FOR SALE
FORMER HOTEL WITH RESIDENTIAL DWELLING AND RETAIL UNIT
• POTENTIAL FOR REDEVELOPMENT (SUBJECT TO PLANNING)
• OFFERS IN EXCESS OF £325,000 ARE INVITED
Location
The subjects are located within the coastal town of Peterhead which stands approximately 33 miles to the north of Aberdeen and 17 miles to the south of Fraserburgh.
The premises can be found on the corner of Kirk Street and St Peter Street in close proximity to the town centre. The subjects are also located opposite the recently approved Aberdeenshire Council’s new £5M facility which will include council chambers and a customer service point.
The Ordnance Survey extract overleaf is for identification purposes only.
Accommodation
The subjects provide the following accommodation:-
BAYVIEW HOUSE
Lower Ground Floor 141.2 m² (1,520 ft²)
Ground Floor 153.73 m² (1,633 ft²)
Ground Floor Rear Wing 174.27 m² (1,876 ft²)
First Floor Rear Wing 287.49 m² (3,094 ft²)
Attic Floor 57.32 m² (620 ft²)
Attic Floor North 59.35 m² (639 ft²)
Total 871.34 m² (9,379 ft²)
The above areas were calculated on a gross internal area basis.
RESIDENTIAL DWELLING
Garden Flat 98 m² (1,055 ft²)
Upper Maisonette on
2 Floors 197 m² (2,120 ft²)
Total 295 m² (3,175 ft²)
The above areas were calculated on a gross internal area basis.
RETAIL UNIT
Ground Floor 142.65 m² (1,535 ft²)
The above areas were calculated on a net internal area basis.
All the above areas have been measured in accordance with the Code of Measuring Practice (Sixth Edition) as prepared by the RICS.
Terms
PRICE:
Offers in excess of £325,000 are invited for our client’s interest in the property.
RATING/RATEABLE VALUE:
The subjects are currently entered in the Valuation Roll at a Rateable Value of;
Retail Unit – Kirk Street £4,300
Bayview House – 3 St Peter Street £3,400
The subjects are currently entered in the following Council Tax Bands;
Chain House - 1 St Peter Street ‘Band D’
Garden Flat – 1 St Peter Street ‘Band C’
Bayview House – 3 St Peter Street ‘Band E’
ENTRY DATE:
Upon conclusion of legal missives.
ENERGY PERFORMANCE CERTIFICATE:
The subjects have a current Energy Performance Rating of
Retail Unit – Kirk Street G
Bayview House – 3 St Peter Street G
Chain House - 1 St Peter Street G
Garden Flat - 1 St Peter Street E
Further information and a recommendation report is available to seriously interested parties on request.
LEGAL COSTS:
Each party will bear their own legal costs incurred in the transaction. The ingoing occupier will be responsible for Stamp Duty Land Tax and Registration dues where applicable.
VAT:
All rents, prices, premiums etc are quoted exclusive of VAT.
VIEWING:
For further information or viewing arrangements please contact the sole agents:-
J & E Shepherd, Chartered Surveyors
35 Queens Road, Aberdeen AB15 4ZN
Tel: 01224 202800 Fax: 01224 202802
Publication date: July 2013
Email: j.morrison@shepherd.co.uk
or s.young@shepherd.co.uk
Contact: James Morrison or Scott Young
Specification
DESCRIPTION:
Bayview House
The subjects comprise a substantial granite building which has been extended to the rear. The main building fronts onto St Peter Street and is of two storey attic and basement height of granite stonework externally pointed under a pitched and slated roof. The property has been extended to the rear by way of a number of extensions differing in height and construction.
Internally, the subjects have been finished for the purpose of its trade as a Hotel and Public Bar, however more recently the space has been utilised as a Hostel operating with a HMO Licence. The basement area has been fitted out as a Public Bar with separate seating area. Natural daylight throughout the property is by way of a combination of timber sash and casement or timber casement single glazed windows. The flooring throughout is a combination of suspended timber overlaid in tiles or solid concrete overlaid in vinyl. The walls are lined in lath and plaster or plasterboard whilst the ceilings are of traditional lath and plaster.
Residential Dwelling
The property comprises linked detached buildings with a self-contained garden flat on the lower ground floor and self-contained maisonette on the upper floors. The garden flat comprises of a living room with kitchen, two bedrooms and bathroom with W.C. The upper maisonette is over two floors and comprises of a sun porch, living room, dining kitchen, master bedroom with en-suite bathroom with W.C., three further bedrooms and main bathroom with W.C. There is also a double car garage to the rear of concrete block construction with a corrugated asbestos roof over. The main walls of the building are of solid stonework externally partly pointed and partly rendered. The main roof sections are pitched and slated with a flat felt central section. There is a mono-pitched and slated roof over the rear sun porch.
Retail Unit
The subjects comprise a ground floor retail unit with associated storage buildings. The main shop unit fronts onto Kirk Street and is constructed from concrete blockwork externally rendered under a flat felt roof. Two further buildings are attached towards the rear which are again of single storey height along with a toilet block which is also single storey height. Internally, the flooring in the main sales area is of suspended timber while the walls and ceilings have been lined in plasterboard. An internal door permits access to a small storage area, thereafter into the main rear store where the flooring throughout is of solid concrete whilst the walls are a combination of plaster on the hard or plasterboard. The rear store also allows access towards a further storage area which in turn leads towards a kitchenette and toilet facilities.