A prestigious Aberdeen location is to be given a major revamp to create modern office space with capacity for 300 workers.
The property at 1-5 Albyn Place will be rebranded The Hive promises a modern working space with 85 city centre parking spaces and communal spaces to promote collaborative working.
It will include an overhaul of the entrance, and cleaning and pointing of the granite façade.
Property developer Carden Place Partnership Ltd says its suites ranging from 2,000 sq ft will be ready for tenants from June.
Chris Grinyer, managing partner at Shepherd Chartered Surveyor said, “The address is one of the most sought-after buildings in Aberdeen.
"Following its refurbishment, the property will have the classic charm and prestige of a West End office but with the modern facilities required by today’s businesses.
“Having 85 car parking spaces which is unheard of in the city centre, this has been a massive plus point for all interested parties. It’s no surprise that we’ve had a high level of interest within weeks of the property returning to the market.”
Legal, oil and gas, and finance businesses have already shown interest in the development.
Jonathan Harper, director at Carden Place Partnership said, “Times have changed in Aberdeen and it’s important that we adapt to meet our tenants’ expectations. With collaborative, flexible working on the rise, the need for open plan work spaces has increased.
“This address has always acted as a benchmark for the commercial property market within Aberdeen. We are proud to see it return and hope to attract new businesses to the West End by offering alternative city centre business space.”
