Aberdeen business centre to be sold at auction

19/10/2023

A heritable harbourside business centre in Aberdeen comprising five buildings is to be sold at the upcoming Acuitus commercial property auction on November 2nd.

THE 74,888-sq ft property is situated on the north side of Waterloo Quay and comprises former warehouse buildings which have been redeveloped into office, storage, light industrial, and leisure space. The complex as a whole currently produces £443,528 in gross annual income and has a guide price of £1.125m.

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Mhairi Archibald, Acuitus Scottish Consultant, comments: “This property sits prominently within Aberdeen’s prime harbourside district. The property is let to numerous tenants across the complex but there are currently vacant areas within the property providing opportunities to increase future rental income.”

The auction also includes the sale of a former bank with two flats above at 17-19 Union Terrace. It is being offered with vacant possession and a guide price of £500,000.

The Acuitus auction will take place on November 2nd at 1pm and will be broadcast via livestream on the Acuitus website with bidding online, by telephone and by proxy. Further details here

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