Property for sale
Key information
Property description & features
- Prime Property Auctions New Entry. Immediate Cash flowing, Tenanted commercial premises available for immediate purchase. Current Yield 11.25%
- Property is currently tenanted at £6,750 per annum. Fantastic investment opportunity.
- The shop extends to an approximate floor area of 177 m² (1,905 ft²) all at ground floor level
- The property currently benefits from Class 1 (Shops) Consent. Other uses such as office, café/restaurant, workshop or residential may be suitable, subject to securing planning consent.
- The property is located in Balintore in Eater Ross approximately 7 miles to the south east of Tain
- Prime Property Auctions New Entry. Immediate Cash flowing, Tenanted commercial premises available for immediate purchase. Current Yield 11.25%
- Property is currently tenanted at £6,750 per annum. Fantastic investment opportunity.
- The shop extends to an approximate floor area of 177 m² (1,905 ft²) all at ground floor level
- The property currently benefits from Class 1 (Shops) Consent. Other uses such as office, café/restaurant, workshop or residential may be suitable, subject to securing planning consent.
- The property is located in Balintore in Eater Ross approximately 7 miles to the south east of Tain
Prime Property Auctions New Entry. Immediate Cash flowing, Tenanted commercial premises available for immediate purchase.
Property is currently tenanted at £6,750 per annum. Fantastic investment opportunity.
The subjects comprise a single storey retail unit which is broadly L-shaped. The main walls are of single leaf masonry construction and have a painted roughcast finish externally. The roof over the main building is of a low-pitched design with profile metal sheeting. The adjoining store area has a pitched roof and is also finished with profile sheeting. A large display window is fitted to the frontage of the shop along with a pedestrian door leading into the main sales area.
Internally the accommodation provides an open plan sales area, storage, an office and staff tea prep and toilet facilities.
The rateable value is £5,500 which qualifies for 100% rates relief.
Property extends to approximately 1,905 Sq Ft.
Property is offered at a Guide price of £35,000. The property is currently tenanted at £6,750 per annum. Lease details can be downloaded from the website.: Details are as follows:
- Lease dated 3/11/20 - 2/11/2023
- Rent Per annum £6,750
- £2000 deposit
Property currently provides an excellent gross rental yield of 19% if achieved for Guide price of £35,000.
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” button on our website.
This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
Location:
The property is located in Balintore in Eater. Balintore is one of the three Seaboard villages of Shandwick, Balintore and Hilton which boast a rugged coastline and excellent coastal walks. Hilton and Shandwick both have sandy beaches only really used by locals. The villages have a primary school, Post Office, hotel and an award winning beach. There is a thriving community centre where numerous activities take place. Tain is approx 7 miles away where all major facilities can be found. Inverness, Dingwall and Alness are within commuting distance.
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Property reference 190993933. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions - Glasgow.
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Broadband availability and predicted speed: obtained from Ofcom on March 7, 2024
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on March 7, 2024
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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