Retail premises for sale in 24 Marischal Street, Peterhead, Aberdeenshire AB42

Guide price £26,000
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Retail premises for sale

Property features

  • First Floor Office Unit with Attic Storage - Circa 48.3sqm
  • Estimated Rental Potential in the Region of £500pcm/Yield of 21.4% at Guide Price
  • 100% Rates Relief and No VAT Applicable

Property description

For sale by online auction Thursday 11th July at 9.00AM. Vacant first floor office unit with 100% rates relief and no VAT applicable. Estimated rental income of £500pcm, providing yield of 23.1% at Guide Price. Previously listed at £50,000 - massive discount! Ideal opportunity for investor or owner-occupier.

Online Property Auctions Scotland are delighted to present this spacious first floor office unit - circa 48.3sqm (520sqft). The property is contained within a two-storey mid-terraced building, and is internally comprised of two office spaces with a w/c. There is also storage space in the attic, reachable by a ladder in the stairwell.

The property is situated on a busy pedestrianised street in Peterhead, with high footfall and many amenities close by. Estimated rental value of the property is in the region of £500pcm, which would provide an incredible yield of 23.1% at Guide Price. The property also benefits from 100% rates relief and there is no VAT applicable on the sale.

- First floor office unit with two internal offices, w/c, and attic storage
- Busy town centre location
- Estimated rental potential of £500pcm/Yield of 23.1% at Guide Price
- 100% rates relief and no VAT applicable
- Circa 48.3sqm/520sqft
- saving £17,000 from previous listing!

Peterhead is a town in Aberdeenshire, Scotland. It is Aberdeenshire's biggest settlement, with a population of 18,537. The town centre plays hosts to a variety of shops, cafes and bars. Found in the depths of the Aberdeenshire coast, Peterhead is famous for its seafood, thanks to its bustling fishing port It is the biggest fishing port in the United Kingdom.

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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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