Land for sale in 11 St Andrews Square, Buckie AB56
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Licensed convenience store set within an established residential area.
- Let to Alliance Property Holdings Ltd, a wholly owned subsidiary of Wm Morrison Supermarket Ltd until October 2033 (without break)
- Low Passing Rent of £26,000 per annum (£9.37 psf)
- 5 Yearly rent reviews in line with the cpi (subject to an annual 1% & 3% collar and cap)
- £297,000 reflecting a Net Initial Yield 8.50%
Property description
The property is located within the coastal town of Buckie which is situated around 17 miles to the east of Elgin and around 61 miles to the northwest of Aberdeen.
More particularly, the property is situated a short distance to the west of Buckie town centre, forming part of a predominantly residential area within the Buckpool area of the town.
Description
The property comprises a licenced convenience store which occupies a semi-detached, single storey building which has been constructed from roughcast concrete blockwork under a flat roof clad in mineral felt.
The frontage includes a timber and glazed display window with a modern signage above, adjacent to which is an atm.
Internally, the unit has been recently refitted and rebranded as a Morrisons Local.
A storeroom is included to the rear which includes staff toilets and a pedestrian door which leads to a lane alongside the west elevation of the property for the receipt of deliveries.
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
DM Hall, AB10 on +44 1224 088944 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by DM Hall, and do not constitute property particulars. Please contact DM Hall 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.
.png){kind=logo}