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Description
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Tenanted
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: 20% (approx)
Tenant: Private Individual
Notes:
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Pricing Information & Bidding
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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VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.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: 16 May 2024, 10am-3pm
Type: Timed Online Auction
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