Our Summary

• Guide Price £275,000 - £325,000 * Plus 5% Buyers Premium + VAT For sale by unconditional online auction on the 16th of July 2025
• Registration is now open, bidding opens on 16th on July at 10:00 and ends on 16th July 2025on July at 13:00 VACANT PORTFOLIO TO BE SOLD AT AUCTION FORMER ROYAL HOTEL LINKED 7 BEDROOM APARTMENT & 10-12 SALTOUN SQUARE Description WE HAVE BEEN INSTRUCTED BY THE OWNER OF A PORTFOLIO OF PROPERTIES WHICH HAVE BEEN RUN AS A SUCESSFUL HOSITALITY / SERVICED ACCOMODATION BUSIINESS AT AUCTION ON THE 16TH JULY 2025 CASH SALE ONLY
• HOTEL SERVICED ACCOMODATION OPPORTUNITY / DEVELOPMENT OPPORTUNITY (STPP) THE FORMER ROYAL HOTEL IS TO BE SOLD WITH VACANT POSSESSION AND ALSO INCLUDES 63A BROAD STREET WHCIH IS A VCANT 7 BEDROOM LOWER / MID FLOOR APARTMENT
• This is an excellent opportunity for an investor looking for a development project, with a variety of possible uses and huge earning potential on offer (subject to obtaining the relevant planning permission)
• The property is currently been used as serviced accommodation and is ideal for a variety of uses such as short term rental or long term rental with potential to be used as a HMO subject to obtaining license
• RENTS AT £180 per night AND HOME REPORT VALUE £190,000 10-12, Saltoun Square, Fraserburgh, AB43 9DA - ACCOMODATION AND DEVELOPMENT OPPORTINITY (STPP) 3 BED DETACHED PROPERTY WITH SUBSTANCIAL OUTBUILDING Residential Accommodation Ground Floor: entrance hallway, kitchen/breakfast room
• Storage Accommodation The property has a potential to add 3 more bedrooms
• Outhouse Building An attached substantial stone outhouse building located over two floors, currently in a derelict condition
• Legal Pack A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction
• Auction Information To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa
• The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated)
• Pre Auction Offers Are Considered The seller of this property may consider a pre-auction offer prior to the auction date
• All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit
• To make a pre-auction offer we will require two forms of ID,