Commercial Property in Altens available for sale
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Commercial Properties for Sale near the Altens, Aberdeen

Commercial Properties for Sale Within 5 miles of the Altens, Aberdeen

More details for 25 Balnagask Rd, Aberdeen - Retail for Sale

25 Balnagask Rd

Aberdeen, AB11 8HU

  • Retail for Sale
  • £49,000
  • 400 sq ft
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More details for 52B Menzies Rd, Aberdeen - Retail for Sale

52B Menzies Rd

Aberdeen, AB11 9BE

  • Retail for Sale
  • £200,000
  • 4,797 sq ft
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More details for 119 Bon Accord St, Aberdeen - Office for Sale

119 Bon Accord St

Aberdeen, AB11 6EH

  • Office for Sale
  • £65,000
  • 716 sq ft
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More details for 504 King St, Aberdeen - Retail for Sale

504 King St

Aberdeen, AB24 5ST

  • Retail for Sale
  • £1,650,000
  • 5,894 sq ft
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More details for 13 Bon Accord Sq, Aberdeen - Office for Sale

13 Bon Accord Sq

Aberdeen, AB11 6DJ

  • Office for Sale
  • £650,000
  • 5,533 sq ft
  • Energy Performance: E
  • Security System

Aberdeen Office for Sale

01. Multi-let office: Attractive period building with garage parking 02. Central location: Strategically positioned in the city centre close to Union Street 04. Fully tenanted: Fully let with a passing rent of £85,120 per annum 09. Generous return: Immediate high net initial yield of 12.47% Aberdeen is Scotland's third- largest city with a population of approximately 220,000 and a regional catchment exceeding 500,000. Its established status as the "Oil Capital of Europe" has transitioned to be the "Energy Capital of Europe" with ongoing investment in renewable energy, leveraging its highly skilled workforce and extensive onshore and offshore infrastructure. The city has benefited significantly from public sector support in recent years, notably with the establishment of a £62 million Energy Transition Fund. Of this, £26 million has been specifically invested in creating the Energy Transition Zone (ETZ), now a key development opposite the £450m South Harbour. The ETZ aims to The South Harbour has firmly established Aberdeen as the largest berthage port in Scotland, improving the region's marine and energy support capacity. It is also now home to the UK's Energy Transition Centre of Excellence, playing a pivotal role in leading the shift from carbon to renewable energy sources. Located in the heart of Aberdeen city centre, the property occupies a prime position on the south side of Bon Accord Square. The subjects benefit from a wide variety of local amenities within walking distance, including cafés, restaurants, and hotels. A broad range of retail and leisure offerings is also available on Union Street, located just 200 metres away. Bon Accord Square itself is a vibrant mixed-use area featuring offices, residential units and serviced apartments, with current occupiers including James Milne Chartered Accountants, Blackadders, Think PR, James & George Collie Solicitors and Craibstone Suites. The property is near to three of the city's most prestigious Grade A office buildings: Silver Fin, The Capitol and the iQ Building. A number of leading companies have office space within these buildings, including Shell, PWC, Xodus, RSM, Exceed, Flotation Energy and Spirit Energy. Excellent public transport connectivity serves 13 Bon Accord Square. Aberdeen's main bus and railway stations are conveniently less than a 10-minute walk away. Numerous bus services run along Union Street further enhancing accessibility to the subject property. The original 13 Bon Accord Square property is a four storey, Grade B listed granite building, which largely offers cellular office space. The building has been extended at the rear, offering modern, open-plan office space. Beneath this extension, an indoor garage accessible from Craibstone Lane provides 8 dedicated car parking spaces. Additional on-street, metered parking is also available within Bon Accord Square. The building offers a pleasant working environment, with a well-presented entrance foyer. Bon Accord Square itself was designed in 1823 by the renowned Aberdonian architect Archibald Simpson, who left a significant architectural legacy across the city and the original building's design accentuates some of the periodic features. The Landlord has recently invested around £50,000 refurbishing the first and second floors, which includes boiler upgrades, the installation of a new emergency staircase as well as undertaking improvements to the lower ground floor and roofing. The maintenance of the common areas is covered by a service charge with day-to-day management undertaken by a professional property management company appointed and overseen by the landlord. The costs incurred allocated to each tenant in line with standard practice. Possibilities Counselling & Psychotherapy Centre comprises a prominent group of highly experienced and specialist psychotherapists (UKCP registered). They are dedicated to delivering affordable, high-quality, independent professional psychotherapy and counselling services. The property is located in the Bon Accord and Crown Street conservation area and has a mixed use zoning in the current Local Development Plan. As the surrounding area contains a broad mix of uses including residential flats there is potential for conversion to this use, subject to size, design and configuration to maximize internal amenity. An architect's feasibility study has been carried out to assess the potential for residential conversion and extension to the rear. Sketch layout plans, showing two options for a mix of one and two bedroom apartments (10 in total), are available upon request. Interest parties should make their own enquiries with Aberdeen City Council Planning Department.

Contact:

Ryden

Date on Market:

02/09/2025

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FAQs about Commercial Properties For Sale in Altens

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How many Commercial Property listings are available for sale in Altens?
There are currently 0 Commercial Properties available for sale near Altens. These Altens Commercial Property listings have an average size of. The largest available listing in Altens is. The thriving commercial centre and excellent transport links in Altens make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Altens?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Altens currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Altens?
There is a diverse range of commercial properties available in Altens to suit various business needs. Altens offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 0 Altens commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Altens, Aberdeen

Market Overview for Commercial Properties in Altens

Key information for Commercial Properties investors in Altens and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Aberdeen £75 12,206 sq ft
Portlethen £127 51,219 sq ft
Bridge Of Don £88 6,120 sq ft
Dyce £40 13,823 sq ft
Westhill £66 8,953 sq ft

Rental Price Trends in Altens

The price per square foot range for Commercial Properties in Altens and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Aberdeen £6 £75 £232
Portlethen £127 £127 £127
Bridge Of Don £79 £88 £97
Dyce £23 £40 £70
Westhill £37 £66 £81

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Altens area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Aberdeen 400 sq ft 12,206 sq ft 88,794 sq ft
Portlethen 850 sq ft 51,219 sq ft 107,072 sq ft
Bridge Of Don 2,298 sq ft 6,120 sq ft 16,143 sq ft
Dyce 5,944 sq ft 13,823 sq ft 49,000 sq ft
Westhill 2,219 sq ft 8,953 sq ft 24,169 sq ft

You searched for commercial property for sale in Altens. Explore 0 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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