Contact Us
  • Sector
    Office
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
67 miles north of Dundee
Roads
A90, A96
Rail
Aberdeen (2 hours 25 minutes to Edinburgh Waverley)
Air
Aberdeen Airport (6 miles west)
Situation

Queen’s Terrace is located in the heart of the West End office district on the north side of Queen’s Terrace, providing views over Queen’s Terrace Gardens. Set back from Albyn Place, Queen’s Terrace is located within the Albyn Place / Rubislaw Conservation Area.
Queen's Terrace is located close to the western end of Union Street and within 1 mile of Aberdeen train and bus stations.

Tenure

Heritable.

Location
Miles
67 miles north of Dundee
Roads
A90, A96
Rail
Aberdeen (2 hours 25 minutes to Edinburgh Waverley)
Air
Aberdeen Airport (6 miles west)
Situation

Queen’s Terrace is located in the heart of the West End office district on the north side of Queen’s Terrace, providing views over Queen’s Terrace Gardens. Set back from Albyn Place, Queen’s Terrace is located within the Albyn Place / Rubislaw Conservation Area.
Queen's Terrace is located close to the western end of Union Street and within 1 mile of Aberdeen train and bus stations.

Tenure

Heritable.

Description

3 Queen's Terrace is a traditional mid terrace granite townhouse building. The property is planned over four floor and has been extended to the rear and provides large open plan offices but with cellular offices to the front of the property. The property benefits from a passenger lift and is currently linked at ground and first floor levels with 2 Queen's Terrace, which is also being offered for sale separately as Lot 43.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

3 Queen's Terrace is a traditional mid terrace granite townhouse building. The property is planned over four floor and has been extended to the rear and provides large open plan offices but with cellular offices to the front of the property. The property benefits from a passenger lift and is currently linked at ground and first floor levels with 2 Queen's Terrace, which is also being offered for sale separately as Lot 43.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas
Approx sq m
Floor Areas
Approx sq ft
Tenant Term Rent p.a.x. Rent Review
Basement
Ground
First
Second
Office
Office
Office
Office
276.45
261.67
268.69
253.00
(2,976)
(2,817)
(2,892)
(2,723)
       
Total  
1,059.81
(11,408)
       

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Contacts

Acuitus
Alexander AuteracAlexander Auterac +44 (0)20 7034 4859 +44 (0)7713 135 034alexander.auterac@acuitus.co.uk
Seller's Solicitors
Holmes MacKillop 109 Douglas Street
Glasgow
G2 4hb
Amir Ismail 0141 226 4942aismail@homack.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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Guide

The guide is an indication of the minimum price at which the seller may be prepared to sell at the date the guide is published.  If a guide range is provided, it represents a price bracket within which the seller may consider selling.  The guide may be subject to change up to the time of the auction.

The guide does not include either VAT which may apply to the sale or other amounts the seller may charge. The seller’s Special Conditions of Sale and addendum if any, will state whether there are other seller’s charges and whether the seller has elected to charge VAT on the sale price.

Reserve

The reserve is the minimum price acceptable to the seller and the price below which the auctioneer cannot sell. The reserve may be subject to change up to the time of the auction.

Price

This is the price at which the property is sold.

Yield

Guide yield – The rent reserved divided by the guide.

Sale price yield – The rent reserved divided by the sale price plus standard purchaser’s costs including stamp duty.

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