Riverside Drive, Aberdeen AB11 House for sale

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Riverside Drive, Aberdeen AB11 House for sale

Riverside Drive, Aberdeen AB11
£192,000

Price History

Initial price £213,000
10/08/24 £238,000
17/08/24 £203,000
07/09/24 £238,000
13/09/24 £203,000
05/10/24 £250,000
12/10/24 £213,000
19/10/24 £250,000
26/10/24 £213,000
11/01/25 £203,000
25/01/25 £250,000
01/02/25 £213,000
22/03/25 £225,000
29/03/25 £192,000
Price Change -9.86%

Description

This large detached commercial building is situated in a prominent location on Aberdeen's Riverside Drive, surrounded by luxury flats and office space. The property offers a total floorspace of 5663 sq feet, comprising a basement, ground floor, first floor, and second floor, as well as an archway unit. The ground floor is currently occupied by a private gym, with a rental figure of £10,000 per annum, and the lease is due to renew on a 2-year flexible basis. The property has massive potential to be asset managed to full occupancy or developed for alternative uses, subject to planning. With its desirable riverside position and close proximity to Aberdeen City Centre, this property presents a unique opportunity for investors or developers to capitalize on its potential.