18 Princess Street, Thurso, KW14 7BQ

Description

• PRIME NEW LISTING. We are excited to present this tenanted commercial opportunity located within a prime location in Thurso.

• *Charming 2-story building featuring a welcoming ground floor entrance and well-maintained toilets, a spacious dining area on the second floor accommodating up to 46 people with a cosy bar and waiting area*

• Currently operating as a LICENSED RESTAURANT, this property is generating a steady rental income of £2400 per month, totalling £28,800 annually, promising a robust return on investment.Securing this property at the guide price could yield a remarkable gross return of 10.4%.

• This property offers a hassle-free, long-term investment, with a secure lease in place until 2034. It's crafted to appeal to savvy investors in search of exceptional commercial investment opportunities without the usual complexities.

• Situated in a prime location, this property benefits from excellent visibility and accessibility, attracting commercial landlords seeking a strategic investment in a bustling area.

PRIME NEW LISTING. We are excited to present this tenanted commercial opportunity located within prime location in Thurso.

The property comprises a charming 2-story building featuring a welcoming ground floor entrance and well-maintained toilets, a spacious dining area on the second floor accommodating up to 46 people with a cosy bar and waiting area, and a well-equipped kitchen with ample storage on the third floor.

Currently operating as a LICENSED RESTAURANT, this property is generating a steady rental income of £2400 per month, totalling £28,800 annually, promising a robust return on investment.Securing this property at the guide price could yield a remarkable gross return of 10.4%.

This property offers a hassle-free, long-term investment, with a secure lease in place until 2034. It's crafted to appeal to savvy investors in search of exceptional commercial investment opportunities without the usual complexities.

Situated in a prime location, this property benefits from excellent visibility and accessibility, attracting commercial landlords seeking a strategic investment in a bustling area.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

The purchase of the property is strictly subject to the contents of the Legal Pack. Any bid submitted shall be deemed binding and made in full acceptance of, and compliance with, all terms, conditions, and information contained within the Legal Pack, which is available for inspection upon request.

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

Location

Thurso is the northernmost town on the British mainland, known for its stunning coastal location and rich history. It offers a blend of scenic beauty and vibrant community life, making it an attractive spot for both tourists and businesses.

Map

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.