Timed Online Auction

21 October 2021, 10am-3pm

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

Description

Full Address: 12 Main Street, Former TSB Bank Building, Turriff, AB53 4AD

Former TSB Bank in Excellent Town Centre Location. Comprising circa 2,000 sq ft over 2 floors with realistic rental potential of up to 17,000 PER ANNUM. Fantastic Investment Opportunity

Property split over ground and first floor. Ground floor approx. 1,249 Sq. Ft formerly used as a large banking hall and the First Floor approx. 640 Sq. Ft comprises office space, W/C and kitchen area

DEVELOPMENT POTENTIAL with the opportunity to split the property to retain commercial/retail premises on ground floor and develop the upper floors to residential (subject to gaining necessary consents

Ideal RENTAL property or potential to be split into 2/3 units or change of use to RESTAURANT / TAKE-AWAY (subject to gaining consents).

PROMINANT TRADING POSITION within extremely popular town centre. Located on the east side of Main Street which is one of the main thoroughfares.

Former TSB Bank in Excellent Town Centre Location. Realistic Rental potential of up to 17,000 Per Annum. Ideal RENTAL property or potential to be split into 2/3 units or change of use to RESTAURANT / TAKE-AWAY (subject to gaining consents). DEVELOPMENT POTENTIAL with the opportunity to split the property to retain commercial/retail premises on ground floor and develop the upper floors to residential (subject to gaining necessary consents). ALMOST NO VACANT PROPERTIES IN TURIFF OF THIS SIZE WOULD LET WELL. Super setting in market town. Occupies ground and first floor. SUBSTANTIAL AREA. Approx. size; Ground Floor 1,249 Sq. Ft. First Floor 640 Sq. Ft. Fantastic town centre trading location. Recommended investment purchase which would let well to tenants given size / location / the lack of vacant properties in the vicinity.

Turriff is a busy town and is a service centre for north Aberdeenshire. It has a population of circa 5,000 and its facilities include a wide range of shops, primary & secondary schools, a local hospital, a major supermarket, an extensive industrial estate, a swimming pool and a sports centre. Dyce is 30 MILES and Aberdeen Airport and Aberdeen (35 MILES). The coastal town of Banff & the dramatic North Aberdeenshire Coastal Trail are 15 miles to the north. Super spot close to Boots, Co-operative Food, Brown Mcrae Solicitors, Alliance and Leicester, RS Mccolls, various banks, Tesco Extra etc. ALMOST NO VACANT PROPERTIES IN TURIFF OF THIS SIZE WOULD LET WELL.

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Location

Pricing Information & Bidding

Opening Bid: £69,000

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 = 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: 21 October 2021, 10am-3pm
Type: Timed Online Auction

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