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
Price Change	-4.69%

This large detached commercial building is situated in a prominent location on Aberdeen's Riverside Drive, offering a total floorspace of 5,663 sq feet. The ground floor is currently occupied by a private gym, generating £10,000 per annum, with a lease renewal imminent on a 2-year flexible basis. The property has massive potential for asset management, letting, or redevelopment, with the option to increase occupancy or explore alternative uses. The site is surrounded by luxury flats and office space, and its desirable riverside position offers attractive views. With the nearby Neo House business centre offering rental space at £78 per square foot, this property presents a unique opportunity for investors and developers to enhance its value. The property is exempt from VAT and is scheduled to go under the hammer in a timed online auction on January 23, 2025.