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Retail Investment For Sale , 29 High Street, Banchory, AB31 5TD

584 Sq Ft / Other / Investment

For Sale - £85,000.00

Available - Last updated: 23 April 2025

The subjects comprise of a ground and mezzanine floor retail unit contained within a two storey and attic mid terraced building, of traditional stone construction. The mezzanine floor comprises a single storey extension to the rear with a flat roof over. The property benefits from a timber framed glazed frontage completed with fascia above. Entry is via a recessed glazed pedestrian doorway.

Internally, at ground floor level the subjects provide an open plan sales/service area with the mezzanine floor providing a prep area, office space and single w.c. Flooring throughout is solid concrete overlaid in laminate, walls are painted plasterboard, and the ceiling features suspended acoustic tiles. Natural light is provided via the glazed frontage, whilst artificial light is by way of spotlight fitments. An aircon system is installed within the unit. There is an exit within the rear of the extension which leads to a communal garden.

Location

The subjects are within the popular Deeside town of Banchory, which is located some 17 miles west of Aberdeen. The subjects are situated on the High Street which forms part of the A93 route carrying traffic from Aberdeen through Banchory and thereafter onto Ballater and Braemar.

The subjects themselves are located on the north side of High Street close to its junction with Dee Street and therefore benefits from a central location with quick access to the road network and to the local amenities contained within the town and good visibility. The surrounding area is a mix of commercial/retail operators at ground floor with offices/residential at upper floor levels. Commercial occupiers within the immediate vicinity include Duncan and Todd Opticians, WHSmith, Co-op, and Banchory Home Store.

Accommodation

Size: 54.25 SQM (584 SQFT)

Terms

Tenancy Details The subjects are currently let to Sherdian’s The Butcher on a Full Repairing and Insuring Lease expiring at the end of July 2027, at a passing rent of £7,200 per annum. Further details can be provided to interested parties on request.

Price £85,000 exclusive of VAT is sought for our client's interest.

Rateable Value The subjects are currently entered into the Valuation Roll at a rateable value of £9,700.

Energy Performance Certificate The subjects have a current Energy Performance Certificate Rating of ‘B’. An Energy Performance Certificate and a recommendation report are available to seriously interested parties on request.

VAT All figures quoted are exclusive of VAT at the prevailing rate

. Legal Costs Each party will be responsible for their own legal costs incurred in the transaction. The ingoing purchaser/tenant will be responsible for any Land and Building Transaction Tax (LBTT) and Registration Dues, if applicable

Specification

  • Popular Deeside Location
  • Passing Rent of £7,200 per annum trading as Sheridan’s The Butcher

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £85,000.00 NA

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Contact agents

Shona Boyd

Shepherd Commercial

01224 516823

Melanie Grant

Shepherd Commercial

01224 516140

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