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2 The Shore, Wick, KW1 4LU

£265,000

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Restaurant

Commercial

2 The Shore, Wick, KW1 4LU

Rare Tenanted Commerical Opportunity

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Deadline for offers

Tomorrow

Description

  • PRIME NEW LISTING. We are excited to present this tenanted restaurant commercial unit located within a prime location in Wick.

  • This unit is perfectly positioned for an ambitious investor looking to add to their portfolio. Situated in a prime location with strong foot traffic and ample passing trade, it is an opportunity not to be missed.

  • The property currently produces a whopping £35000 per annum in rental income. If bought at the guide price, this would produce a fantastic 14% yield based on the guide price. 

  • With the property being offered at an exceptional price, it represents a fantastic chance for investors to capitalise on both rental and capital growth potential. Don't miss out on this exciting opportunity to generate substantial yield and profit.

  • 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.

PRIME NEW LISTING. We are excited to present this tenanted restaurant commercial unit located within a prime location in Wick.

The property comprises an inviting entrance, a spacious main floor area, a well-appointed bar, modern toilets, a fully equipped kitchen, and ample storage rooms throughout.

This unit is perfectly positioned for an ambitious investor looking to add to their portfolio. Situated in a prime location with strong foot traffic and ample passing trade, it is an opportunity not to be missed.

The property currently produces a whopping £35000 per annum in rental income. If bought at the guide price, this would produce a fantastic 14% yield based on the guide price. 

With the property being offered at an exceptional price, it represents a fantastic chance for investors to capitalise on both rental and capital growth potential. Don't miss out on this exciting opportunity to generate substantial yield and profit.

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.

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

Wick is a charming town situated in northeastern Scotland, known for its rich history and picturesque surroundings. Its coastal location and vibrant community make it a desirable place for business and leisure activities.

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Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£36,040

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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.