Constructed over 40 years ago, the property has been refurbished and extended since to provide high quality office accommodation within two adjoining buildings
The Exchange is very prominently situated on the west side of Market Street in the heart of the city centre overlooking Aberdeen’s busy harbour. The central location allows easy access to public transport, with the City’s principal bus and train stations located immediately to the rear.
Location
Aberdeen is Scotland’s third largest city with a population of approximately 220,000 and an expanding regional catchment population of over 500,000. The city has been established as the energy capital of Europe for over 50 years and benefits from two distinguished universities, seven major research institutes and world renowned food, fisheries and agricultural research establishments.
Aberdeen has a long history of economically outperforming cities of a comparable size in the UK. The driving force has been the energy industry and whilst the extraction of fossil fuels from the UKCS has peaked the demands of energy security have boosted economic activity in the city in recent years. The transition to renewable energy is well underway although the process will take a long time and there is an understanding that oil and gas extraction will be essential to Scotland and the UK for tens of years to come. Aside from energy, there is a major drive to create a diversified local economy by expanding other industries including digital technology, food, tourism and life sciences. With assistance from the public sector and Opportunity North East, the £40m life sciences BioHub at Aberdeen Royal Infirmary opened in 2023.
Accommodation
Exchange 1 generally provides larger floor plates, from 4,500 sq ft - 9,165 sq ft over 9 storeys, while Exchange 2 provides smaller floor plates from 3,650 sq ft – 3,843 sq ft over 5 storeys
Terms
TENURE Heritable (Scottish equivalent of Freehold).
SERVICE CHARGE Details of the current service charge are available to seriously interested.
ENERGY PERFORMANCE CERTIFICATE (EPC) EPC certificates for each suite are available upon request
Specification
• Two modern spacious receptions
• Efficient, flexible open plan floor plates
• Two pipe VRV comfort cooling / heating systems
• Fully raised access metal floors
• Floors 2-5 in Exchange 2 have been defurbed to expose services
• Four x 10-person passenger lifts
• Fully DDA compliant
• CCTV security system