A historic office block which played host to one of Aberdeen's greatest business success stories has hit the market for £1.275million.
Prince Arthur House - from which Martin Gilbert, George Scott and Ronnie Scott Brown made Aberdeen Asset management (now abrdn) a global name - has been put up for sale.
The Queens Terrace complex was vacated by abrdn last year and has been renovated and re-let to engineering consultants Apollo on a 10-year lease.
The West End property overlooks the picturesque Queen's Terrace Gardens and is surrounded by premium offices, coffee shops and hotels.
At launch in 1983, Aberdeen AM consisted of the partners and some administrative support. It had assets under management (AUM) of £70million and in its first year reported a profit of £87million.
In 2016, the year before its merger with Standard Life, Aberdeen’s AUM was £312billion and its profit was £353million.
The sale of Prince Arthur House is being led by CBRE.
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