Tenanted Commercial LOT 139

26 Broad Street, Fraserburgh, AB43 5AH
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Description

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

TENANTED INVESTMENT OPPORTUNITY*** located on Broad street of the affluent Fraserburgh. IMMEDIATE INCOME PRODUCING. let on a FRI lease currently producing £10,000 per annum with 5 years remaining

Tenant: Close To Next Gen Ltd t/a “Mobiles Factory Expiry: 17th April 2029 Passing Rent: £10,000p.a Rent Increase: April 2026 to £12,000p.a Tenant Break: 18th April 2027

The subjects have been measured on a Net Internal Area basis to extend to the following; Ground: 106.1sqm (1,142sq ft) Property benefits from great passing trade.

Property benefits from great passing trade. Tenant Operates Multiple Stores throughout Scotland. Sure to appeal to Investors looking for an attractive investment in sought after area.

Broad Street in Fraserburgh, Aberdeenshire, is one of the main streets in this bustling coastal town in northeast Scotland known for its mix of local independent shops, cafes, and essential services.

TENANTED INVESTMENT OPPORTUNITY*** located on Broad street of the affluent Fraserburgh. IMMEDIATE INCOME PRODUCING. let on a FRI lease currently producing £10,000 per annum with 5 years remaining. Tenant: Close To Next Gen Ltd t/a “Mobiles Factory Expiry: 17th April 2029 Passing Rent: £10,000p.a Rent Increase: April 2026 to £12,000p.a Tenant Break: 18th April 2027 The subjects have been measured on a Net Internal Area basis to extend to the following; Ground: 106.1sqm (1,142sq ft) Property benefits from great passing trade. Property benefits from great passing trade. Tenant Operates Multiple Stores throughout Scotland. Sure to appeal to Investors looking for an attractive investment in sought after area. Broad Street in Fraserburgh, Aberdeenshire, is one of the main streets in this bustling coastal town in northeast Scotland known for its mix of local independent shops, cafes, and essential services.

Broad Street in Fraserburgh, Aberdeenshire, is one of the main streets in this bustling coastal town in northeast Scotland. Fraserburgh, often called

Full Address: 26 Broad Street, Fraserburgh, AB43 5AH

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 5 Years
Rent: £10,000 per year / £833 per month
Yield: 11% (approx)
Tenant: Company
Notes: Tenant: Close To Next Gen Ltd t/a “Mobiles Factory Expiry: 17th April 2029 Passing Rent: £10,000p.a Rent Increase: April 2026 to £12,000p.a Tenant Break: 18th April 2027

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Pricing Information & Bidding

Opening Bid: £94,000

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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 £2,750 for on time settlement

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Auction Details

Date & Time: 05 December 2024, 10am-3pm
Type: Timed Online Auction

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