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24 Marischal St
Peterhead AB42 1HS
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • First Floor Office Unit with Attic Storage - Circa 48.3sqm
  • 100% Rates Relief and No VAT Applicable
  • Estimated Rental Potential in the Region of £500pcm/Yield of 18.2% at Guide Price

EXECUTIVE SUMMARY

FOR SALE BY ONLINE AUCTION THURSDAY 22ND JUNE AT 9.00AM. Vacant first floor office unit with 100% rates relief and no VAT applicable. Estimated rental income of £500pcm, providing yield of 18.2% at Guide Price. Previously listed at £50,000 - massive discount! Ideal opportunity for investor or owner-occupier. Online property Auctions Scotland are delighted to present this spacious first floor office unit - circa 48.3sqm (520sqft). The property is contained within a two-storey mid-terraced building, and is internally comprised of two office spaces with a w/c. There is also storage space in the attic, reachable by a ladder in the stairwell. The property is situated on a busy pedestrianised street in Peterhead, with high footfall and many amenities close by. Estimated rental value of the property is in the region of £500pcm, which would provide an incredible yield of 18.2% at Guide Price. The property also benefits from 100% rates relief and there is no VAT applicable on the sale. - First floor office unit with two internal offices, w/c, and attic storage - Busy town centre location - Estimated rental potential of £500pcm/Yield of 18.2% at Guide Price - 100% rates relief and no VAT applicable - Circa 48.3sqm/520sqft - SAVING £17,000 FROM PREVIOUS LISTING! Peterhead is a town in Aberdeenshire, Scotland. It is Aberdeenshire's biggest settlement, with a population of 18,537. the town centre plays hosts to a variety of shops, cafes and bars. Found in the depths of the Aberdeenshire coast, Peterhead is famous for its seafood, thanks to its bustling fishing port It is the biggest fishing port in the United Kingdom.

PROPERTY FACTS

Property Type Retail
Property Subtype Storefront Retail/Office
Building Class C
Lot Size 0.04 AC
Gross Leasable Area 1,783 SF
No. Stories 2
Year Built 1905
Tenancy Single
APN / Parcel ID ABN104239

AMENITIES

  • Storage Space
  • Listing ID: 28604678

  • Date on Market: 5/30/2023

  • Last Updated:

  • Address: 24 Marischal St, Peterhead AB42 1HS

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