Previous planning consent granted for conversion to 255 bed boutique hotel however potential for alternative uses such as residential conversion to provide c.85 units Situated in city centre zone which benefits from Aberdeen City Council’s Affordable Housing Waiver, opposite the city centre’s first Build to Rent development Schoolhill building is Grade B listed and overlooks Aberdeen Art Gallery, His Majesty’s Theatre and regenerated Union Terrace Gardens Close proximity to Aberdeen’s main retail offering and its new prime office and leisure destination, Marischal Square 88,794 sq ft of accommodation arranged over two buildings with joining courtyard. • Aberdeen City Council’s 25 year city centre masterplan has already delivered £50m investment in Aberdeen Art Gallery, Music Hall and Provost Skene’s House with a further £200m to be invested in the regeneration of Union Terrace Gardens, Aberdeen International Food Market and Beach masterplan • Recently completed P&J Live provides world class conference and exhibition facilities, with a 15,000 capacity arena as part of a wider £350m regional development • Work has commenced on delivery of a new £125m Energy Transition Zone adjacent to Port of Aberdeen’s £400m new state of the art South Harbour • Aberdeen & Grampian Chamber of Commerce report £12.33 billion of current and pipeline investment projects in the region, VIEW REPORT AT - https://www.agcc.co.uk/images/Investment-Tracker-2022-Online-final.pdf Conditional Planning Permission was granted in 2015 for change of use of the buildings to create a 255-bed boutique hotel with restaurant, bar, function suite, meet space and gym. Full details of the historic permission can be found on Aberdeen City Council’s planning portal reference 150513. Architects Halliday Fraser Munro have recently prepared an alternative feasibility study which shows potential to create the following 85 residential unit & retail conversion; Aberdeen is Scotland’s third largest city with a population of 220,000 and a regional catchment of 500,000. The city is globally recognised as the Energy Capital of Europe and is transitioning to become Europe’s Net Zero Capital, being at the forefront of a Global Energy Transition to a lower carbon world. The city is an internationally recognised business destination with excellent academic and research capabilities and a highly skilled workforce. The city benefits from two highly regarded Universities; The University of Aberdeen and Robert Gordon University Full Address: 54-70 Schoolhill and The Clarke Building, Harriet St, Aberdeen, AB10 1JQ