PRIME NEW ENTRY. We are excited to present this commercial Investment opportunity, situated in a centre location in Banff.
Property would benefit from renovation. Sure to appeal to shrewd commercial landlords looking for potential investment or owner occupiers looking for an affordable unit to run a business from.
Property is situated on a main road location, benefiting from good footfall.
Property has Potential for change of use to takeaway/cafe, subject to gaining necessary licenses and permissions.
Excellent development potential. Property could suit a variety of uses such as vape shop, barber, hairdressers etc.
Location
Banff, a historic coastal town in Aberdeenshire, offers commercial investors a compelling mix of stability, affordability, and long-term potential. Anchored by its harbour, strong local services, and proximity to the A98, Banff serves a wide rural catchment and benefits from steady demand for retail, hospitality, industrial, and office space tied to agriculture, fishing, tourism, and the wider Aberdeenshire economy. Property prices and yields remain attractive compared with larger Scottish cities, while limited new supply supports rental resilience.
Accommodation
Property Comprises: retail area, WC, storage rooms and office space.
Terms
Guide Price - £20,000
For rental purposes, once renovated the property could potentially attract a monthly rental income of £400-£500 p/m (£4,800-£6,000 p/a). Excellent yield potential.
Rateable Value £6,800 p/a benefiting from 100% small business relief.
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.