The commercial section of the property has been equipped for a restaurant venture, although it is currently leased as a retail shop. Realistic rental income for a 4 bed flat of upto £13,200 annually.

Shop entrance with quadruple window display. Prominent high visibility unit. HIGH FOOTFALL STREET with parking and benefits from prominent display frontage.

Ideally placed to capitalise on the high visitor numbers to the town. Banff is located 20 miles west of Fraserburgh and 45 miles north-west of Aberdeen

*PRIME COMMERCIAL INVESTMENT* mixed commercial / residential investment opportunity in Low Street, Banff. Potential rental of up to £50,000 annually. Potential for Restaurant commercial property and four bed apartment. Property Details COMMERCIAL PREMISES ALONGSIDE A SPACIOUS UPPER APARTMENT! Unique auction property offering a blend of commercial potential and residential comfort in the delightful setting of Low Street in Banff. This distinctive property features a commercial premises alongside a spacious upper apartment boasting four bedrooms. The commercial section of the property has been equipped for a restaurant venture, although it is currently leased as a retail shop. Its versatile layout offers a prime opportunity for a new owner to explore various business prospects while enjoying the convenience of living on the premises if the wished or producing additional income through letting the flat. Realistic rental income for a 4 bedroom property would produce up to £1100 per calendar month, giving an annual income of £13,200 annually. POTENTIAL HIGH YIELD INVESTMENT. The four-bedroom upper apartment has already received some upgrades, with a newly renovated kitchen awaiting its new owner's personal touch. The property's expansive living space presents an ideal canvas for further enhancement and customization to suit individual preferences and requirements. The retail unit exudes a charming ambiance, providing a generous area for business operations. The current owner had envisioned transforming this space into a thriving restaurant, with the lower floor accommodating the kitchen facilities. The well-equipped kitchen caters to a variety of culinary needs and is complemented by ample storage in the basement, along with separate facilities for ladies and gents. Noteworthy features of the property include gas central heating, a garage, and designated parking spaces for added convenience. Being a listed property, it holds a special charm that reflects its historical significance and architectural character. This property presents an attractive investment opportunity for savvy investors or aspiring entrepreneurs seeking a ready-made setup with the potential for lucrative returns.

Banff is an attractive coastal town with a population of 4,000, located on the west side of Banff Bay, at the mouth of the River Deveron, and lies opposite MacDuff, a fishing town of a similar size. Established in the 12th century and awarded Royal Burgh status, Banff has an historic central part which includes a wide variety of buildings dating from the 16th to the 20th centuries. The town has an extensive retail centre and is a popular summer tourist destination, forming part of the stunning Coastal Trail along the North-East coast. It has outstanding recreational facilities, including a high quality 18 hole golf course, a sailing marina, Duff House a magnificent Georgian property which is an outstation of the National Galleries of Scotland and salmon fishing. Banff is a vibrant town located on the coast of Aberdeenshire which is one of the fastest growing regions in Scotland. Banff is a coastal town in Scotland, located approximately 20 miles west of Fraserburgh and 45 miles north-west of Aberdeen. The property is situated on a prominent corner position on the east side of Low Street, less than 0.2 miles to Banff Bay beach. Nearby occupiers include McColl's Royal Mail, and various independent shops, cafe's, restaurants and hotels. The area has a strong economy based on major industries including: Oil & Gas off the North Coats of Scotland, Agriculture, Whisky distilling, Renewable Energy and tourism.

Full Address: 12 and 16a Low Street, Banff, Aberdeenshire, AB45 1AS