Tenanted Commercial Property LOT 2

51 High Street, Granton on Spey, PH26 3EG
GUIDE PRICE

Deadline for Offers

30 September 2021, 3pm

Bidding Closes in

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  • TypeCommercial
  • Ownership Freehold
  • Occupation Tenanted
  • Rateable Value Search SAA

Description

Full Address: 51 High Street, Granton on Spey, PH26 3EG

Large High Street Commercial Unit complete with Triple Display Windows and Hot Food Potential ( subject to researching and gaining necessary consents. Currently let at 10,000 per annum

Excellent Opportunity to acquire large commercial property on the High street of a highly sought after town. Property extends to 712 sq ft (69.12 sq m). V.A.T. Free Investment

**IMMEDIATE INCOME PRODUCING INVESTMENT 10,000 PA** This spectacular opportunity located within a highly desirable district comprises open plan sales area. Property has a rateable value of 8,000.

Expected to attract substantial from Buy to Let Investor, Hot Food takeaway operators and Property Developers. ***EARLY OFFERS CONSIDERED ***

Neighbouring occupiers include Lloyds Pharmacy, Walkers Shortbread, Gand View Care Home and the Ben Mhor Hotel.

Large High Street Commercial Unit complete with Triple Display Windows and Hot Food Potential ( subject to researching and gaining necessary consents. Currently let at 10,000 per annum. The property comprises an end terraced, ground floor commercial unit set within a 2 storey mixed use development of stone construction surmounted by a pitched roof with dormers overlaid in slate. The unit under consideration offers triple, floor to ceiling display windows with marble clad frames, and access via a steel framed and glazed entrance door. Internally, the property has been fitted out by the tenant to suit their requirements with an open plan sales area to the front with a variance of floor coverings such as carpet and linoleum with lighting provided by way of halogen spots and fluorescent strips within the suspended ceiling. Excellent Opportunity to acquire large commercial property on the High street of a highly sought after town. Property extends to 712 sq ft (69.12 sq m). V.A.T. Free Investment Expected to attract substantial from Buy to Let Investor, Hot Food takeaway operators and Property Developers. ***EARLY OFFERS CONSIDERED ***

The property is situated on a the north side of High Street in Grantown On Spey, in the north of Scotland. Grab town On Spey is a town in the Highlands, situated on the northern edge of the Cairngorm mountain range within the cairngorm national park area, approximately 20miles south east of Inverness. Neighbouring occupiers include Lloyds Pharmacy, Walkers Shortbread, Gand View Care Home and the Ben Mhor Hotel. Situated within the Cairngorms National Park Grantown is the Capital of Strathspey and a leading tourist resort. It has a fine shopping centre, first class hotels and guest houses, Primary and Grammar schools offering education to university entrance standard, Cottage Hospital and Health Centre. Sporting facilities include 18 hole golf course, superb leisure centre with 4 court sports hall, climbing wall, fitness suite and 20m pool, excellent Salmon and Trout fishing in the River Spey and other waters, 8 tennis courts, bowling green, children's recreation park and forest walks through Grant Park. There are many places of interest to visit in the area with Grantown being the gateway to the Malt Whisky Trail. The Grantown Heritage Centre is open through the summer and Highland Games are held at different venues throughout the Spey Valley.

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: Expires May 2026
Rent: 10,000 per year / 833 per month
Yield: 8% (approx)
Tenant: Private Individual
Notes: Tenant: Personal Name - Operating as a gift shop Expiry: 16th May 2026 Rent: 10,000per annum

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Location

Pricing Information & Bidding

Guide Price: £120,000


What is a Guide Price... Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change prior to the auction.

Offer Now... You may submit an offer now on this property for the owner to consider ahead of the set auction. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 2.5% of Sale Price (Minimum £2,500 + vat)

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

Auction Details

Date & Time: 30 September 2021, 3pm
Type: Deadline for Offers

View Full Auction Catalogue

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