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Description

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

VAT FREE INVESTMENT OPPORTUNITY IN THE HEART OF PETERHEAD. Former nightclub premises with Class 11 (assembly and leisure) and Class 3 (food and drink) consents. Potential rental of £25,000 p.a

SUPER SIZE IN PRIME TRADING LOCATION WITHIN BUSY TOWN CENTRE directly above the New Brewdog Pub and Restaurant. Measuring approximately 250sqm (over 2,800sqft) offering potential for multiple uses.

Major renovation works carried out by current owner with new windows recently installed and property completely stripped back ready for completion by new occupier. HIGH DEMAND FOR PREMISES LOCALLY

Ideal Coffee House/Public House/Retail use. The property has most recently traded as a Nightclub, although would lend itself to numerous other uses *RENTAL POTENTIAL of £25,000 per annum. *

100% Prime location sits directly above the busy BREWDOG PUB/RESTURANT opposite Drummers Corner (NEW LOOK / ARGOS) adjacent WH SMITH, NATIONWIDE, SUPERDRUG.

PRIME INVESTMENT OPPORTUNITY IN THE HEART OF PETERHEAD TOWN CENTRE Former nightclub premises with Class 11 (assembly and leisure) and Class 3 (food and drink) consents. Potential rental of £25,000 p.a SUPER SIZE IN PRIME TRADING LOCATION WITHIN BUSY TOWN CENTRE directly above the New Brewdog Pub and Restaurant. Measuring approximately 250sqm (over 2,800sqft) offering potential for multiple uses. Major renovation works carried out by current owner with new windows recently installed and property completely stripped back ready for completion by new occupier. HIGH DEMAND FOR PREMISES LOCALLY Ideal Coffee House/Public House/Retail use. The property has most recently traded as a Nightclub, although would lend itself to numerous other uses *RENTAL POTENTIAL of £25,000 per annum. * 100% Prime location sits directly above the busy BREWDOG PUB/RESTURANT opposite Drummers Corner (NEW LOOK / ARGOS) adjacent WH SMITH, NATIONWIDE, SUPERDRUG. The property qualifies for 100% rates relief for small businesses so offers additional investment value.

The premises are located on the main stretch of Marischal Street, occupying a prime location with in the Town, above the recently opened Brewdog premises. Peterhead is Aberdeenshire's second biggest town with a population of approximately 20,000. The local industry is mainly tourism and fishing - with Aberdeen itself approximately one hours drive away, offering commuting distance. Close by are many amenities including shops, supermarkets, bars and restaurants, with world famous seafood available in the harbour. Local pursuits include yachting, canoeing, hillwalking, shooting/hunting, golf and fishing, making the town ideal for the outdoor enthusiast. Peterhead is currently undergoing massive development and regeneration with 800 new home being built locally within a short distance of the town centre and the transformation of the town centre underway with new podium and raised stage being completed to provide a live music venue almost directly opposite the premises.

Full Address: 57-61 Marischal Street, Peterhead, AB42 1PR

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Pricing Information & Bidding

Opening Bid: £60,000

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 of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 02 May 2024, 10am-3pm
Type: Timed Online Auction

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