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440 Union Street

3653  sq ft

This three storey unit located towards the highly desirable west end of Union Street, is directly across from the Shell office, which is home to 1,000 energy workers. It is also a short walk from Queen's Road, which is home to thousands more office workers.

  • Monthly Rent:
    £2,417
  • Monthly Rates:
    £975
  • Fresh Start Relief:
    No
  • Location:
    West End
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At a glance

High street retail unit
High street office suite
West end location
Busy footfall area

About

The premises offer a basement (905 sq ft), ground (1,503 sq ft)and first floor (1,245 sq ft) retail unit held within a traditional, five storey traditional granite building. 

The unit benefits from Class 11 (Assembly & Leisure) use, the property may be suitable for alternative uses subject to planning. 

It would be eligible for Aberdeen City Council's Empty Shop Grant Scheme, which could offer funding of up to £35,000, subject to the investment being met by the landlord or incoming tenant.

The first floor accommodation is accessible via a dedicate Union Street entrance and may be available on separate terms.

The annual rent on this property is £29,000 ex VAT, which may be applicable. The current annual rateable value is £23,500.

Location

The west end of Union Street is thriving once more thanks to two major Grade A office developments - the Silver Fin and the Capitol.

These offices are home to thousands of workers from companies include Shell, RSM Accountants and PwC.

There are three major car parks within short walking distance, and nearby occupiers include Six by Nico, Pret, Cruise, Pizza Express, Starbucks and Soul Bar. There are also a number of thriving independent retailers in this section of the street.

Additional Notes

If you are a Small to Medium Sized Enterprise (SME) you could also qualify for a Business Energy Scotland cash-back grant of up to £30,000 if you are installing energy efficiency or renewable heat measures.

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