Amicable House, 250/252 Union Street | Property for sale | Savills
Guide price £1,000,000

Amicable House250/252 Union Street

  • New
  • Freehold
Investment

Key features

  • Mixed Use Investment/Development Opportunity
  • Part-Let Producing £55,000 per annum
  • NIA 8,343 sq ft (775.09 sq m)
  • Asset Management Potential by Way of New Lettings
  • ERV circa £100,000 per annum
  • Planning Approved for Development of 21 Flats to Rear

To be sold via online auction on 8 May 2024, unless sold prior. Find out more...

About this property

  • Of Interest to Investors and Developers Large, Mixed Use, Building on an Established Street in the Centre of Aberdeen. Currently Part-Let Producing £55,000 per annum with Evident Asset Management Potential Via the Letting of Vacant Suites. Approved Planning Consent for Development of 21 Flats to the Rear

Additional information

  • Planning:
  • Planning Reference: 230275/DPP
  • Planning consent has been granted for development of a new nine storey building to the rear. The new building would provide 21 flats with undercroft parking and cycle storage. The proposed development includes 14 x two bedroom flats and 7 x one bedroom flats.
  • Please see the Aberdeen City Council website or click the planning reference above for more information.