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Description

• Status: Available
• Type: Commercial

• Ownership: Freehold
• Occupation: Tenanted

• Rateable Value: Search

TENANTED INVESTMENT OPPORTUNITY*** Ground floor retail unit in BUSY TOWN CENTRE LOCATION.IMMEDIATE RENTAL INCOME OF £9,000 Per Annum. *** THIS PROPERTY PREVIOUSLY SOLD FOR £350,000 ***

Ground floor commercial premises. Internally the property comprises; sales area, stock area, staff kitchen and w/c. Unit extends to approx. 1,032 sq.ft.

PROMINENT FRONTAGE** Located in Peterhead TOWN CENTRE within the BUSY pedestrianised section of Marischal Street.

EXCELLENT TRADING LOCATION. Nearby occupiers include Nationwide Building Society, WH Smith, arc Cinema, Boots and Iceland.

The town has a resident population of circa 24,000 persons & enjoys a strong catchment given the drive time to Aberdeen. Peterhead is located approximately 32 miles north of Aberdeen.

PERFECT INVESTMENT OPPORTUNITY*** Ground floor retail unit in BUSY TOWN CENTRE LOCATION. Ground floor commercial premises. Internally the property comprises; sales area, stock area, staff kitchen and w/c. Unit extends to approx. 1,032 sq.ft. POMINENT FRONTAGE** Located in Peterhead TOWN CENTRE within the BUSY pedestrianised section of Marischal Street. EXCELLENT TRADING LOCATION. Nearby occupiers include Nationwide Building Society, WH Smith, arc Cinema, Boots and Iceland. *** THIS PROPERTY PREVIOUSLY SOLD FOR £350,000 ***

The town has a resident population of circa 24,000 persons & enjoys a strong catchment given the drive time to Aberdeen. Peterhead is located approximately 32 miles north of Aberdeen.

Full Address: 41 Marischal Street, Peterhead, AB24 1BS

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Tenancy Details

Type of Agreement: Basic Lease
Length: until 4th October 2024
Rent: £9,000 per year / £750 per month
Yield: 19% (approx)
Tenant: Private Individual
Notes:

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(Available) Legal Pack (Available)

Pricing Information & Bidding

Opening Bid: £48,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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SPECIAL Terms of Sale

• 10% Deposit
• Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
• 4 Weeks Completion or Longer By Agreement
• Contribution to Sellers Costs £1,750 for on time settlement

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

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Buy Now Price = £59,000

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Auction Details

Date & Time: 02 May 2024, 10am-3pm
Type: Timed Online Auction

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