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Description

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

SUBSTANTIAL sized portfolio of Retail/Office premises located within Peterhead TOWN CENTRE. Rental Potential up to £35,000 pa. This property previously sold at £675,000.

Two interconnected Retail/Office Premise units Arranged over ground, first & attic floors. Ground Floor 127.44m 1,372sq ft First Floor 93.86m 1,010sq ft Attic 44.50m 479sq ft Total 265.80m 2,861sq ft.

***EXCELLENT LOCATION in the heart of Peterhead. May be suitable for multiple uses. Upper floors were previously 4 residential flats - Potential to convert to residential (subject to consents).

SUPER SIZE AND LOCATION*** located on the north side of Queen Street close to its junction with Backgate and Back Street.

Peterhead has a population of circa 20,000 is the shopping, commercial and administrative centre of North Aberdeenshire. The town benefits from good road links with the A950 and the A982.

The subjects comprise two interconnected mid-terraced traditional properties comprising retail at ground floor and offices at upper levels. There is a change in level between the properties. The buildings are both of two storey and attic mid-terraced design that have been extended to the rear. Access into the property is via three pedestrian doors to the front elevation and there is also a fire escape door to the rear into common garden ground. 8 Queen Street is has a timber and carpeted floors, plasterboard walls and ceilings and fluorescent strip lighting. This area is split to give a front shop along with two separate internal office areas, one with a WC off. 10 Queen Street has laminate floors, plasterboard and painted walls and an acoustic tile ceiling with inset LED panel lights. A pedestrian door from this area gives access down into a small rear storage area. A door from Number 10 gives access to a stairwell serving the upper levels. Each building provides office accommodation at first floor and storage/staff accommodation at attic level. There is a change in level between each building, and all connected by a number of different staircases. Floors throughout are timber overlaid predominantly in carpet, whilst walls and ceilings are predominantly plasterboard, albeit within some areas are of acoustic tile design with inset lighting. Access into the property is via three pedestrian doors to the front elevation and there is also a fire escape door to the rear into common garden ground.

The property can be found within the coastal town of Peterhead, which stands around 33 miles north of Aberdeen and represents one of Aberdeenshire’s principle service and employment centres. The town has a varied economic base with major employment opportunities being in fishing, onshore support for the oil industry, manufacturing, food processing, textiles and the service industries. The population is understood to stand at around 20,000. The subjects are located on the north side of Queen Street close to its junction with Backgate and Back Street. The ground floors within the surrounding area is predominantly retail or commercial with the upper levels being a mixture of residential and offices uses. On-street car parking is available within the immediate vicinity

Full Address: 8-12 Queen St, Commercial Portfolio, Peterhead, AB42 1TS

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Pricing Information & Bidding

Opening Bid: £85,000

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: 18 September 2025, 12pm
Type: Timed Online Auction

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