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Retail Property (high street) for sale

Linkshouse, Mid Yell, Shetland

Guide Price* £60,000

Property Description

Key features

  • Auction Date: 17th - 18th December 2018
  • Freehold property
  • Retail shop & ancillary outbuildings
  • Approx. 0.33 acre site
  • Potential residential development (STP)
  • Potential change of use (STP)
  • Close to local amenities
  • Close to ferry terminal
  • Close to the beach

Full description

•For Sale By Online Auction Date: 17th - 18th December 2018
•Guide Price: £60,000+
•Former Local Stores & Post Office
•Sought After Location
•Potential Development Opportunity (STP)

Situated on a site extending to approx. 0.33 acres, the property is entered via the main shop doorway to a large retail area with glazed window display. To the side is a further retail space which includes a partitioned former Post Office unit in one corner. At the rear of the main space is a further retail / storage area with office and store to the side, and further store leading through to a staff area with kitchenette & toilet.

The property is situated across the road from the pier and beach in the centre of the village of Mid Yell on Yell, the larger of Shetland’s North Isles, the village being Yell's main population centre and the location for its main amenities including the Junior High School, leisure centre & swimming pool, medical & care centres.

Yell is approximately 19 miles long by 7.5 miles wide and having a population of around 1,000, and is connected to Mainland Shetland by a regular ferry service.

Despite the remote ‘get-away-from-it-all’ location, the mainland is still easily accessible with a daily ferry service linking Shetland with Orkney & Aberdeen, and regular flights to Aberdeen, Glasgow & Edinburgh.

Description Continued - Outside there is a detached shed comprising a general storage area with additional partitioned area at the rear which used to house the sorting office. In addition there is also a single garage in a block of three.

There is a large derelict stone built dwelling in a state of disrepair sited on the site that extends to approx. .33 acres.

Accommodation - Main Building: 215 m2 (2314 ft2)
Detached Shed: 58m2 (624 ft2)
Single Garage: 13 m2 (140 ft2)

Please note: measurements provided by a third party.

Services - Potential buyers are advised to make their own investigations

Tenure - The property is freehold

Business Rates - The current rateable values are as follows Shop £2,175; Shed £370; Garage £60

Guide Price - £60,000+

Vat - Potential buyers are advised to make their own investigations

Buyers Premium - 2% (min. £3,600) inc. VAT

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Investment Analysis

Other uses may be possible although this would be dependent on any necessary consents required and again prospective purchasers should satisfy themselves in this regard.


More information from this agent

To view this property or request more details, contact:

John Pye Property, Nottingham

James Shipstone House, Radford Road, New Basford, Nottingham, NG7 7EA

0115 798 0657 Local call rate

How much will it cost me to call the number displayed on the site?

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Map & Street View

To view this property or request more details, contact:

John Pye Property, Nottingham

James Shipstone House, Radford Road, New Basford, Nottingham, NG7 7EA

0115 798 0657 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 28138414. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by John Pye Property, Nottingham . Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call John Pye Property, Nottingham on 0115 970 6060.


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