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52-54 Union Street

4661  sq ft

Recently vacated by the Halifax banking group, this unit is in very good condition and would require minimal investment to bring back into use. Spanning four floors, the property has retail space on the ground floor, with offices and staff areas on the floors above. Neighbouring tenant Specsavers has just renewed its lease, underlining its confidence in the location.

  • Monthly Rent:
  • Monthly Rates:
  • Fresh Start Relief:
  • Location:
    East End
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At a glance

Ground floor retail
Office space above
Busy footfall area
Parking nearby


Empty shops grant


This former bank branch offers four floors of high-quality office and retail space and sits on one of the busiest parts of Union Street.

Behind the full-height glazing at ground level unit comprising retail space and offices (1,386 sq ft).

On the upper floors there are more offices and staff areas. An eight-person lift serves the ground and first floors.

The annual rent on this property is £75,000 ex VAT, which may be applicable. The annual rateable value is £58,500


The property is situated in the east end of Union Street and surrounded by multiple occupiers, including Marks & Spencer, Sports Direct, Evans Cycles, The Esslemont Bar and Restaurant, Miller & Carter and Tesco Express.

The unit also benefits from being nearby to the St Nicholas and Bon Accord shopping centres, with the Trinity Centre to the west and Union Square to the south.

Marischal Square - the city's premium Grade A office development - and Aberdeen City Council's headquarters are also nearby.

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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