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No longer on the market

This property is no longer on the market

Retail property (high street)

Auction
Retail property (high street)
393
Added > 14 days

Features and description

  • Ideal Investment Opportunity
  • Vacant commercial unit
  • Close to nearby amenities
* AVAILABLE FOR IMMEDIATE PURCHASE, PRE AUCTION OFFERS ARE WELCOME ON THIS PROPERTY. CONTACT OUR OFFICE TO DISCUSS*

FOR SALE BY ONLINE AUCTION THURSDAY 27TH JUNE 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

To view legal documents for all properties, and to register for our online auctions please visit our website.

Purchases are subject to a Buyer's Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup/Special Conditions in the Legal pack to confirm.

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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About this agent

Online Property Auction Group - Glasgow
Online Property Auction Group - Glasgow
1008 Pollokshaws Road Glasgow, Scotland G41 2HG
0141 376 3438
Full profileProperty listings
Online Property Auction Group are revolutionizing the way buyers and sellers engage in the property market. Offering a fast, transparent, and accessible platform, our auctions provide an innovative alternative to traditional property transactions. Whether you're a seasoned investor or a first-time buyer, Online Property Auction Group eliminate the need for lengthy negotiations and streamline the entire process, allowing participants to bid from the comfort of their own homes. With the UK diverse property market — from bustling city apartments to serene countryside estates — Online Property Auction Group open up a world of opportunity, making it easier than ever to secure your ideal property.
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