Page 25 - Shepherd Commercial Auctions - August 2024

Lot 21
1E Bank Street, Aberdeen, Aberdeenshire AB11 7ST
Development Opportunity
Features
• Refurbished internally and externally
• Adjacent to Papa Johns takeaway
• Close proximity to Union Square
• GIA 189.8 sq. m. (2,043 sq. ft.)
Description
The subjects comprise of two single storey buildings of blockwork and timber
construction with part of the upper ground floor being constructed over part of the lower
ground floor all under a flat felt covered roof.
Accommodation
Internally the space is laid out to provide an open plan area within the lower ground floor
with the upper ground floor previously being utilised as a kitchen along with various store
areas and a w.c.
Location
The subjects are located in Aberdeen City Centre and occupy a prominent position at the
Bank Street and South College Street junction. More specifically, the property is located
on the south side of Bank Street and forms part of the former Ferryhill Tavern.
Aberdeen’s Railway and Bus Station are just a short distance from the subjects along
with Union Square, which is one of Aberdeen’s main shopping and leisure destinations.
Planning
Our client previously prepared plans for a potential residential redevelopment of the site
for 3 flats. The plan of this scheme can be issued to interested parties upon request.
However interests should make their own enquires with the planning authority.
Rateable Value
The property has a rateable value of £6,800.
Energy Performance Rating The property has an energy rating of D.
Auction Type
Unconditional Sale - The buyers fee is £3,600 inc VAT (£3,000 plus VAT).
*Guide Price £60,000 plus VAT (plus fees if
applicable)
* Please see Buyer’s Terms for definition of guide price
and auction fees
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