BID NOW AVAILABLE - You can submit an offer now on this lot for the seller to consider...

Lot 20

Guide Price: £36,500 - Bid Now

19-21 Broad Street, Fraserburgh, AB43 9AE


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Key Features:

2 UPPER FLOORS - 1st Floor and Attic Flats (2 flats requiring upgrading) above Card Factory adjacent M & Co at 19-21 Broad Street 100% prime location


  • The upper floors have residential development potential with the current property split into two flats. The upper floors require refurbishment. 1ST FLOOR - 108.18 sq.m (1165 sq.ft). 2ND FLOOR - 92.40 sq.m (995 sq.ft).
  • IDEAL DEVELOPMENT /RENTAL OPPORTUNITY. Super spot with 0 vacancies next door to BOOTS, CARD FACTORY, ICELAND, SEMI-CHEM. Rental potential when refurbished £475 per month per flat (£5700 per annum) per flat x 2 = £11,400 p.a rental.
  • Long term investment with the property prominently located in the town centre on the BUSIER east side of Broad Street, the town’s principal retailing thoroughfare facing WILLIAM HILL, CANCER RESEARCH & SUPERDRUG. RESALE VALUE WHEN REFURBISHED £80,000 PER FLAT £160,000 IDEAL DEVELOPMENT OPPORTUNITY.
  • Fraserburgh is a busy fishing town in the area of Aberdeenshire. Roughly 40 miles from Aberdeen, the town has good travel links with train and bus routes, education and leisure facilities.


Ownership

Freehold

- Outright ownership of the property and land on which it stands.
Occupation

Vacant

- Full vacant possession offered at time of completion.
Rateable Value

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- Click the above link to automatically search the latest records for this post code. The Scottish Assessors’ Portal provides details of Council Tax Bands and Rateable Values for all properties in Scotland.


Further Details:

IDEAL DEVELOPMENT OPPORTUNITY. 2 UPPER FLOORS - 1st Floor and Attic Flats (2 flats requiring upgrading) above Card Factory adjacent M & Co at 19-21 Broad Street 100% prime location. The upper floors have residential development potential with the current property split into two flats. The upper floors require refurbishment. 1ST FLOOR - 108.18 sq.m (1165 sq.ft). 2ND FLOOR - 92.40 sq.m (995 sq.ft). IDEAL DEVELOPMENT /RENTAL OPPORTUNITY. Super spot with 0 vacancies next door to BOOTS, CARD FACTORY, ICELAND, SEMI-CHEM. Rental potential when refurbished £475 per month per flat (£5700 per annum) per flat x 2 = £11,400 p.a rental. Ideal long term investment with the property prominently located in the town centre on the BUSIER east side of Broad Street, the town’s principal retailing thoroughfare facing WILLIAM HILL, CANCER RESEARCH & SUPERDRUG. RESALE VALUE WHEN REFURBISHED £80,000 PER FLAT £160,000 IDEAL DEVELOPMENT OPPORTUNITY.

Guide Price: £36,500 - Bid Now


What is a Guide Price...

Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set no more than 10% above or below the advertised guide price.

Bid Now Explained...

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.

Map & Location:


Fraserburgh is located approximately 40 miles north of Aberdeen and 17 miles north of Peterhead. It is a traditional fishing town and is the largest shellfish port in Europe. The town is the second largest in Aberdeenshire with a population of circa 13,000 and an economy which is based on fishing and engineering. It is also a key centre for commercial and public service facilities. The subject property is located in the town’s prime retail pitch being situated in the same run as Boots, Card Factory and Iceland. 100% PRIME SPOT IN THE TOWN 0 EMPTY VACANCIES AROUND.

Viewings:


Internal Open Viewings...


This property may be open for internal viewings at specified times which will be listed on this page when available. You do not need to register to attend these viewings, you can simply turn up as the property will be open during the scheduled times. Our viewing agent will be present to answer any of your questions and provide auction catalogues to viewers.

External Viewings Anytime...


You may view this property externally at any time. Please make sure that if the property is occupied or tenanted that you respect the privacy of the occupants. Additionally we advise that you print a copy of this schedule and take it with you in case of any neighbours questioning you at the property as to your intentions.

Auction Details:



  • Auction Date...

    22 October 2018


  • Start Time...

    7.00pm


  • Auction Location...

  • Glasgow Radisson Hotel

  • 301 Argyle Street, G2 8DL


Directions...

Glasgow Radisson | Edinburgh Marriott


Registration...

You will need to be at the auction prior to the 7.00pm start time in order to register & make your way to the auction room. Bidding registration opens from 6:00pm. You will be required to present Photo ID and provide your contact and solicitor details in order to register.

Legal Packs...

All legal packs will be available for inspection at our offices on the day of the auction and at the auction hall from 6:00pm.

Deposits...

If you are a successful purchaser of a lot then a deposit of 10% (minimum £3,000 or lower if specified) will be required. The deposit is accepted by the following methods:

Deposit Method...

Switch, Debit Card, Credit Card, Cash or Bankers Draft accepted only. Next Day Bank Transfer by prior arrangement only.

How To Bid:


Offer Now...

You may submit an offer now on any of our live properties for the sellers to consider. If they are will are willing to sell you the property now then it is a matter of making the 10% deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Bid Live in Person...

Easily the best method is to attend the auction in person. The Glasgow Radisson is conveniently located in the Glasgow City Centre, a short walk from the Central Train Station and easily accessed from the M8 Motorway. The Edinburgh Marriott Hotel is conveniently located just minutes from Edinburgh Airport and the city centre.

Bid by Phone Live...

If you cant make the auction in person you can still make a live bid by telephone for this property. You will give instruction live over the phone with one of our staff in the room who will bid on your behalf and relay activity in the auction room. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...
Proxy & Phone bidders phone... Download the Telephone Bidders Form

Bid by Proxy... (Ebay Style Highest Bid)

This is another option if you cannot make the auction in person. A Proxy bid is where you will leave your highest maximum bid for the property and the auctioneer will bid on your behalf. You will only ever bid one increment higher than the previous bidder. Proxy bidding rules out any potential issues with telephone reception or nerves regarding bidding in person or by telephone. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...

Proxy & Phone bidders phone... Download the Proxy Bidders Form