Savills appointed to sell M&S St Nicholas building

19/02/2024
The St Nicholas Street M&S building

COMMERCIAL real estate agent Savills has been appointed to market the Aberdeen city centre store M&S will soon vacate.

The retail giant’s St Nicholas superstore will close in spring next year as the retailer consolidates within an expanded Union Square unit.

Subscribe to our daily newsletter

Why? Free to subscribe, no paywall, daily business news digest.

In the weeks since the closure was announced, there has been growing speculation about what the old flagship could be used for.

M&S bosses have now appointed estate agents Savills to find a buyer for the huge building.

They say the 80,000sq ft site would be “potentially suitable for a variety of uses” – subject to planning approval from the council.

A prospectus, reported in the Press and Journal today, promotes the major investment going on in the city centre as a selling point.

The document states: “The property benefits from outstanding visibility and passing footfall from Union Street, which is located directly opposite.”

The latest stories