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Real Estate Listings: » Commercial Real Estate » Office spaces » GB » Aberdeenshire » Aberdeen » Aberdeen » Queen's Cross, Aberdeen, Office For Sale1

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Queen's Cross, Aberdeen, Office For Sale

United Kingdom, Aberdeenshire, Aberdeen, Aberdeen, AB15 4XU
Published 2026-04-11
ID #91470016
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1,950,000 Pound £
Queen's Cross, Aberdeen, Office For Sale
United Kingdom, Aberdeenshire, Aberdeen,
Published 6 days ago


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Additional information

Type of deal: For sale
Post Code: AB15 4XU
Price type: Sale price
Features: Outstanding single-let office and banking hall, Strong tenant covenant, Clydesdale Bank plc T/A Virgin Money, Break option recently removed, providing 4.7 years unexpired, Very low risk CreditSafe rating of 86A, Passing rent of £225,250 per annum, reflecting £26.45 per sq ft, 8,515 sq ft with an excellent car parking ratio of 1:266, Long-term redevelopment potential, Price - £1,950,000 exclusive of VAT, reflecting a net initial yield of 10.88%
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Description


Prestigious single-let office investment.

1 Queen's Cross is a prominent detached office building laid out over lower ground, ground, first and attic floors. To the rear of the property is a high quality modern extension fitted out to provide a banking hall with open plan office accommodation. The property benefits from 32 car parking spaces providing an excellent parking ratio of 1:266 sq ft.
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    0122400xxxx Show
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    Ryden Llp, Aberdeen
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    Registered on 5. Oct 2016
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    1,950,000 Pound £

    Sale price

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    Ryden Llp, Aberdeen
    Registered on October 5, 2016
    All listings
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    United Kingdom, Aberdeenshire, Aberdeen
    Aberdeen
    1 Queen's Cross
    , AB15 4XU
    Aberdeen ( (listen); Scots: Aiberdeen, listen ; Scottish Gaelic: Obar Dheathain [opəɾ ˈɛ.ɛɲ]; Latin: Aberdonia) is a city in northeast Scotland. It is the third most populous city in Scotland, one of Scotland's 32 local government council areas (as Aberdeen City) and the United Kingdom's 39th most populous built-up area, with an official 2018 population estimate of 200,680 for the city of Aberdeen and 227,560 for the local council area.During the mid-18th to mid-20th centuries, Aberdeen's buildings incorporated locally quarried grey granite, which may sparkle like silver because of its high mica content. Since the discovery of North Sea oil in 1969, Aberdeen has been known as the off-shore oil capital of Europe. The area around Aberdeen has been settled for at least 8,000 years, when prehistoric villages lay around the mouths of the rivers Dee and Don. The city has a long, sandy coastline and a marine climate, the latter resulting in chilly summers and mild winters. Aberdeen received Royal burgh status from David I of Scotland (1124–1153), transforming the city economically. The city has two universities, the University of Aberdeen, founded in 1495, and Robert Gordon University, which was awarded university status in 1992, making Aberdeen the educational centre of north-east Scotland. The traditional industries of fishing, paper-making, shipbuilding, and textiles have been overtaken by the oil industry and Aberdeen's seaport. Aberdeen Heliport is one of the busiest commercial heliports in the world and the seaport is the largest in the north-east of Scotland.In 2012, HSBC named Aberdeen as a leading business hub and one of eight 'super cities' spearheading the UK's economy, marking it as the only city in Scotland so designated. In 2018, Aberdeen was found to be the best city in the UK to start a business in a study released by card payment firm Paymentsense.

    Source: https://en.wikipedia.org/

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