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Ground Floor Retail Unit For Sale, 7 Marischal Street, Peterhead, AB42 1BS

995 Sq Ft / Retail

To Let - £10,000.00 per annum

Under Offer - Last updated: 28 May 2019

The subjects comprise of a ground floor retail unit contained within a three storey property of traditional granite design. The subjects provide traditional retail space at ground floor level with access to the subjects via a recessed timber pedestrian doorway contained within a double build shop front of single glazed design.

Internally, the subjects have been split to provide a sales area, kitchen area and male and female W.C. Floors throughout the property are of suspended timber design which have been laminated throughout, walls within the property have been plastered and painted to the sales area and in the kitchen area the walls are of a safety wipe down surface design. Ceilings are of a suspended tile design and incorporate spotlight fitments to the front sales area whilst within the kitchen area a wipe down ceiling which incorporates fluorescent strip light fitments has been added. Natural daylight is provided via the glazed frontage towards the front projection of the property

Location

The property can be found within the coastal town of Peterhead, which stands around 33 miles north of Aberdeen and represents one of Aberdeenshire’s principle service and employment centres. The town has a varied economic base with major employment opportunities being in fishing, onshore support for the oil industry, manufacturing, food processing, textiles and the service industries.

The subjects themselves are located on the south side of Marischal Street in a pedestrianised area within the town centre. Marischal Street forms one of the main retailing thoroughfares within Peterhead town centre and as such the subjects would be deemed to be located within the primary retailing stretch of Peterhead. Surrounding properties are of retail and office at ground floor with the upper floors in a mixture of both commercial and residential occupation. Whilst there is no dedicated car parking associated with the subjects adequate public car parking is provided within the nearby area. The Ordnance Survey extract overleaf is for identification purposes only

Accommodation

Ground Floor 92.41 sq m (995 sq ft )

Terms

RENTAL: £10,000 per annum exclusive of VAT. As is standard practice this will be payable quarterly in advance.

PRICE: £105,000 exclusive of VAT.

VAT: The subjects are elected for VAT at the prevailing rate.

ENERGY PERFORMANCE CERTIFICATE: The subjects have a current Energy Performance Rating of G. Further information and a recommendation report is available to seriously interested parties on request.

RATING: The subjects are currently entered into the Valuation Roll at a Rateable Value of £11,750. We would point out that an incoming occupier would have the opportunity to appeal this Rateable Value and that 100% Rates Relief may be available to qualifying tenants/purchaser.

LEGAL COSTS: Each party will be responsible for their own legal costs incurred with the ingoing occupier being responsible for any Registration Dues and LBTT where applicable.

Specification

• TOWN CENTRE RETAIL UNIT
• 100% RATES RELIEF MAY BE AVAILABLE FOR QUALIFYING TENANTS
• SUITABLE FOR A VARIETY OF USES SUBJECT TO PLANNING

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
To Let £10,000.00 per annum

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Contact agents

Alistair Nicol

Shepherd Commercial

01224 516280



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