Land for sale in Unit 3 Burn Lane, Inverurie AB51

Fixed price £215,000 (£14,263,510.34/ac)
Interested in this property? Call +44 1224 088944 * or Request Details

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Land for sale

0 ac*

Property features

  • Prime location opposite station square and nearby to M&S food, farmfoods and the garioch centre
  • EPC rating of B [22]
  • Let until 31 may 2025
  • Tenant in occupation since 1987
  • Asset management opportunity
  • Passing rent: £18,500 per annum
  • £215,000 reflecting A niy of 8.43%
  • VAT free investment

Property description

The property is located within the popular town of Inverurie which is located just off the A96 trunk road around 16 miles to the north west of Aberdeen.

More particularly, the property is located on the south side of Burn Lane within the heart of Inverurie town centre, forming part of an established retailing location directly opposite the Station Square Development which includes a range of national traders including Poundland, Edinburgh Woolen Mill, New Look and Superdrug. The Garioch Shopping Centre is located a short distance to the north as is a Marks and Spencer Food Hall and a new Farmfoods supermarket which remains under construction.

Description

The property comprises a single storey ground floor retail unit which forms past of a small parade of retail units. The roof sections over are partly pitched, hipped and incorporate a large central flat section which is understood to be laid in mineral felt.

The property benefits from a large, glazed display frontage onto Burn Lane that includes signage above.

Internally, the unit comprises a large open retail unit area with ancillary staff accommodation to the rear, including toilets and storage.

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
DM Hall, AB10 on +44 1224 088944 * (local rate)

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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 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.

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