Description
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Tenanted
INCOME PRODUCING INVESTMENT****
Ground floor retail 99.06 sq m (1,067 sq ft) Extended FRI lease to 2030 producing £14,300 per annum.
IDEAL INVESTMENT
Let to Town & Country Leasing £14,300 pa extended by 5 years from Feb 25. Internally the unit is finished to a high standard with carpeted floor,
plasterboard walls and ceiling and fluorescent lights.
The property provides the following internal floor areas, measured in
accordance with the RICS Code of Measuring Practice (Sixth Edition).
Ground Floor Retail: 99.06 sq m (1,067 sq ft)
The property comprises a retail unit forming the ground floor of a
modern, detached two storey building. Internally, accommodation comprises sales/office area, kitchen and w/c
facilities.
Victoria Street is a key part of Inverurie’s town centre offering shops, businesses, and housing in a well-connected area. With easy access to Aberdeen a strong local economy and a welcoming community
INCOME PRODUCING INVESTMENT****
Ground floor retail 99.06 sq m (1,067 sq ft) Extended FRI lease to 2030 producing £14,300 per annum.
IDEAL INVESTMENT
Let to Town & Country Leasing £14,300 pa extended by 5 years from Feb 25. Internally the unit is finished to a high standard with carpeted floor,
plasterboard walls and ceiling and fluorescent lights.
The property provides the following internal floor areas, measured in
accordance with the RICS Code of Measuring Practice (Sixth Edition).
Ground Floor Retail: 99.06 sq m (1,067 sq ft)
The property comprises a retail unit forming the ground floor of a
modern, detached two storey building. Internally, accommodation comprises sales/office area, kitchen and w/c
facilities.
Victoria Street is a key part of Inverurie’s town centre offering shops, businesses, and housing in a well-connected area. With easy access to Aberdeen a strong local economy and a welcoming community
Victoria Street is one of the main streets in Inverurie, Aberdeenshire, providing a mix of shops, cafés, businesses, and residential properties. Inverurie itself is a thriving market town located about 16 miles northwest of Aberdeen, known for its history, strong local economy, and excellent transport links.
Regular rail services to Aberdeen, Dyce (for the airport), and Inverness.
Frequent bus routes to Aberdeen, Oldmeldrum, and Huntly.
The A96 runs through Inverurie, offering easy access to Aberdeen, Elgin, and the Highlands.
Full Address: 4 Victoria Street, Inverurie, AB51 3QS
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Map & Location
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Special Terms of Sale
-
Buyers Fee
(?) 2% of Sale Price (Minimum of £3250 +vat)
Please use our
PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.
Tenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)
Length: 5 Years
Rent: £14,300 per year / £1,192 per month
Yield: 10% (approx)
Tenant: Company
Notes: Let to Town & Country Leasing £14,300 pa extended by 5 years from Feb 25.
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Pricing Information & Bidding
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SPECIAL Terms of Sale
- 10% Deposit
- Buyers Fee = 2% of Sale Price (Minimum £3,250 + vat)
- 4 Weeks Completion or Longer By Agreement
- Contribution to Sellers Costs £2,750 for on time settlement
VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.
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Please use our
PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.
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Auction Details
Date & Time: 24 April 2025, 10am-3pm
Type: Timed Online Auction
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