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Shore Street, Fraserburgh AB43 2 bed flat for sale
Sunrise Chinese Takeaway, Shore Street, Fraserburgh, AB43 7ER
£125,000
Sunrise Chinese Takeaway, Shore Street, Fraserburgh, AB43 7ER
£125,000
Our Summary
- - ***RATEABLE VALUE £10,000*** Commercial unit CURRENTLY VACANT could demand potential rental of £1,000/month, providing an exceptional investment opportunity for a shrewd investor
- Sure to appeal to investors looking for an affordable commercial investment opportunity
- This property is offered at a fantastic price to ensure an Auction sale
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
- Location: Perched on the picturesque coastline of Aberdeenshire, Fraserburgh emerges as a promising investment destination ripe with potential
- Commercial unit CURRENTLY VACANT could demand potential rental of £1,000/month, providing an exceptional investment opportunity for a shrewd investor
Description
Prime Property Auctions presents a unique mixed-use portfolio in Fraserburgh, Aberdeenshire, with a guide price of £165,000. The property comprises a commercial unit with a rateable value of £10,000, previously used as a popular Chinese takeaway, and a spacious 2-bedroom flat above. The commercial unit is currently vacant, but has the potential to generate £1,000 per month in rental income, offering an exceptional investment opportunity. The residential flat is currently tenanted, achieving £1,000 per month in rental income, providing a 7.8% gross yield if purchased at the guide price. The property benefits from a strong local demand, with recent sales comparables showing a high level of interest in the area. The location offers great capital growth potential, with the potential for rental income and a thriving tourism sector. This property is open to immediate offers and will feature in a timed online auction.