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22a Queen Street, Peterhead, AB42 1TS

Guide Price

£165,000

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Guide Price

£165,000

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Investment

Commercial

22a Queen Street, Peterhead, AB42 1TS

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Tenanted Commercial Investment

Description

  • Prime Property Auctions New Entry:Large Commercial unit located in the busy area in Peter head, Aberdeen.

  • Premises extend to approximately 2434.8 sqft (226.20 sqm). This Property is currently tenanted at a rate of £20,000 pa.

  • Sure to appeal to a variety of buyers such as a commercial landlord looking for a ready let commercial property.

  • Property could achieve a gross yield of 13% should it be purchased at a guide price of £165,000. Excellent ready let Investment Opportunity.

  • Peterhead has a close-knit community, and residents often describe it as a friendly and welcoming town.

Prime Property Auctions New Entry:Large Commercial unit located in the thriving and busy area in Peter head, Aberdeen.

Premises extend to approximately 2434.8 sqft (226.20 sqm). This Property is currently tenanted at a rate of £20,000 pa. Property is currently used as an Indian restaurant and bar. The property has an immaculate fully equipped Kitchen area, spacious seating area, reception, storage and W.C. facilities.

Property benefits from being located on

the beautiful northeast coast of Scotland, overlooking the North Sea. Its coastal setting offers stunning views attracting a large number of tourists.

The property is currently being used as a successful Indian and bar restaurant  however could be used for a variety of other uses.

High yielding investment property.

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

Peterhead is situated on the beautiful northeast coast of Scotland, overlooking the North Sea. Its coastal setting offers stunning views, and residents and visitors can enjoy scenic walks along the cliffs and sandy beaches. This attracts a large footfall of tourists.

The coastal location provides ample opportunities for outdoor activities such as fishing, sailing, and water sports. There are also several nature reserves and parks in the area for hiking and wildlife observation, attracting many tourists each year.

Peterhead has a close-knit community, and residents often describe it as a friendly and welcoming town. The sense of community is strong, and there are various events and activities that bring people together.

Fantastic Investment Opportunity

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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)

£22,500

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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.