Aberdeen office building hits the market

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The 13,000 sq ft Crown House office building at Arnhall Business Park in Aberdeen has hit the market with a price tag of £1.9m. 

The EPC A-rated two-storey building, which has recently undergone a refurbishment, is currently occupied by international insurance group Marsh McLennan and Pale Blue Dot Energy.

Matthew Park, partner at Knight Frank Aberdeen, which has been appointed to market the opportunity, said: “Crown House is a great opportunity to acquire a modern, income-producing office building at an attractive yield. The strong tenant covenants, with both companies having long-term commitments to Aberdeen, also provide a greater degree of assurance for investors.

“Aberdeen is emerging as the most liquid market in Scotland, with buyer and vendor expectations broadly aligned, and we believe Crown House is well positioned to benefit from this trend.”

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