search.noResults

search.searching

note.createNoteMessage

search.noResults

search.searching

orderForm.title

orderForm.productCode
orderForm.description
orderForm.quantity
orderForm.itemPrice
orderForm.price
orderForm.totalPrice
orderForm.deliveryDetails.billingAddress
orderForm.deliveryDetails.deliveryAddress
orderForm.noItems
scotland |


ABERDEEN HOTEL SECTOR PRESENTS A BUYING OPPORTUNITY C


olliers International is marketing two hotels in Aberdeen - one at a reduced price - in what it describes as an ideal time to buy into Scotland’s oil capital. The licensed property specialist was already acting for the owners of the Aberdeen Northern Hotel as they intended to retire - now ill health has forced them to lower their asking price and consider offers over £1m.


Additionally, the city’s Bauhaus Hotel has hit the market for £1.4m. This modern, budget yet boutique style venture is located on Langstane Place, parallel with Aberdeen’s Union Street – the city’s main retail thoroughfare offering a plethora of restaurants and bars, live music and entertainment venues. The railway and bus stations are a little over five minutes’ walk away, while Aberdeen International Airport is reachable by taxi in around 20 minutes. Alistair Letham, a director in the UK


hotels agency team at Colliers International, commented: “The changes to business trading, as a result of the fall in oil prices, and the effect it has had on hotel businesses in Aberdeen, has been well documented. However, recent indications


BANCHORY HIGH STREET


S


hepherd Chartered Surveyors is offering a retail unit on Banchory High


Street for sale or lease. Located on the town’s main commercial thoroughfare, Banchory is a popular market town located 15 miles west of Aberdeen along the A93 Aberdeen to Braemar Trunk Road. The majority of the retailing activity within Banchory is centred around the High Street where a number of national operators can be found. The 950 sq.ft property comprises of a ground floor retail unit within a standalone block of flats. The property has been split to provide a sales area towards the front with the rear used for storage and W.C. facilities. Car parking is available immediately to the front of the property and there are a further two car parks located within the immediate vicinity. Adam Honeyman at Shepherd in Aberdeen, said: “Given the prime location of this unit within the heart of Banchory’s retailing activity, we anticipate keen interest in this rarely available opportunity.” Offers in excess of £180,000 are


invited. Alternatively, a rental of £18,000 pa is sought.


COMMERCIAL PROPERTY MONTHLY 2018


suggest that hotel businesses are experiencing increased occupancy which is an encouraging sign. “Undoubtedly, now is a good time to


buy/invest into the hotel sector in Aberdeen, where experienced operators will see trade only going one-way; upwards.”


Undoubtedly, now is a good time to buy/invest into the hotel sector in Aberdeen, where experienced operators will see trade only going one- way; upwards.


an imposing corner location on the northern side of Aberdeen, where its distinctive V-plan layout and bold curved angles make it a striking and memorable feature of the city. The 32-bedroom hotel remains a thriving business and is considered an outstanding example of the Art Deco style of architecture. It enjoys Historic Scotland's Category A listed building status. As well as 32 bedrooms, sleeping 61, the hotel boasts restaurants, bars, dining and conference facilities, which make use of the unusual rounded Art Deco lines of the building. Its Mackenzie room and Ballroom combine to form a cinema-style curving function suite, capable of accommodating 200 people.


Aberdeen's Northern Hotel is a listed Art Deco landmark. Built in 1938, it sits in


Selling agent Colliers International is inviting offers over £1,000,000 for the Aberdeen Northern Hotel, 1 Great Northern Road, Aberdeen AB24 3PS. The Bauhaus Hotel is part new-build and part converted and has its principal accommodation over six main levels. This includes a restaurant, lounge bar and meeting facilities, as well as 39 en-suite letting bedrooms, to sleep 78.


IN MY VIEW by Andrew McNab, Colliers International


ast year I wrote about the changes afoot in Scotland’s planning system and those changes are indeed coming to fruition with the Planning (Scotland) Bill currently being considered by the Scottish Parliament. I previously wondered whether the changes would include anything radical and ‘game- changing’ but sadly I suspect that the new Planning Bill will indeed simply be a shuffling of the planning pack, as predicted.


L It is more


of a case of what is not in the new


Andrew McNab


Planning Bill than what is in


it that catches the eye. Once again, following the previous 2006 Planning Bill, the Scottish Government has rejected the calls for a third party right of appeal. Community groups and heritage watchdogs are bemoaning the lack of recourse if a planning decision is taken with which they do not agree. On the other hand, developers across the country will, once again, breathe a sigh of relief that they are not faced with yet another


bureaucratic hurdle to overcome in order to get permission to build than had campaigners for equal right of appeal got their way.


The consultation paper on change in planning that preceded the Planning Bill talked of creating a dynamic, efficient and effective planning system. However nothing in the Bill jumps out at me suggesting that achieving planning permission and delivering much needed housing will be any easier under the new regime. Sure, there is tinkering around the edges with the removal of Strategic Development Plans and the possibility of a new ‘Infrastructure Levy’ but as similar changes down south have taken effect, there has been little change in rates of new development nor significant improvements in local authority performance in dealing with planning applications.


There is a need for us to accept that the planning system by its very nature is cumbersome and unwieldy, a far cry from the vision set out in the original white paper. The impacts, both positive and negative, of development are wide ranging and all issues need consideration and given due weight and that is a process which is time consuming and thus for developers, expensive.


91


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72  |  Page 73  |  Page 74  |  Page 75  |  Page 76  |  Page 77  |  Page 78  |  Page 79  |  Page 80  |  Page 81  |  Page 82  |  Page 83  |  Page 84  |  Page 85  |  Page 86  |  Page 87  |  Page 88  |  Page 89  |  Page 90  |  Page 91  |  Page 92  |  Page 93  |  Page 94  |  Page 95  |  Page 96  |  Page 97  |  Page 98  |  Page 99  |  Page 100