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MapGuide price
£165,000Property for sale
Marischal Street, Tenanted Optician Investment, Peterhead AB42
Auction
Property
Features and description
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Tenanted
- AUCTION DATE: 18 December 2025
ENHANCED TERMS OFFERED ON THIS LOT...
Reduced Buyers Fee: 1% of Sale Price (Min £3250 +vat)
INCOME PRODUCING INVESTMENT*Prominent town centre location Approx. 1,849 sq ft Let on a FRI lease producing £21,000 per annum. *VAT FREE PURCHASE* Tenant: Duncan & Todd Expiry: 03/07/2032 Passing Rent: £21,000p.a.x. MARKET RENT £28-30,000 Pa. Good growth expected at 2027 rent review. Tenant been in occupation for over 16 years. Ground: 61.78sqm (665sq ft) Basement: 64sqm (689sq ft) 1st Floor: 45.98sqm (495sq ft) Total: 171.76sqm (1,849sq ft) The units is situated within a prominent location in the town centre. There are rent reviews options contained within the occupational leases which provide the potential to increase the current passing rentals. Further information is available on request. * HIGH YIELDING INVESTMENT * monthly rental of £1,750pcm giving an annual income of £21,000 which gives an EXCELLENT YIELD OF APPROX 10.7% if achieved for opening bid price. PERFECT LOCATION The street offers convenient access to cafés, bakeries, takeaways, and pubs just off the high street.
Auction Details
18 December 2025, 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: 1% of Sale Price (Min £3250 +vat)
INCOME PRODUCING INVESTMENT*Prominent town centre location Approx. 1,849 sq ft Let on a FRI lease producing £21,000 per annum. *VAT FREE PURCHASE* Tenant: Duncan & Todd Expiry: 03/07/2032 Passing Rent: £21,000p.a.x. MARKET RENT £28-30,000 Pa. Good growth expected at 2027 rent review. Tenant been in occupation for over 16 years. Ground: 61.78sqm (665sq ft) Basement: 64sqm (689sq ft) 1st Floor: 45.98sqm (495sq ft) Total: 171.76sqm (1,849sq ft) The units is situated within a prominent location in the town centre. There are rent reviews options contained within the occupational leases which provide the potential to increase the current passing rentals. Further information is available on request. * HIGH YIELDING INVESTMENT * monthly rental of £1,750pcm giving an annual income of £21,000 which gives an EXCELLENT YIELD OF APPROX 10.7% if achieved for opening bid price. PERFECT LOCATION The street offers convenient access to cafés, bakeries, takeaways, and pubs just off the high street.
Auction Details
18 December 2025, 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.