Detached utility building let to Scottish Gas Networks

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.

What it's likely to sell for

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

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

History

• First listed on Cornerlot 11 Oct 2026.

Savills' record

About the lot

Freehold land lot in Aberdeen. Producing £1,380 a year, a 6.9% gross yield at the guide.

Heritable Detached Utility Building Located on Arterial Route in Aberdeen City Centre. Detached utility building let to Scottish Gas Networks. Located opposite Bridge View and Consort House. Investment let at £1,380 per annum. The site is occupied by a detached single‑storey concrete utility building currently operated by a gas utility company. The structure features metal access doors and louvred ventilation to the elevations and is set within a landscaped environment. Tenancy: Let to Scotland Gas Networks plc on a 64 year 7 month lease expiring on 28 May 2053.The passing rent is £1,380 per annum. 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.