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7A Constitution Street, Inverurie, AB51 4SQ

Guide Price

£185,000

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Guide Price

£185,000

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Investment

Commercial

Occupied

7A Constitution Street, Inverurie, AB51 4SQ

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Tenanted Commercial Investment

Description

  • Prime Property Auctions New Entry. Large Commercial unit located in the busy Gairoch shopping centre, Inverurie.

  • Premises extend to approximately 1151.74 sqft (107 sqm). Property is currently tenanted at a 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 currently achieves a gross yield of 12% should it be purchased at  guide price of £185,000. Excellent Ready Let investment Opportunity 

  • Inverurie is a thriving town, sure to appeal to landlords looking for an excellent turnkey commercial investment.

Prime Property Auctions New Entry. Large Commercial unit located in the busy thoroughfare of Gairoch, Inverurie. 

Premises extend to approximately 1151.74 sqft (107 sqm). Property is currently being tenanted at a monthly rent of £20,000 pa. Property is currently  used as a bar and grill with a shisha bar. The property has an immaculate fully equipped Kitchen area, spacious seating area, reception, storage and W.C. facilities.

Property benefits from being located in a busy shopping centre in Inverurie attracting a large footfall of tourists sure to boost traffic towards this property. Further benefits include its large car park and proximity to Bank of Scotland 

The property is currently being used as a successful bar and Grill however could be used for a variety of other uses such as an office, shop unit, café or more.

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

Inverurie is set amidst the stunning Scottish countryside, with rolling hills, fertile farmland, and the River Don flowing through the area. The town is surrounded by lush green landscapes and offers beautiful views of the countryside.

Property is set in fantastic location, being close to Tesco Superstore and Bank of Scotland. 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)

£25,160

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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.