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Tenanted Commercial Investment, 22a Queen Street, Peterhead, AB42 1TS

2,435 Sq Ft / Leisure / Investment

For Sale - £165,000.00

Available - Last updated: 11 November 2024

Large Commercial unit located in the thriving and busy area in Peter head, Aberdeen.

Premises extend to approximately 2434.8 sqft (226.20 sqm). This Property is currently tenanted at a rate of £20,000 pa. Property is currently used as an Indian restaurant and bar. The property has an immaculate fully equipped Kitchen area, spacious seating area, reception, storage and W.C. facilities.

Property benefits from being located on the beautiful northeast coast of Scotland, overlooking the North Sea. Its coastal setting offers stunning views attracting a large number of tourists.

The property is currently being used as a successful Indian and bar restaurant  however could be used for a variety of other uses.

Location

Peterhead is situated on the beautiful northeast coast of Scotland, overlooking the North Sea. Its coastal setting offers stunning views, and residents and visitors can enjoy scenic walks along the cliffs and sandy beaches. This attracts a large footfall of tourists.

The coastal location provides ample opportunities for outdoor activities such as fishing, sailing, and water sports. There are also several nature reserves and parks in the area for hiking and wildlife observation, attracting many tourists each year.

Peterhead has a close-knit community, and residents often describe it as a friendly and welcoming town. The sense of community is strong, and there are various events and activities that bring people together.

Accommodation

Size - 2,434.8 sq ft (226.20 sq m)

Terms

Guide Price - £165,000

Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.

Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.

Specification

  • Large Commercial unit located in the busy area in Peter head, Aberdeen.
  • Premises extend to approximately 2434.8 sqft (226.20 sqm). This Property is currently tenanted at a rate of £20,000 pa.
  • Sure to appeal to a variety of buyers such as a commercial landlord looking for a ready let commercial property.
  • Property could achieve a gross yield of 10% should it be purchased at a guide price of £200,000. Excellent ready let Investment Opportunity.
  • Peterhead has a close-knit community, and residents often describe it as a friendly and welcoming town.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Guide Price For Sale Freehold £165,000.00 NA

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Contact agents

John Morris & Luis Guarin

Prime Property Auctions

0141 538 0212



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