Description
*IMMEDIATE INCOME PRODUCING INVESTMENT*. Tenanted, 3 storey, town centre licensed restaurant with settled tenant paying £28,800 per annum on FRI lease until March 2024. SUPER RETURN ON INVESTMENT.
FANTASTIC YIELD with settled tenant on 5 year lease trading extremely well from this location. Guaranteed rental of £28,000 per annum until 2024- Let to MMH K North Ltd t/a Spice Tandoori.
Super trading location in popular mixed residential and commercial location within the busy town centre. Significant shortage of comparable properties creating SIGNIFICANT DEMAND FOR RESTAURANTS.
TERRIFIC TOWN CENTRE LOCATION-Thurso is Scotland’s most northerly town and is situated on the north coast of Caithness. It is also one of the largest settlements on the North Coast 500 Route.
*IMMEDIATE INCOME PRODUCING INVESTMENT*. Tenanted, 3 storey, town centre licensed restaurant with settled tenant paying £28,800 per annum on FRI lease until March 2024. SUPER RETURN ON INVESTMENT. SUPER SIZE AND TRADING LOCATION IN BUSY TOWN CENTRE with extremely high high footfall. Three storey mid terraced building (2 storey and attic floor) measuring approximately 1,432 sqft. SUPER RETURNS FANTASTIC YIELD with settled tenant on 5 year lease trading extremely well from this location. Guaranteed rental of £28,000 per annum until 2024- Let to MMH K North Ltd t/a Spice Tandoori. Super trading location in popular mixed residential and commercial location within the busy town centre. Significant shortage of comparable properties creating SIGNIFICANT DEMAND FOR RESTAURANTS. TERRIFIC TOWN CENTRE LOCATION-Thurso is Scotland’s most northerly town and is situated on the north coast of Caithness. It is also one of the largest settlements on the North Coast 500 Route.
Thurso is Scotland’s most northerly town and is situated on the north coast of Caithness. It is approx. 100 miles north of Inverness and provides a good range of local services as well as providing a gateway to the Orkney Islands with a car ferry route from Scrabster (1.5miles to the north west). It is also one of the larger settlements on the North Coast 500 Route. It is close to the pedestrianised High Street.
Full Address: 18 Princess Street, Tenanted Investment, Thurso, Scottish Highlands, KW14 7BQ
Show MoreTenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)Length: March 2024
Rent: £28,800 per year / £2,400 per month
Yield: 17% (approx)
Tenant: Private Individual
Notes:
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Pricing Information & Bidding
Opening Bid: £170,000
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