Savills has appointed Mhairi Archibald, one of Scotland’s most respected commercial auctioneers, as Associate Director within its UK auctions division. In her first month, she has delivered immediate impact, securing eight diverse new commercial instructions north of the border, spanning retail, hospitality, mixed-use and development properties. These assets reflect the strength of the Scottish market and the growing demand for fast, transparent sales via auction.
The new instructions span key Scottish locations and asset types, underscoring the breadth of demand and opportunity. All seven lots will feature in the upcoming Savills two-day auction event, taking place on 21 and 22 October via live-streamed online sale.
- Click lot 130: 67 The Green, Aberdeen – Guide Price £220,000
A substantial retail unit (over 4,300 sq ft) let to Kenny’s Music until 2029. Positioned between Union Street and Union Square, offering excellent visibility and foot traffic.
- Click Lot 175: Victoria Road School, Aberdeen – Guide Price £150,000
A 1.97-acre former school site with expired residential planning consent. A rare development opportunity in a historic granite building with scope for up to 50 flats.
- Click Lot 275: 181b Union Street, Aberdeen – Guide Price £235,000
A ground floor betting shop let to Coral until 2031, generating £32,400 per annum. Situated on Aberdeen’s busiest retail thoroughfare.
- Click Lot 140:19 Broad Street, Fraserburgh – Guide Price £95,000
A retail unit let to Card Factory until 2029, producing £16,000 per annum. Located in the heart of Fraserburgh’s high street.
- Click Lot 123: 25 Graham Street, Airdrie – Guide Price £140,000
A two-storey retail unit let to Salvation Army Trading Co. Ltd until 2028, generating £20,000 per annum. Located on the town’s main pedestrianised retail parade, surrounded by national brands.
- Click Lot 135: 5–7 Buchanan Street, Airdrie – Guide Price £240,000
A prominent corner unit let to William Hill until 2036, producing £30,000 per annum. Located in a busy town centre with strong footfall and neighbouring occupiers including Boots and Costa.
- Click Lot 283: 15 Bloomgate, Lanark – Guide Price £275,000
The Clydesdale Inn, a historic public house dating back to 1790. Let until 2035 at £36,000 per annum, with ongoing refurbishment of letting rooms and potential for further hospitality use.
Mhairi Archibald, Associate Director, Savills Auctions, said: “Mhairi Archibald, Associate Director, Savills Auctions, said: “I’m thrilled to hit the ground running and bring fresh momentum to Savills auction offering across Scotland. These early instructions reflect the strength and appetite of the commercial auction market as well as the demand for transparent, fast-paced sales. From retail assets with robust covenants to mixed-use opportunities and former school sites, auctions continue to deliver a diverse and dynamic platform for sellers and buyers alike.”
With over 25 years of experience, Mhairi brings deep expertise in commercial property sales, having held senior roles at JLL and Acuitus. She is based between Edinburgh and London and is spearheading the expansion of Savills auction services across Scotland and other regional markets.
Her appointment comes during a period of exceptional growth for Savills auctions. The division has already generated £577 million in sales this year, including over £210 million in commercial transactions, a 124% increase compared to the same period last year.
For more information on Savills Auctions, visit www.auctions.savills.co.uk
