for sale (1.06 acres) site: approx. 0.42 hectares...

D E V E L O P M E N T O P P O R T U N I T YJ O H N S T R E E T A B E R D E E N A B 2 5 1 L E

F O R S A L E SITE: APPROX. 0.42 HECTARES (1.06 ACRES)

DETAILED PLANNING CONSENT FOR 374 BED STUDENT ACCOMMODATION DEVELOPMENT

PRIME CITY CENTRE LOCATION

EXCELLENT ACCESS TO UNIVERSITY OF ABERDEEN AND RGU

ABERDEEN CITY REGION DEAL

The Aberdeen City Region Deal was signed in November 2016 and the £250M investment paves the way for innovation, internationalisation, digital connectivity and infrastructure across the region over a 10 year period.

Key projects include a new world class oil and gas technology centre, bio-therapeutic hub for innovation, investment and digital connectivity infrastructure, harbour expansion and strategic transport interventions such as construction of the Aberdeen Western Peripheral Route.

ABERDEEN IS THE 3RD LARGEST CITY IN SCOTLAND WITH A POPULATION OF APPROX. 230,000 WITH A WIDER POPULATION INCLUDING ABERDEENSHIRE OF CLOSE TO 500,000. THE CITY IS RENOWNED AS A GLOBAL ENERGY HUB WITH MORE THAN 20% OF SCOTLAND’S TOP BUSINESSES LOCATED IN THE REGION. THERE IS MORE THAN £8BN OF PUBLIC AND PRIVATE INFRASTRUCTURE INVESTMENT DUE TO BE DELIVERED BEFORE 2030. IN ADDITION TO THE ENERGY SECTOR, ABERDEEN HAS ONE OF THE LARGEST CONCENTRATIONS OF LIFE SCIENTISTS IN THE UK, TOGETHER WITH A HIGH PROPORTION OF PEOPLE EMPLOYED WITHIN DIGITAL INDUSTRIES.

LOCATION

INVERNESS

DUMFRIES

EDINBURGHGLASGOW

PERTHDUNDEE

ABERDEEN

E N G L A N DAYR

2

Aberdeen

Union Square Shopping Centre

Bridge of Dee

Cove Bay

N A

ND

ERSO

N DR

A90

A90

Great Northen Road

Provost Rust Dr

Rosehill Dr

Westburn D

r

King St

Espl

anad

e

Beach Blv r d

King’s Gate

Provost Fraser Dr

Skene St

Union St

Great Weste

rn R

d

B9119

A944A944

B983 B983

A96

B9119

B9077

Riv ersid

e Dr

Broo

mhill R

oad

B9077

Spring�eld Rd

N Deeside Rd

Craigton Rd

B9077

Union Grove

A90

13

W Tullos Road

A956

A95

6

Victoria Rd

King

St

Hilton Dr

Hilton St

School Rd

Golf Rd

Park

Road

SITE LOCATION

The site occupies a prominent city centre location approximately 0.5 miles north of Union Street and the railway & bus stations.

In turn the site lies approximately 1 mile south of the University of Aberdeen’s main campus. Travel times to the campus are as follows:

LOCATION

More specifically, the site is located in the Woolmanhill area of the city centre, just to be north of John Street, close to its intersection with Woolmanhill/Denburn Road. RGU’s ‘Woolmanhill Flats’ student accommodation lie directly to the north-west of the site and provide approx. 700 university owned beds developed in the 1990s. Amenities in the immediate vicinity of the site include, hotels (Hilton Garden Inn & Sandman Signature), the Bon Accord Shopping Centre and local shopping on the George Street thoroughfare. The Aberdeen Sports Village is approx. 1 mile away.

approximately 6-8 minutes (services 18, 19 & 20)

approximately 30 minutes (services 1 & 2)

approximately 20 minutes




Robert Gordon University (RGU) campus at Garthee is approx. 3 miles South West of John Street. Travel times to the campus are as follows:

