1 Queens Cross. (Photo: Ryden)

Banking on history: Aberdeen landmark hits market for £2.1 million

A historic Aberdeen property at 1 Queen’s Cross has been listed for sale with a £2.1 million price tag, offering ...

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A historic Aberdeen property at 1 Queen’s Cross has been listed for sale with a £2.1 million price tag, offering investors a chance to own a piece of the city’s architectural heritage.

The building, which has been leased to Virgin Money (formerly Clydesdale Bank) since 1995, boasts a lease agreement until 2030, generating an annual rent of £225,250.

Constructed in 1865, this granite masterpiece holds significant historical and architectural value. It was originally associated with George Washington Wilson, a renowned Victorian photographer who served Queen Victoria. Wilson was celebrated for his pioneering work in landscape and architectural photography, documenting much of Scotland during the era. The building at Queen’s Cross became his home and workplace after relocating from Glenburnie due to redevelopment pressures in 1875

Wilson’s connection to the property reflects its prestige; the house was designed with modern features for its time, including plate-glass windows and central heating. Despite a devastating fire in 1882 that destroyed most of his stock and machinery, Wilson’s negatives survived, allowing him to rebuild his business.

George Washingston Wilson’s own photo of the building taken in 1866

Beyond its photographic legacy, the building also housed Dizzy’s restaurant in its basement from 1969 to 1992. Dizzy’s was considered one of Aberdeen’s finest dining establishments before relocating to Carden Place.

The property spans 8,515 square feet and includes modern extensions fitted out as a banking hall alongside 32 parking spaces. Selling agents Ryden LLP describe it as “one of Aberdeen’s most prominent and cherished landmarks,” noting its redevelopment potential for future use. Situated at the junction of Albyn Place and St Swithin Street in Aberdeen’s west end, the building is surrounded by other major occupiers like Royal Bank of Scotland and Johnston Carmichael.

Ryden LLP emphasised the building’s historical significance, saying: “It holds high prestige due to its association with George Washington Wilson… The combination of durable materials like granite and ornate designs reflects the architectural trends of the time.” They added that the property offers “outstanding investment potential” due to its prime location and long-term lease agreement.

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