The subjects comprise two buildings connected at ground and first floors, both of which feature a slate roof which are pitched and incorporate dormer projections. The premises provides a prominent frontage and display windows across the width of the two buildings.
Internally, retail sales are provided at ground and first floors, with further ancillary stock and staff areas at attic level . The subjects are similarly finished across the premises, with flooring featuring a laminate style overlay and the ceilings being suspended acoustic tiles. Artificial lighting is provided by way of fluorescent strip lights.
Location
The subjects can be found within the town of Peterhead, approximately 33 miles north of Aberdeen. The town has a resident population of 24,000 people and benefits from a strong catchment. More specifically the subjects are situated on the north side of Erroll Street close to its junction with Marischal Street and Love Lane. This section of the town forms it’s main commercial thoroughfare and therefore benefits from a good level of passing footfall.
The premises is in proximity to Drummers Corner retail parade alongwith a mix of local and national occupiers. Some of these surrounding occupiers include Superdrug, Argos, Card Factory and New Look. The subjects are located in close proximity to on street car parking as well as the public car park on Maiden Street.
Accommodation
684.54 SQM (7,369 SQFT)
Terms
Rental The Detail Offers of £27,500 per annum exclusive are invited.
Lease Terms The subjects are available on a new FRI lease of negotiable duration.
Price Offers over £225,000 are sought for our client’s interest in the premises.
Rateable Value The property is currently entered into the valuation roll at a rateable value of £34,000.
Energy Performance Certificate The subjects currently have an EPC rating of ‘D‘. Further information and a recommendations report are available to seriously interested parties upon 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 associated with the transaction with the ingoing tenant being responsible for any registration dues, LBTT, etc.
Specification
- Prominent location with large glazed frontage
- In close proximity to public car park
- Size: 684.54 SQM(7,369 SQFT)
- Rent: £27,500 per annum
- Price: Offers over £225,000