54 Gallowgate, Aberdeen | Property for sale | Savills
0.95 Ac(0.38 Ha)
Offers over £2,250,000

54 GallowgateAberdeen

  • Freehold

Key features

  • Prime city centre location
  • Former office building demolished and site cleared for development.
  • Planning Permission in Principle for up to 140 residential units
  • Fully private development with no affordable housing requirement
  • Suitable for development of alternative uses incl Office, subject to consent.

Prime City Centre Development Opportunity

About this property

  • Following approval of a Section 42 application, the planning consent has been extended from 31st January 2023 for a period of 5 years. The planning application permits the development of up to 140 residential units however two schemes, designed by award winning architecture practice CDA, have been approved by the Council as follows: 1) Maximised Illustrative Scheme 140 private apartments designed to maximise the number of units within the consented massing. Comprising 88 x studio apartments, 48 x 1 bed apartments and 4 x 2 bed apartments. Optimised Illustrative Scheme 115 private apartments designed to suit a wider house mix. Comprising 26 x studios, 52 x 1 bedroom apartments, 29 x 2 bedroom apartments and 8 x 3 bedroom apartments. The development is designed over three individual blocks varying in height from 5 storeys at the entrance to the site from Gallowgate, to 7 storeys at the rear of the site offering the top floors sea views to the East

Local information

  • 54 Gallowgate occupies a prominent location in the heart of the city centre adjacent to Bon Accord Shopping Centre and approximately 200m from Marischal Square – a £170m mixed use scheme comprising offices, retail and leisure – and Marischal College.
  • The site is less than 100 metres from North East Scotland College’s city centre campus .
  • The immediate surrounding area also comprises a range of residential accommodation.
  • 54 Gallowgate lies approximately 1 mile from Aberdeen’s train and bus station which forms part of Union Square Shopping Centre, Aberdeen’s flagship shopping destination offering 550,000 sq ft of retail and leisure units with car parking.
  • Belmont Street, one of Aberdeen’s most popular destinations for bars and restaurants lies approximately 500m west of the Site and is connected to the site via Schoolhill where Aberdeen’s recently refurbished Art Gallery
  • is located.
  • The regeneration of Union Terrace Gardens was completed and opened to the public in January 2023.

Additional information

  • Affordable Housing Waiver / Section 75
  • Aberdeen City Council introduced a moratorium on affordable housing requirements for residential development in the city centre boundary in 2018, in order to encourage the delivery of city living projects. 54 Gallowgate will benefit from this moratorium and can be delivered as a 100% mainstream development, subject to the terms of the Section 75 agreement.
  • The affordable housing waiver has recently been extended to 30 January 2024 following approval of a Section 42 application. A copy of the Section
  • 75 and Section 42 decision notice are included in the data room.