Page 15 - Shepherd Commercial Auctions - Catalogue 19/06/2025

Lot 11
54-70 Schoolhill & The Clarke Building, Harriet Street, Aberdeen,
Aberdeenshire AB10 1JQ
Unique Development Opportunity
Features
• Substantial premises extending to 8,250 sq. m. (88,794 sq. ft.)
• Central location close to Aberdeen Art Gallery His Majesty's Theatre & Union Terrace
Gardens
• Suitable for a variety of uses subject to planning
Description
The subjects comprise two substantial buildings occupying a central location within
Aberdeen City Centre.
Accommodation
SCHOOLHILL BUILDING
The Schoolhill building comprises a substantial, grade B listed, 4-storey property of red
and grey granite external finish under pitch and slate roofs. The property was formally
used as a student union, residential accommodation and ground floor retail unit. The
premises benefit from a lift accessing all floors.
THE CLARKE BUILDING
The Clarke building comprises a substantial building of modern blockwork construction
arranged over basement, ground and five upper levels.
The Clarke Building is situated along Harriet Street, directly adjacent to the Bon Accord
Shopping Centre. The building was most recently used as an educational facility and
therefore comprises a series of teaching rooms, with lift access to all floors.
There is an open courtyard, accessed from Harriet Street with previous plans for a
boutique hotel connecting both buildings
Location
Aberdeen is Scotland’s third largest city with a population of around 220,000 and a
regional catchment of 500,000. The city is recognised as the Energy Capital of Europe.
The city is also a recognised business destination with excellent academic and research
capabilities, benefitting from two highly regarded universities.
The subjects occupy a prominent, City Centre location and accordingly benefits from
excellent local facilities to include the adjacent Bon Accord Shopping Centre, Robert
Gordons College, Cowdray Hall, The Art Gallery, His Majesty’s Theatre and the recently
upgraded Union Terrace Gardens.
Planning
Conditional planning permission was granted in 2015 for a change of use to
the buildings to form a 255-bed boutique hotel including a restaurant, bar,
function suite, meeting spaces and a gym. Full details of the historic
permission can be found on Aberdeen City Planning Portal under reference
150513.
Architects Halliday Fraser Munro prepared an alternative feasibility study
which shows potential to create the following 85 residential unit & retail
conversion.
The subjects lend themselves to alternative uses such as Residential, Built
to Rent, Student, Educational, Hospitality, Retail and Health Use subject to
planning.
Auction Type
Unconditional Sale - The buyers fee is 2.4% inc VAT(2% plus VAT) subject
to a minimum of £2,500 inc VAT(£2,083.33 plus VAT).
*Guide Price £600,000 plus VAT (plus fees if
applicable)
* Please see Buyer’s Terms for definition of guide price
and auction fees
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