16 St. Andrews Square, Buckie, Banffshire, AB56 1BT
£107.07 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,774 sq ft
258 sq m
- SECTOR
High street retail property for sale
Key features
- Licensed convenience store set within an established residential area.
- Let to Alliance Property Holdings Ltd, a wholly owned subsidiary of Wm Morrison Supermarket Ltd until October 2033 (without break)
- Low Passing Rent of £26,000 per annum (£9.37 psf)
- 5 Yearly rent reviews in line with the CPI (subject to an annual 1% & 3% collar and cap)
- £297,000 reflecting a Net Initial Yield 8.50%
Description
More particularly, the property is situated a short distance to the west of Buckie town centre, forming part of a predominantly residential area within the Buckpool area of the town.
The property comprises a licenced convenience store which occupies a semi-detached, single storey building which has been constructed from roughcast concrete blockwork under a flat roof clad in mineral felt.
The frontage includes a timber and glazed display window with a modern signage above, adjacent to which is an ATM.
Internally, the unit has been recently refitted and rebranded as a Morrisons Local.
A storeroom is included to the rear which includes staff toilets and a pedestrian door which leads to a lane alongside the west elevation of the property for the receipt of deliveries.
Brochures
16 St. Andrews Square, Buckie, Banffshire, AB56 1BT
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Keith Station8.5 miles
About DM Hall, Aberdeen
4-5 Union Street, Aberdeen, AB11 6BR
Notes
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