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Shepherd · 22 Oct 2026 · in 3 days

Two City Centre Retail Units, Aberdeen

373 & 377 Union Street, Aberdeen, Aberdeenshire · Scotland

LiveRetail

Two City Centre Retail Units, Aberdeen
Guide
£200,000
Rent a year
≈£23,100est.
Yield on the guide
≈11.6%est.
Payback
≈8.6 yrs
Net yield, after buying costs
🔒 With access
Likely to sell for
🔒 With access
Energy rating
Not published
Size
4,643 sq ft

What it costs to own

The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.

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What it's likely to sell for

From what comparable lots actually sold for against their guide, in Cornerlot's results.

The likely sale range: included with access, £49 a month. Start with a free account.

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Energy rating

Shepherd hasn't published a rating for this lot. Ask for the certificate or check the legal pack: in England and Wales, a commercial property rated F or G can't be let without a registered exemption.

How it compares

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History

  • First listed on Cornerlot 11 Oct 2026.

Shepherd's record

Shepherd's results: included with access, £49 a month. Start with a free account.

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About the lot

Retail lot in Aberdeen.

Type: Retail. Two City Centre Retail Units. Situated on Union Street. Large floorspace. Suitable for a variety of uses (subject to planning). Guide Price £200,000. **FOR SALE BY LIVE STREAMED ONLINE AUCTION 22ND OCTOBER 2026** 373 Union Street - 258 sq. m. (2,779 sq. ft.) The subjects comprise the ground floor of a 4 storey and basement building of granite construction under a mansard style pitched and slated roof. Internally, the subjects are currently fitted as a hair and beauty salon. There is a small tea prep, storage/mixing room and customer toilets located within the main salon. To the rear of the salon there is office accommodation together with staff room, staff toilet and storage.? 377 Union Street - 431.34 sq. m. (4,643 sq. ft.) The subjects comprise the ground floor and basement of a 4 storey and basement building of granite construction under a mansard style pitched and slated roof. ? Internally, the property provides a sales/office area to Union Street together with office accommodation, WC and kitchen area to the rear. ?The basement area would be suitable for additional storage.? Guide Price £200,000. The subjects are located at the West End of Union Street, the main commercial thoroughfare of Aberdeen. Surrounding occupiers include Michie's Chemist, Virgin Money, Skills Development Scotland with a Six by Nico restaurant located next door. The Grade A offices at The Capitol and The Silver Fin Building, which provide c. 200,000 sq.ft combined space, are in close proximity. Shell have secured 100,000 sq.ft within The Silver Fin Building for approx. 1,000 staff.?

Figures come from Shepherd's published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.