Leading independent commercial property consultancy Ryden has announced that prominent law firm Shepherd & Wedderburn has secured a 5,000 sq ft suite on the third floor of The Capitol, 431 Union Street, Aberdeen.
This significant letting coincides with a new programme of improvement works launched by the building’s new owners, DS properties, aimed at enhancing both the building iconic street presence and its premium working environment.
As a core element of these improvement works, the landlord is investing capital into creating dedicated “plug-and-play” suites tailored to accommodate occupiers of various sizes. This strategic investment ensures immediate turnkey solution for businesses seeking high specification, flexible workspaces.
The targeted renovations include the cleaning and restoration of the buildings striking 1930s Art Deco exterior. Rich in local heritage, the Category B listed building originally opened its doors on February 4, 1933, as a grand theatre and cinema.
In 2016, the property underwent a major, award-winning restoration that seamlessly married its classic features, including the preserved original Art Deco foyer, with a spectacular, modern Grade A office expansion.
The building now offers occupiers highly flexible floorplates, extensive secure parking, and top tier end of journey facilities designed to foster productivity, collaboration and employee wellbeing.
Arron Finnie, Office Agency Partner at Ryden and joint letting agent for The Capitol, said: “This letting reflects the continued demand for high-quality, well-connected workspace in Aberdeen. The Capitol combines a landmark city centre address with the flexibility and specification modern occupiers are looking for.
“As one of the city centre’s most recognisable buildings, The Capitol’s façade improvements will also have a real impact on Union Street, while its internal features are well suited to support business growth and attract and retain talent.”
Following Shepherd and Wedderburn’s arrival, availability within this landmark development is now extremely limited. Just one full floor remains available for lease, alongside the remaining half of the third floor, completing the floor already occupied by Shepherd and Wedderburn. This space is being actively marketed as part of the landlord’s new plug-and-play offerings.
These final opportunities offer occupiers a rare chance to secure premium workspace against a backdrop of panoramic city views within one of the city's most sought-after business addresses.
Ryden and joint letting agents Savills are marketing the final remaining suites, with flexible terms available to accommodate prospective occupiers. Ryden has also been appointed as the property manager for the building.