The building at 1 Queen’s Cross in Aberdeen has a rich history dating back to the 19th century. The original part of the building, constructed in 1865, was designed to be a grand and imposing structure. This historic building has been the site of various activities over the years, including its use as a fine dining experience and a popular eatery. Today, the building stands as a testament to its architectural significance and its association with George Washington Wilson, a renowned photographer. ### Architectural Significance
The building is a notable example of 19th-century architecture, characterized by the use of granite – a material synonymous with the Granite City of Aberdeen. The combination of these materials reflects the architectural trends of the time, where durable and ornate designs were favored. The building’s historical and architectural significance, along with its association with a national figure like Wilson, makes it one of Aberdeen’s most prominent and cherished landmarks. ### Redevelopment Potential
The building offers an “outstanding” single-let office and a modern extension that has been fitted out to provide a banking hall. The property also has 32 parking spaces to its rear, providing ample space for occupants. With the current rent paid by Virgin Money at £225,250 per year, the investment potential is significant. Additionally, the area around 1 Queen’s Cross includes other amenities such as cafes, restaurants, and convenience stores, making it an attractive location for businesses. ### Key Features
Property Type | Single-let Office |
Lease Term | Lease agreement until April 2030 |
Rent | £225,250 per year |
Parking | 32 parking spaces |
The owners of the building are now looking to cash in on its value, with a price tag of £2.1 million. Ryden LLP, the selling agent, is seeking a buyer who can appreciate the building’s historical significance and potential for redevelopment. The property is a prime example of the investment opportunities available in Aberdeen’s west end. ### A Glimpse into the Past
The building was originally constructed in 1865 and was designed to be a grand and imposing structure. In the late 1960s, the building had a spell as one of Aberdeen’s best-loved venues – Dizzy’s, a fine dining experience that was relatively new to the north-east. The popular basement eatery was fronted by local solicitor Frank Lefevre and two partners, who decided to sell the building in 1992 and move the business to 70 Carden Place. ### Conclusion
The historic building at 1 Queen’s Cross in Aberdeen is a rare opportunity for investors to purchase a property with significant architectural and historical value. With its high prestige, redevelopment potential, and attractive location, the building is likely to attract a buyer who can appreciate its value and potential for growth. Some key points to consider:
* The building has a rich history dating back to the 19th century. * It is a notable example of 19th-century architecture, characterized by the use of granite. * The building has redevelopment potential, with a modern extension that provides a banking hall. * The property is located in Aberdeen’s west end, with nearby amenities such as cafes, restaurants, and convenience stores. * The owners are seeking a buyer who can appreciate the building’s historical significance and potential for redevelopment.