Waterstones Aberdeen to move to new premises

Waterstones in Aberdeen is to move to a new premises in the Bon Accord shopping centre in spring 2018.

All of the retailer's booksellers from its current Union Street location will transfer to the new shop, which will trade over two floors and include a café.

Waterstones anticipates opening in time for Easter 2018 but will confirm exact dates closer to the time.

Catherine Rees, head of property at Waterstones, said: “We are very excited to be opening in Bon Accord and hope this move to a new venue will be complemented by the new developments in the coming years.”

The news comes after Waterstones announced it was to open five new stores across the UK in time for Christmas. The new locations are in St Neots, Epsom, Deal in Kent, Weybridge and London’s Blackheath.

The new openings mean the retailer will have opened 20 new stores since it was bought by Russian oligarch Alexander Mamut from the HMV Group in 2011 and follows Waterstones’ return to profit for the first time under its current ownership earlier this year.

Mamut is reportedly exploring a £250m sale of the chain via corporate financiers N M Rothschild.