Savills | Burgh House, 1-9 King Street, Aberdeen, AB24 5AA | Property for sale
18,913 sq ft(1,757.07 sq m)
Fixed price £650,000

Burgh House1-9 King Street, Aberdeen, AB24 5AA

    Development Land
    18,913 sq ft (1,757.07 sq m)

    Key features

    • Detailed Planning Consent & Listed Building Consent, conversion to 13 apartments
    • Benefit from nil affordable housing requirement until December 2020

    City Centre Residential Development Opportunity occupies a prominent position on the corner of King Street and Union Street, with views over Castlegate.

    About this property

    • Burgh House is a traditional mid-terraced building of granite stone construction with a slated roof over. The building is Grade B Listed and forms part of the Union Street Conservation Area. The property currently comprises two retail units at ground /basement floor with office accommodation provided over 1st to 4th floors. The accommodation benefits from a lift in addition to picturesque roof lights.

    Local information

    • The surrounding area comprises a vibrant, mixed use space following the completion of Marischal Square, a development comprising office, leisure and hotel uses and benefits from occupiers such as Residence Inn by Marriott, Prezzo, Costa and Tony Macaroni. Burgh House benefits from views over Marischal Square and Marischal College, Aberdeen City Council’s headquarters, to the rear. Other occupiers in the surrounding area include Brewdog, Miller & Carter and Aberdeen Town House.
    • The Aberdeen City Centre Masterplan aims to encourage 3,000 more people to live in the city centre by 2040 and, as a result, the area has benefited from investment and the launch of events and festivals in order to encourage a higher footfall and a safe place to work, live and visit. Burgh House forms part of the masterplan boundary area and future residents will benefit from being in close proximity to festivals and initiatives such as Aberdeen’s Christmas Village, Nu-Art and Aberdeen Inspired Nights.

    Additional information

    • Detailed Planning Consent and Listed Building Consent has been granted for the change of use of the upper floors to provide 13 residential apartments incorporating a rooftop extension with Terrace. Developer obligations have been discharged and the development is eligible for the affordable housing waiver currently applicable to Aberdeen City Centre
    • developments until December 2020.