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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Vacant

RESIDENTIAL DEVELOPMENT OPPORTUNITY Former Bar - Full building TWO STOREY WITH BASEMENT The bar can be accessed from both Broad Street and Shore Street. Ideally located in the heart of the town.

Planning permission has been approved for the bars to be converted into two spacious flats. This would be an ideal conversion project. Planning Ref: APP/2018/2072

Property has been stripped ready for conversion. Estimated rental for 2 bedroom flats in the area - £650pcm Estimated rental for 3 bedroom 750pcm MASSIVE RETURN ON DEVELOPMENT.

HUGE potential for developers. Excellent location in the bustling coastal town in Aberdeenshire. Close to local and national amenities.

Broad Street in Fraserburgh is a vibrant and integral part of the town, blending historical charm with modern convenience.

RESIDENTIAL DEVELOPMENT OPPORTUNITY Former Bar - Full building TWO STOREY WITH BASEMENT - The bar can be accessed from both Broad Street and Shore Street. Ideally located in the heart of the town. Planning permission has been approved for the bars to be converted into two spacious flats. This would be an ideal conversion project. Planning Ref: APP/2018/2072 Property has been stripped ready for conversion. Estimated rental for 2 bedroom flats in the area - £650pcm Estimated rental for 3 bedroom £750pcm MASSIVE RETURN ON DEVELOPMENT. HUGE potential for developers. Excellent location in the bustling coastal town in Aberdeenshire. Close to local and national amenities. Broad Street in Fraserburgh is a vibrant and integral part of the town, blending historical charm with modern convenience. Link to Planning Docs: https://upa.aberdeenshire.gov.uk/online-applications/applicationDetails.do?keyVal=PDV09FCA00I00&activeTab=summary

Maps & Location

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Broad Street in Fraserburgh, a bustling coastal town in Aberdeenshire, is a central hub for shopping, local businesses, and community activities. With its mix of historical significance and modern amenities, Broad Street plays a key role in the town's day-to-day life. Broad Street features a variety of local stores offering clothing, gifts, home goods, and everyday essentials. Many shops highlight Fraserburgh’s maritime heritage through locally crafted souvenirs and products. Central Location: Broad Street is easy to navigate and is a key thoroughfare in Fraserburgh. As one of Fraserburgh's main commercial streets, Broad Street supports the local economy by attracting shoppers and businesses. Its connection to Fraserburgh’s fishing industry and tourism contributes to the town’s growth and sustainability. Public Transport: Regular bus services connect Fraserburgh to surrounding towns and cities like Aberdeen. Parking: Several parking facilities are available nearby, accommodating shoppers and visitors.

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Pricing Information & Bidding

Opening Bid: £30,000

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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Terms & Conditions of Sale

  • 10% Deposit (Minimum £3,000)
  • Standard Completion (Unless specified differently in any Special Conditions of Sale)
  • Buyers Fee = 1% of Sale Price (Minimum £2,500 + vat)

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    STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer for each property which may differ in deposit amount, completion and buyers fee.

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General Terms & Conditions of Sale
Lot Specific Terms - 45Broad Street, Residential Development, Fraserburgh






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