Acuitus · 29 Oct 2026 · in 10 days
Substantial Heritable Office/Development Opportunity
New Telecom House, 73-77 College Street, Aberdeen, AB11 6FD · Scotland
LiveOfficeFreeholdLet
- Guide
- £250,000
- Rent a year
- £2,000
- Yield on the guide
- 0.8%
- Payback
- 125 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- Not published
- Size
- 77,940 sq ft£0.03 rent per sq ft
What it costs to own
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The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat 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.
Create an accountEnergy rating
Acuitus 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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Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
Acuitus' record
Acuitus' results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Freehold office lot in 73-77 College Street.
Substantial Heritable Office/Development Opportunity. Substantial office building with 56 car parking spaces. Total approx. floor area of 7,240.77 sq. m. (77,940 sq. ft.) over Ground to Eleventh Floors. Immediate asset management and development opportunities (subject to consents). Low Capital Value of £3.21 per sq ft on guide price. Suitable for a variety of alternative uses. Telephone mast let to EE Limited and Hutchinson 3G UK Limited at £2,000 p.a.x. Adjacent to Aberdeen Railway Station and Union Square Shopping Centre. Nearby occupiers include EnQuest, Three60Energy, Offshore Energies UK and CNR International. The property comprises a substantial office building arranged over ground and eleven upper floors benefitting from city and harbour views, with a total approximate floor area of 7,240.77 sq. m. (77,940 sq. ft.) on a site extending to approximately 0.28 Ha (0.68 Acres). The property also benefits from a total of 56 car parking spaces, with approx. 22 spaces available to the front and rear of the property, whilst the remaining 34 spaces are held within level 4 of the adjacent multi storey car park (please see legal pack). The property is well suited to re-development for a variety of alternative uses including hotel, student accommodation or residential. The property may also be suitable for multi-let occupation, owner-occupation and alternative asset management strategies, subject to obtaining the necessary consents. The property is prominently situated on the east side of College Street, adjacent to Aberdeen Rail Station and Union Square Shopping Centre, the city’s main retail and leisure destination. Nearby office occupiers include EnQuest, Three60Energy, Offshore Energies UK and CNR International. Tenure: Heritable. Rent: £2,000 per Annum Exclusive
Figures come from Acuitus' 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.