SAVILLS, acting jointly with FG Burnett, has announced it has been appointed to find a buyer for the historic B-Listed property at 17-19 Union Terrace in Aberdeen.
The Renaissance-style building was designed by prominent local architect William Kelly in 1895. It opened as the HQ of the New Aberdeen Savings Bank.
The façade of the original building encompasses a double-height banking hall and ornate architectural features, with office and residential accommodation on the upper floors. There is also a ‘substantial’ basement, offering a variety of rooms.
The building overlooks the emerging Union Terrace Gardens Project in the city centre.
Niall Macleod of Savills’ development team said, “This opportunity is being brought to the market just as Union Terrace Gardens nears completion. Its new occupiers will greatly benefit from the fantastic amenity and green space being created here in the city centre. The property offers huge potential for a variety of uses and is a key opportunity within the Aberdeen City Centre Masterplan area.”
Graeme Nisbet, director, FG Burnett, added, “This is a fantastic opportunity for a developer to acquire a high profile building which offers a number of alternative uses. UTG offers excellent connectivity to a several landmarks within the city centre and following completion of the Gardens the subject will feature in a sought after location.”