SUBJECT PROPERTY

UNIVERSITY OF ABERDEEN

ROBERT GORDON

UNIVERSITY

3

KEY

Queens Link Leisure Park

Beach Promenade

Union Street

Bus Station

Union Square

Railway Station

Union Terrace Gardens

RGU Woolmanhill

George Street

John Lewis

0102

03

04 0506

07

08

10

09

01

05

03

07

02

06

04

08

09

10

AERIAL VIEW TO CITY CENTRE

SUBJECT PROPERTY

4

AERIAL VIEW TO UNIVERSITY OF ABERDEEN CAMPUS

KEY

Sandman Hotel

Hilton Garden Inn

Broadford Works

Aberdeen Sports Village

University of Aberdeen

Unite Causeway View

North East Scotland College

Berryden Retail Park

Kittybrewster Retail Park

Aberdeen Football Club

01

05

03

07

02

06

04

08

09

10

04

10

05

03

01

02

07

06

08

09

SUBJECT PROPERTY

5

The site extends to a total of approximately 0.42 hectares (1.06 acres) and is split into two distinct sections. The main site extends to approximately 0.38 hectares (0.95 acres) and sits to the north on John Street.

A smaller ancillary site to the west of John Street extends to approximately 0.04 hectares (0.11 acres). The main site is cleared of buildings and ready for immediate development. Access is taken directly from John Street.

PLANNING

The site has the benefit of detailed planning consent (Reference: 161427/DPP) for the erection of the purpose-built student accommodation development extending to a total of 374 beds, together with ancillary accommodation. The detailed consent was granted on 2 March 2017.

THE SITE

CR

Sinks

16.5m

CHARLOTTE STREET

CHARLOTTE GARDENS

NORTH ST ANDREW STREET

El Sub Sta

38

40

33

39

26

to

130

50 to 59

53

46

70 to 79

18

88

to

90 to

99

89

32

1 to 8

to

44

Woolmanhill Flats

(Robert Gordon University)

9 to 17

61

128

80 to

89

60 to 69

to

45

25

90

to

38

40 to 49

to

50

52

to

The Robert Gordon University

to

60

JOHN STREET

JOHN STREET

SKENE SQUARE

NORTH

Client

Project

Date Scale @ A3

Drawn By Checked By

Drawing No. Rev

- This drawing is copyright, reserved and remains the property ofFletcher Joseph Architects.- All levels and dimensions are to be checked on site by thecontractor prior to fabrication, and any discrepancies must bereported immediately to the Architect.- All dimensions are to be read off this drawing and NOT scaled.- All work to be executed in strict accordance with the by-lawsand regulations of the local authorities.- All work to conform to applicable codes of the BritishStandards.- Where indicated/required, all drawings are to be read inconjunction with all other documents issued by Fletcher Josephand/or other professions.

Title

Last Revision

Revised By

General Notes:

Rev

FLETCHER JOSEPH ASSOCIATES

5 Millar Place ● Edinburgh ● EH10 5HJ

T: 0131 4475000F: 0131 4469958

E: [email protected]: www.fletcherjoseph.com

Date Db Notes

PLANNING

JM

DOWNING STUDENTS (ABERDEEN)

LIMITED PARTNERSHIP INCORPORATED

John St Aberdeen

Student Accommodation

Location Plan

31/08/15 1:500

SD

15655_09_01 #

1:5000 5 10 25 m152.5

THE SCHEME

The scheme, which is arranged around an attractive central courtyard, is arranged over ground and 7 upper storeys. The layout affords an excellent level of amenity space of approximately 5 sqm per student that includes 1600 sqm of usable external amenity space and 432 sqm of internal common areas. Outlined below is an accommodation schedule confirming the make-up of the accommodation.

6

BLOCK A

6 Bed Cluster - 13.5 sq m


Studios 18 sq m

Studio 21 sq m

Bedspaces

LevelGround 1 0 8 141st 4 1 4 10 452nd 5 1 3 2 423rd 5 1 3 2 424th 5 1 3 2 425th 3 1 12 2 396th 1 13 4 237th 3 3Bedspaces 144 35 41 30 250

BLOCK B



Studios 18 sq m

Studio 21 sq m

Bedspaces

LevelGround 1 2 2 1 231st 1 2 4 242nd 1 2 4 243rd 1 2 4 244th 2 7 1 225th 6 1 7Bedspaces 24 70 27 3 124TOTAL CLUSTERS

