No longer on the market
This property is no longer on the market
MapProperty
Auction
Property
Features and description
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Tenanted
- AUCTION DATE: 30 November 2023
ENHANCED TERMS OFFERED ON THIS LOT...
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)
Substantial High Street Retail Premises (comprises approximately 621.60 Sq.M (6,691 Sq.Ft) LET to M&Co Trading Ltd (t/a M&Co.) on a new 5 year lease agreement. Large commercial/retail unit * Opportunity to own your own shop premises and establish a customer base within this popular Aberdeenshire town * Prominent Freehold Retail Investment. The property comprises a four storey building, arranged as a ground floor shop, with ancillary accommodation on the basement, first and second floors. M&Co. Class 1 Unit with main road frontage. Shop entrance with double window display. Prominent high visibility unit. HIGH FOOTFALL STREET with parking and benefits from prominent display frontage. IMMEDIATE RENTAL INCOME OF £18,000 per annum. Extremely stable TENANT IN OCCUPATION AND PAYING RENT. Prime income producing investment with national tenant and well fitted out. Located within Banff town centre.
Auction Details
30 November 2023, 10am-3pm
Timed Online Auction
How to Bid Now
Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 400 lots auctioned every 2 weeks including flats, houses, land & commercial.
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)
Substantial High Street Retail Premises (comprises approximately 621.60 Sq.M (6,691 Sq.Ft) LET to M&Co Trading Ltd (t/a M&Co.) on a new 5 year lease agreement. Large commercial/retail unit * Opportunity to own your own shop premises and establish a customer base within this popular Aberdeenshire town * Prominent Freehold Retail Investment. The property comprises a four storey building, arranged as a ground floor shop, with ancillary accommodation on the basement, first and second floors. M&Co. Class 1 Unit with main road frontage. Shop entrance with double window display. Prominent high visibility unit. HIGH FOOTFALL STREET with parking and benefits from prominent display frontage. IMMEDIATE RENTAL INCOME OF £18,000 per annum. Extremely stable TENANT IN OCCUPATION AND PAYING RENT. Prime income producing investment with national tenant and well fitted out. Located within Banff town centre.
Auction Details
30 November 2023, 10am-3pm
Timed Online Auction
How to Bid Now
Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 400 lots auctioned every 2 weeks including flats, houses, land & commercial.
About this agent
We are Scotland's LARGEST dedicated residential and commercial Property Auctioneer. Our regular programme of large scale property auctions feature lots from throughout Scotland and the wider UK as well as regular properties available for purchase by Private Treaty and Tender. Our Auction calendar features both traditional and online property auctions covering the whole of the country. Each Auction offers a mix of Commercial and Residential property as well as land and other development opportunities. Properties are accepted from both Private and Corporate Vendors alike and we welcome enquires from all potential clients. Future Auctions LTD is a Limited Company registered in Scotland with Registration Number 358597. We are a fully indemnified professional limited company regulated by the Property Ombudsman. Our auctioneers are all members of the National Association of Auctioneers and Valuers thus ensuring our strict code of conduct and professionalism.