Aberdeen's Union Street sees a surge in vacant properties as closures mount.
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The iconic Union Street in Aberdeen is facing a troubling increase in vacant properties, as recent closures of prominent businesses have left noticeable gaps in the city’s commercial landscape. According to new data from FG Burnett, the percentage of empty units has risen from 18% to 21%, marking a significant setback for the area that had shown signs of recovery in the previous year.
Impact of business closures on Union Street
Among the notable closures are the former Royal Bank of Scotland, VisitScotland’s tourist information office, and popular retail outlets like Bravissimo and SK:N. These departures have not only contributed to the rising vacancy rate but have also sparked concerns about the future of retail on Union Street.
The closure of the RBS branch at St Nicholas Square has been particularly impactful, leaving a substantial void in the high street’s appeal.
Factors contributing to the decline
FG Burnett attributes the increase in empty units to a combination of factors, including the implementation of bus gates, the low-emission zone, and ongoing roadworks that have disrupted traffic flow and accessibility. These changes have adversely affected customer experience, making it more challenging for businesses to attract foot traffic. Furthermore, the closure of the tourist information hub has raised eyebrows, especially as Aberdeen anticipates a surge in cruise ship visitors this summer.
Future prospects for Union Street
Despite the current downturn, there is a glimmer of hope for Union Street. FG Burnett remains optimistic about the high street’s potential, citing interest from new businesses looking to establish themselves in the area. American fast-food chain Wendy’s is set to take over the premises currently occupied by JD Sports, and there are plans to convert former bank properties into restaurants and residential flats. This shift could breathe new life into the street, provided that property owners are willing to negotiate on rents and improve the condition of their premises.
Bob Keiller, the head of Our Union Street, echoed this sentiment, stating that while many empty units are in reasonable condition, some require significant upgrades. He emphasized the need for determined champions to drive sustainable ideas that can revitalize the city center. As Aberdeen prepares for a busy summer with an influx of tourists, the hope is that Union Street can rebound and reclaim its status as a vibrant shopping destination.