273

TOTAL STUDIOS

101

TOTAL 374

ACCOMMODATION 7

ACCOMMODATION

GROUND FLOOR

Common kitchen/ lounge30m2




Accessible bedroom

Management suite86m2

Plant/service85m2

Common Lounge105m2

Lobby

Reception

Mail

Lounge

TV/Cinema25m2

Laundry13m2

Study/seminar room

118m2

Study/seminar room

2Study/seminar

room3

18m2

Bins58m2

Gym84m2

Elec Substation

85m2

StudioType 1116m2

Studio type 921m2

Studio type 120m2

Studio type 921m2

Studio type 921m2

Studio type 120m2

Studio type 120m2

Studio type 120m2

Accessible Studio 20m2

StudioType 1116m2

Accessible bedroom

8

ACCOMMODATION

TYPICAL UPPER FLOOR






studio22m2




Accessible bedroom

studio22m2

Service

Accessible bedroom

studiotype 218m2

StudioType 1116m2

StudioType 1116m2

studiotype 218m2

studiotype 218m2

StudioType 1116m2

Cleaners Store2m2

Comms


Accessible bedroom

Service

9

The University of Aberdeen was founded in 1495, it is the oldest university in Scotland and the 5th oldest in the UK. The university is home to 14,500 students of which 31% are from overseas and 28% of those studying are post-graduates. The university consistently ranks in the top 1% of universities in the world and is associated with 5 Nobel Prize winners. In 2018 the university ranked in the top 30 QS university rankings.

The medical school is Scotland’s top rated and 5th in the UK for medicine. Aberdeen is also among the UK’s top research universities with 76% of research assessed within the UK’s excellence framework classed as “world leading” or “ internationally excellent”.

RGU became a university in 1992 and has been in existence as an educational institution since the 18th Century. RGU has in the region of 16,700 students of which 62% are full time and 38% part time. Approximately 24% of the students are from overseas.

RGU has been awarded a Gold rating in the Teaching Excellence Framework (TEF), placing it in the top 20% of the best universities in the UK for the quality of its undergraduate teaching and learning.

Consistently ranked among the UK's top universities for graduate employment for many years, recent accolades have included:

• Top university in Scotland for Health Professions, Journalism, Architecture and Pharmacy. Top for graduate prospects – Guardian University Guide 2017

• Ranked 1st in Scotland for graduate prospects in 11 subject areas - The Complete University Guide 2017

• Ranked 5th in the UK for universities that do most to boost graduate salaries - The Economist 2017

FURTHER EDUCATION IN ABERDEEN

THE CITY OF ABERDEEN IS HOME TO TWO HIGHLY REGARDED UNIVERSITIES, THE UNIVERSITY OF ABERDEEN AND THE ROBERT GORDON UNIVERSITY (RGU).

10

Aberdeen’s purpose-built student accommodation market (PBSA) is one of the most active in Scotland and there is currently headroom for new delivery of PBSA within the city with a current ratio of 1.9 students per bed.

STUDENT ACCOMMODATION MARKET IN ABERDEEN

Name of Accommodation & Owner/Operator

Room Type Rent per week (51 weeks for studios/44 weeks for clusters)

The Combworks, George Street (Hines/CRM) En-suite Studio £135-£200Causway View, Causwayend (Unite) En-Suite Cluster

En-suite Studio

£125-£165

£170-£193Powis Place (Lothbury/We Are Homes for Students)

En-suite Cluster

En-suite Studio

£127-£154

£162-£180Pittodrie Street (Brookfield/Student Roost) En-suite Cluster

En-suite Studio

£129-£159

£179St Peters Studios (ESP/Hello Student) Classic En-suite Studio £167 Fraser Studios, Fraser Place (Prestige) En-suite Studio £129-£199

11

Messrs Ryden for themselves and for vendors or lessors of this property whose agents they are give notice that: (i) the particulars are set out as a general outline only for the guidance of intended purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract; (ii) all descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) no person in the employment of Messrs Ryden has any authority to make or give any representation or warranty whatever in relation to this property. September 2018.

12

OFFERSOffers are invited for the heritable interest in the site and should be submitted to the sole selling agents, Ryden.

FURTHER INFORMATIONFurther information and access to data room can be provided by contacting the sole selling agent, Ryden.

David Fraser T: 0131 4733273 E: [email protected]

Andrew Smith T: 01224 588886 E: [email protected]

for sale (1.06 acres) site: approx. 0.42 hectares...

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