2-4 DEE STREET The subjects comprise of a two storey building of traditional granite design. The roof over the property is pitched and slated and incorporates dormer projections. The property benefits from a strong retail frontage situated on a prominent corner location with a number of large double glazed windows present.
80 HIGH STREET The subjects located at 80 High Street Banchory comprise of a former self contained flat which has now been converted to provide further display and storage facilities for the furniture store located below.
82 HIGH STREET Former bank premises.
Location
The subjects are within the popular Deeside town of Banchory which is located some 17 miles west of Aberdeen. The town serves as one of the main service and employment centres in the area and offers a variety of services and facilities including a vibrant town centre.
The subjects themselves are situated on the west side of Dee Street which forms part of the A93 route carrying traffic from Aberdeen through Banchory and thereafter onto Ballater and Braemar. The subjects further benefit from being located at the junction of Dee Street and High Street in the centre of the town. The surrounding area is mixed in nature with commercial/retail occupiers located at ground floor level with the upper floors being within office and residential u
Accommodation
The opportunity being brought the market includes to the purchase of the 3 shop units which front Dee Street and the upper floors which provide accommodation for conversion into 5 flats.
Flats First Floor:
•Flat 1 – 1 Bed
•Flat 2 – 2 Bed (Identified for LCSE)
•Flat 5 – 3 Bed
Second Floor
•Flat 3 – 1 bed
•Flat 4 – 1 bed
Terms
ENERGY PERFORMANCE CERTIFICATE 2-4 Dee Street : G 80 High Street : E
RATEABLE VALUE 2 – 4 Dee Street - the subjects are currently entered into the Valuation Roll at a Rateable Value of £38,500. 80 High Street - the subjects are currently entered into the Valuation Roll at a Rateable Value of £12,750. 82 High Street (Former Bank): the subjects are currently entered into the Valuation Roll at a Rateable Value of £18,750. The above values will be subject to change on the basis a redevelopment project is commenced.
LEGAL COSTS Each party shall be responsible for their own legal costs associated with this transaction with the tenant being responsible for the cost of LBTT and Registration dues
Application Summary Planning approval has been granted for ‘Subdivision and Change of Use of Shop Unit to Form 3 Shop Units (Class 1) and 5 Flats (Ref:APP/2022/1967).
PRICE Offers over £385,000 are sought for our client’s heritable interest in the property exclusive of VAT.
Specification
- PLANNING CONSENT GRANTED WITH OPPORTUNITY FOR THE REDEVELOPMENT OF 3 SHOP UNITS AND 5 FLATS
- LOCATED WITHIN A PRIME TOWN CENTRE POSITION
- OFFERS OVER £385,000