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75-77 High Street, Nairn, IV12 4BW

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£35,000

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Retail

Commercial

Vacant

75-77 High Street, Nairn, IV12 4BW

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Vacant Commercial Opportunity

Description

      • Prime Property Auctions New Entry. Great sized commercial unit set in a busy street in Nairn. GUIDE PRICE £45,000

      • Sure to appeal to commercial landlords looking for a potential high-yielding commercial property. Massive rental income opportunity

      • The property once tenanted could achieve £800 - 850 pcm (£9,600 - £10,200 P/A) This would provide an outstanding 21% - 23% gross yield if achieved for the guide price of £45,000. 

      • Large commercial premises could benefit from a degree of renovation and customisation to unlock the property's full potential. The rateable value of £7,500 which fall into the small business rates relief.

      • Property benefits from good footfall and is sure to appeal to landlords looking for an affordable commercial investment.

       

      Prime Property Auctions New Entry. Great sized commercial unit set in a busy street in Nairn. GUIDE PRICE £45,000 

      The property once tenanted could achieve £800 - 850 pcm (£9,600 - £10,200 P/A) This would provide an outstanding 21% - 23% gross yield if achieved for the guide price of £45,000. 

      Sure to appeal to commercial landlords looking for a potential high-yielding commercial property. Massive rental income opportunity

      Large commercial premises could benefit from a degree of renovation and customisation to unlock the property's full potential.

      The rateable value of £7,500, which falls into the small business rates relief.

      Rental potential of £9,600 - £10,200 per annum!

      The property was previously used as office space. The property would lend itself to a variety of uses, such as office, shop unit, café or more. There could be potential to run as a hot food takeaway, subject to researching and gaining the necessary consent.

      The property benefits from good footfall and is sure to appeal to landlords looking for an affordable commercial investment. Would suit an owner occupier or a commercial landlord looking for an easily lettable commercial property, subject to gaining the necessary information and planning.

      The property is currently vacant and could benefit from a degree of renovation and customisation to unlock the property's full potential.

       

      Property benefits from sought-after locations with massive development potential. It is sure to appeal to landlords looking for a potentially high-yielding investment. The seller will consider early offers.

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

      Nairn is nestled within the Highland region of Scotland, approximately 16 miles northeast of Inverness and 30 miles southwest of Elgin. The tranquil coastal town boasts a resident population of around 11,000, offering a perfect blend of scenic beauty and urban convenience. High Street stands as the bustling heart of Nairn's retail district, bustling with charming shops, cafes, and local businesses. A well-designed road network provides easy access to and from the area, ensuring seamless connectivity for residents and visitors alike. Surrounding the town, you'll find a mix of residential and commercial properties, creating a vibrant community atmosphere.

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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)

£11,000

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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.