40 Mid St

598 SF Retail Building Fraserburgh AB43 9AJ $64,930 ($108.58/SF)

INVESTMENT HIGHLIGHTS

  • Fantastic high-yielding Commercial Investment located in a Prime location in Fraserburgh
  • The property achieves an outstanding rental income of £833 PCM (£9,996 P/A) This would produce a rental yield of 20% based on the guide price
  • The property consists of a Hot food takeaway with a class 3 full hot food licence, plus a storage unit

EXECUTIVE SUMMARY

Fantastic high-yielding Commercial Investment located in a Prime location in Fraserburgh. ***PASSIVE INCOME VEHICLE***
The property achieves an outstanding rental income of £833 PCM (£9,996 P/A) This would produce a rental yield of 20% based on our guide price. ***Amazing turn-key investment***
The property is situated on an attractive main road plot, benefiting from passing foot traffic. - ***PRIME INVESTMENT LOCATION***
The property benefits from: a spacious main facility room, modern shop front and kitchen as well as a large storage unit. Sure to appeal to shrewd investors looking for a passive income-producing commercial unit. Cash flow on day one!
The property consists of a Hot food takeaway with a class 3 full hot food licence, plus a storage unit. The FRI lease is due to expire in 2032. ***Fantastic rental opportunity***

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
598 SF
Building Class
B
Year Built
1887
Price
$64,930
Price Per SF
$108.58
Tenancy
Single
Building Height
3 Stories
Frontage
22’ on Mid Street

AMENITIES

  • Storage Space

NEARBY MAJOR RETAILERS

Curves
Bank of Scotland
Lidl
T S B
Santander
Iceland
Co-operative Food
Tesco Superstore
ASDA
SPAR
  • Listing ID: 31938407

  • Date on Market: 5/28/2024

  • Last Updated:

  • Address: 40 Mid St, Fraserburgh AB43 9AJ