Retail premises for sale in 9 High Street, Thurso, Caithness KW14

Guide price £39,500
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Retail premises for sale

Property features

  • Potential rental income of £8400 per annum. A yield of 19% at guide price
  • Prominent high street location
  • Close to nearby amenities

Property description

For sale by online auction Thursday 25th July at 9.00AM Excellent opportunity has arisen to purchase a town centre commercial property on a prominent High street location. Excellent investment opportunity with a potential rental income of £700pcm (£8400 per annum) delivering an outstanding yield of 19% at guide price.

Online Property Auctions Scotland are delighted to offer this fantastic investment opportunity in Thurso, Caithness. This commercial property is located within the pedestrianised area on the
south eastern side of the High Street. Situated in a high footfall, prominent town centre location.

The accommodation is circa 915 sq.ft and is comprised of a sales area, back store, a staff kitchen, staff office, a smaller back store and an accessible single WC. The property benefits from having two car parking spaces are located at the rear of the premises.

Prominent high street location
Potential end market rent of £700pcm (£8400 per annum)
Yield of 19% at guide price
Two parking spaces to the rear of the property

Nearby sold properties:
Apartment 4, Castle Gardens Barrock Street, Thurso, KW14 7DB sold (April 2018) £175,000
Quiet Court, 8 Barrock Street, Thurso, KW14 7DB sold (June 2016) £230,000
22 Barrock Street, Thurso, KW14 7DE sold (May 2020) £167,500
4 High Street, Thurso, KW14 8AG sold (September 2004) £150,000

Thurso is a town and former burgh on the north coast of the Highland council area of Scotland. Situated in the historical County of Caithness, it is the northernmost town on the island of Great Britain. The town is a hive of lovely traditional shops, cafes, bars and restaurants.

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Please note that as per the Estate Agents Act 1979 the vendor of the property is a connected party.

Property info

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Online Property Auctions Scotland, and do not constitute property particulars. Please contact Online Property Auctions Scotland for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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