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Savills · 21 Oct 2026 · in 2 days

Heritable Office Investment in Prominent Aberdeen City Centre Location

Bridge View and Consort House, North Esplanade West, Aberdeen AB11 5QF · Scotland

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Heritable Office Investment in Prominent Aberdeen City Centre Location
Guide
£100,000
Rent a year
£122,594
Yield on the guide
–
Payback
–
Net yield, after buying costs
🔒 With access
Likely to sell for
🔒 With access
Energy rating
Not published
Size
74,580 sq ft£1.64 rent per 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.

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Energy rating

Savills 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.

Savills' record

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About the lot

Freehold office lot in Aberdeen. Producing £122,594 a year.

Heritable Office Investment in Prominent Aberdeen City Centre Location Let to Youngberry Properties Ltd on a 125 year lease (96 years unexpired) Investment let at £122,594 pa (122.59% on Guide Price). Heritable Office Investment in Prominent Aberdeen City Centre Location. Let to Youngberry Properties Ltd expiring November 2122. Comprises approximately 84,590 sq ft. Low Capital Value psf (£1.18 psf). Includes on‑site parking. Investment let at £122,594 pa (122.59% on Guide Price). Bridge View is prominently located on the corner of North Esplanade West and Market Street. The property has been developed partly behind a retained Category B listed façade to provide a modern, high‑specification office building extending to approximately 74,580 sq ft (NIA) with on‑site parking, constructed in 1999. Consort House occupies a prominent corner position at Poynernook Road and Stell Road. The site has been developed to provide a modern, high specification office extension to Bridge View, constructed in 2006 and extending to approximately 84,590 sq ft (NIA) with on site parking. Tenancy: Bridge View is let to Youngberry Properties Ltd on a 125 year lease expiring on 28 November 2122.The passing rent is £72,009 per annum. There is an outstanding rent review from 28 May 2026 Consort House is let to Youngberry Properties Ltd on a 116 year 9 month lease expiring on 28 November 2122.The passing rent is £50,585 per annum. There is an outstanding rent review from 28 May 2026. Tenure: Heritable (Scottish Equivalent of English Freehold). Aberdeen is the administrative and commercial centre of the North East of Scotland. Internationally renowned as Europe’s oil capital, the city has evolved into a globally significant energy hub. With a population of more than 700,000 across the city and its wider catchment, the region benefits from a deep skilled labour pool, strong infrastructure, and decades of off-shore experience. Aberdeen’s strategic importance has been further strengthened by its appointment as the headquarters of Great British Energy, the UK’s new state owned energy company.The property occupies a strategic position within the North Deeside Business Quarter, an established commercial district immediately south of Aberdeen city centre. This prime mixed use location benefits from close proximity to Aberdeen Harbour, the city’s principal retail and leisure destination at Union Square Shopping Centre, and the core business and shopping areas of the city. The surrounding area hosts a diverse mix of major office occupiers, industrial premises and supporting amenities, creating a strong and sustainable business environment with excellent city centre accessibility.

Figures come from Savills' 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.