Great sized commercial unit set in a busy street in Wick. Rental potential between £7,500 - £9,000 per annum giving 12.7 - 15.25% Yield at Guide Price of £59,000. *** HIGH YIELDING COMMERCIAL OPPORTUNITY ***
Property comprises: A well-presented main sales area, Kitchen, Spacious office, 2 bathrooms, a preparation room and a production area and freezer room offering generous working space. Perfect for a business owner looking for an office or a shop unit.
Property was previously used as a fish mongers. The property would lend itself to a variety of uses, such as an office, shop unit, café or more. There could be potential to run as a different hot food takeaway (subject to researching and gaining the necessary consents).
The property has a current rateable value of £3,250 and extends to approximately 1024 square feet (95 meters squared).
Property could command a monthly income of £625 - £750 pcm. Sure to appeal to a shrewd investor.
Location
Wick is a charming coastal town with a rich history and a population of around 7,000 residents. It is situated on the northeastern coast of Scotland, overlooking the North Sea. The town is known for its picturesque surroundings, comprising rugged cliffs, stunning beaches, and breathtaking coastal landscapes.
The heart of Wick is centred around the harbour, which has been a crucial part of the town's history and economy for centuries. Fishing has been a prominent industry in Wick, and you can still witness traditional fishing boats (often called "herring drifters") moored along the quays.
One of the town's most distinctive landmarks is the Old Pulteney Distillery, established in 1826. It's one of the northernmost distilleries in mainland Scotland and produces the renowned Old Pulteney single malt Scotch whisky.
Accommodation
Approximately 1,024 sq ft (95 sq m)
Main Sales Area: 6.35m x 4.74m
The front shop has been thoughtfully designed with practical features that enhance its appearance and ease of maintenance. It boasts a wet wall for effortless cleaning and top-notch wall mounted shelving. Inside, the room is spacious, fitted with non-slip vinyl flooring, and offers an attractive street view with dual aspect windows. Numerous power points are available throughout the space, complemented by laminate worktops featuring a convenient built-in stainless-steel sink. Illuminated by fluorescent lighting, the shop's entrance is a sturdy hardwood door that opens to the front of the property.
Inner Hallway: 3.92m x 5.8m from longest and widest
The T shaped hallway has a calming Magnolia paint colour and features non-slip vinyl flooring for added safety. You'll find two spacious storage cupboards and two pendant light fittings illuminating the area. From this central point, doors lead to various areas, including the ladies' toilet, gents' toilets, office, kitchen, and front shop. Additionally, there's another door providing access to the courtyard. To ensure comfort, the hallway is equipped with a central heating radiator.
Kitchen: 3.77m x 2.41m
The well-equipped kitchen showcases stylish Beech base and wall units, along with three stainless steel sinks. Its amenities include a cooker, a dishwasher, and practical wall-mounted shelves. Decorated in a pleasing neutral colour palette, the kitchen boasts non-slip flooring, a radiator, a smoke alarm, and walls painted in Magnolia, creating a welcoming and functional space.
Office: 2.75m x 1.91m
Situated adjacent to the hallway, the office enjoys abundant natural light, featuring an opaque window on the side and a glass panel providing a view into the main shop. The room is equipped with an access hatch to the loft, industrial non-slip vinyl flooring, ample sockets, and a phone point for convenience. Additionally, you'll find practical wall-mounted shelving and well-illuminated with fluorescent lighting.
Ladies Toilets: 1.93m x 0.91m
The room benefits from a side window, adorned with painted walls, creating a bright and pleasant atmosphere. It features a pristine white W.C and wash hand basin. For privacy and light control, a roller blind is installed, along with a pendant light fitting to illuminate the space. The room's floor is covered with durable and easy-to-maintain vinyl flooring.
Gents Toilets: 1.92m x 0.91m
The men's toilets are adorned with soothing cream tones on the walls and equipped with a convenient wall-mounted hand towel dispenser. The amenities include a white W.C, wash hand basin, and a toilet roll holder. The floor has been fitted with vinyl for practicality, and a pendant light fitting ensures ample lighting in the space.
Preparation Room: 1.82m x 1.88m
In a stunning white hue, this section of the shop features sleek wall-mounted shelving and built-in worktops, all set against a polished concrete floor. The room is well-lit with fluorescent lighting, and a convenient thermostat controller for the central heating system is also installed here.
Production Area and Freezer Room: 5.56m x 5.2m
This spacious room offers abundant working space, boasting three stainless steel sinks and wet wall fixed to the ceiling for added convenience. Painted in a brilliant white, it exudes a clean and bright ambiance, complemented by a polished concrete floor. Within the room, a cosy seating area adds a touch of comfort. Practical amenities include a wall-mounted boiler, double sockets, and a sizable freezer that can be purchased separately if desired. The room is well-equipped with ample power points and illuminated by fluorescent lighting. For easy access to additional storage, there's an access hatch to the floored loft void. Two double wooden doors provide a convenient entrance to the parking area.
Terms
Guide Price - £59,000
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
- . Great sized commercial unit set in a busy street in Wick. Rental potential between £7,500 - £9,000 per annum giving 12.7 - 15.25% Yield at Guide Price of £59,000. *** HIGH YIELDING COMMERCIAL OPPORTUNITY ***
- Sure to appeal to a variety of buyers. Would suit a small business owner or a commercial landlord looking for a premises that provides an attractive return.
- Large premises that extends to approximately 1024 square feet (95 meters squared) and has a rateable value of £3,250 which falls into the small business rates relief. Perfect base for a new start up business.
- Property comprises: A well-presented main sales area, Kitchen, Spacious office, 2 bathrooms, a preparation room and a production area and freezer room offering generous working space. Perfect for a business owner looking for an office or a shop unit.
- Property benefits from good footfall and is sure to appeal to landlords looking for an affordable commercial investment.