This property is no longer on the market
Retail property (high street)
Property description & features
- Tenure: Freehold
- Ideal Investment Opportunity
- Vacant commercial unit
- Close to nearby amenities
FOR SALE BY ONLINE AUCTION THURSDAY 30TH MAY AT 9.00AM. Excellent opportunity to purchase a vacant commercial unit in the Torry area of Aberdeen. Torry is a busy part of Aberdeen and the property benefits from being close to nearby amenities.
Located within a busy area of Aberdeen with a mix of residential and commercial properties.
The property has a glazed three-panel front, with a small kitchenette and bathroom towards the rear.
* Potential rental income up to £6,000 per annum
* Fantastic yield of 28.6% based on current guide price
* Fantastic investment opportunity
* Busy city centre location
* Good sized unit at 36m sq
* Presented in good order
* No VAT on property transaction
The property is located in Victoria Road, Torry - a popular residential area just to the south of Aberdeen City Centre. Torry is extremely well served by a variety of local shops and leisure facilities and has good public transport links to Aberdeen City Centre. The area is also conveniently situated for access to the Altens Industrial Estate. The River Dee and Duthie Park, with its many recreational attractions, are also within relatively easy walking distance.
Aberdeen is the third most populous city in Scotland and hosts over 230,000 people; with roughly 30,000 people working offshore and over 16,000 students attending the two universities. The city is considered the Oil Capital of Europe' with over 900 companies employing over 40,000 people in the oil industry. As the city begins to introduce green energy industries to the city alongside the oil industry, it's expected that more jobs will be brought to the area, increasing the population.
Nearby sold prices:
3 Sinclair Road, Aberdeen, AB11 9PL sold (March 2018) £90,000
9 Menzies Road, Aberdeen, AB11 9AY sold (June 2016) £104,000
7a Menzies Road, Aberdeen, AB11 9AY sold (December 2015) £115,500
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Please note, images have been supplied by the vendor - OPA Scotland have not visited the property to confirm their accuracy.
All prices quoted are exclusive of VAT.
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