9 Saltoun Square, Fraserburgh, Aberdeenshire, AB43 9DA

  • Unconditional Online Auction Sale
  • Guide Price* : £39,000

SALE BY ONLINE AUCTION 9TH JULY 2020 AT 9.00AM. Excellent commercial investment opportunity in Aberdeenshire. Current tenanted retail premises with long-term lease and solid rental return.

Description

SALE BY ONLINE AUCTION 9TH JULY 2020 AT 9.00AM. Online Property Auctions Scotland are delighted to offer this commercial investment opportunity in Fraserburgh. Current tenanted retail premises with long-term lease and solid rental return.

9 SALTOUN SQUARE, FRASERBURGH

• Excellent Commercial Investment let on a 6 year lease Lease (February 2019) ***Total Internal Area Circa: 603 sq ft***The property trades as a successful Florists ***Long Term Secure Income: £4,800 per annum***12% Yield based on Guide Price*** The property is presented in fabulous internal condition***All rent Payments are up to date***Premises comprise a ground floor retail unit within a traditional stone tenement building with slate roof.

***Exceptional opportunity to acquire a high yield commercial investment in Fraserburgh. This property has been operating as a florist since 2019 *** ***GREAT TENANT*** ALL RENT UP TO DATE***Prominent & High Footfall Location***The property is let on a 6 Year Lease including break clause in February 2022***The current rent is £4,800 per annum***Internal Area Circa: 603 Sq Ft***Internally Fully Modernised ***Saltoun Square is situated at the northern end of Broad Street at its junction with High Street – two of Fraserburgh’s main retail areas***The area has recently been improved through investment including the opening of the "Saltoun Arms” by JD Wetherspoon***In addition, Aberdeenshire Council have been awarded £5 million of lottery funding to help fund part of the Fraserburgh 2021 Townscape Heritage and Conservation Area Regeneration Scheme with a key focus on other neighbouring buildings. All of which will help to enhance the vitality of this part of the town and increase its appeal to shoppers and traders.***There is a public car park adjacent to the property***

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Bidding Opens On
9th Jul 2020 09:00
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