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Sunrise Chinese Takeaway, Shore Street, Fraserburgh, AB43 7ER

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1

Key features

  • Prime Property Auctions is excited to bring to market this exceptional Mixed Use Portfolio located within a prime location in Fraserburgh. ***Guide of £165,000***
  • ***5, Shore Street,, Fraserburgh, AB43 7ER previously sold £126,000, Seaview, Shore Street, Fraserburgh, AB43 7ER sold for £115,000, Seaview Cottage, 5, The Terrace, Fraserburgh, AB43 7EP sold for
  • Residential flat is CURRENTLY TENANTED and achieving rental income of £1000 p/m (£13,000 p/a) which could attract an excellent 7% gross yield if achieved for the guide price of £185,000
  • Previously run as a popular Chinese takeaway, the property benefits from a large commercial premises fitted with ready to use equipment and a spacious 2 bedroom flat to the top. ***RATEABLE VALUE £1
  • 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 is excited to bring to market this exceptional Mixed Use Portfolio located within a prime location in Fraserburgh. ***Guide of £165,000***

 
  • ***5, Shore Street,, Fraserburgh, AB43 7ER previously sold £126,000, Seaview, Shore Street, Fraserburgh, AB43 7ER sold for £115,000, Seaview Cottage, 5, The Terrace, Fraserburgh, AB43 7EP sold for £135,000***

 
  • Residential flat is CURRENTLY TENANTED and achieving rental income of £1000 p/m (£13,000 p/a) which could attract an excellent 7.8% gross yield if achieved for the guide price of £165,000

 
  • Previously run as a popular Chinese takeaway, the property benefits from a large commercial premises fitted with ready to use equipment and a spacious 2 bedroom flat to the top. - ***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.

 

Prime Property Auctions is excited to bring to market this exceptional Mixed Use Portfolio located within a prime location in Fraserburgh. **Guide of £165,000***

 

Property comprises: Commercial unit: Customer service counter, cooking equipment, large cooking area, kitchen, WC. Flat upstairs: Entrance hallway, Living room, 2 bedroom, Kitchen and Bathroom 

 

Prime Opportunity for Commercial investors looking for a property  in an excellent location with high yield potential. Sure to appeal to investors looking for an affordable commercial investment opportunity. Large 2 Bed flat set above commercial unit. 

 

Great capital growth potential. The local area has seen some great sales comparables recently showing that there is strong demand. 

 

Local sales evidence:

 

5, Shore Street,, Fraserburgh, AB43 7ER previously sold £126,000, Seaview, Shore Street, Fraserburgh, AB43 7ER sold for £115,000, Seaview Cottage, 5, The Terrace, Fraserburgh, AB43 7EP sold for £135,000

 

For rental purposes, the property is achieving rental income of £1000 p/m (£13,000 p/a) which could attract an excellent 7.8% gross yield if achieved for the guide price of £165,000. Property benefits from a rateable value of £10,000.

 

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “OFFER NOW” button on our website.

 

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. For further details on how to have a bidding account created please contact the team.

 

Location: 

 

Perched on the picturesque coastline of Aberdeenshire, Fraserburgh emerges as a promising investment destination ripe with potential. With its rich maritime heritage, stunning landscapes, and burgeoning tourism sector, Fraserburgh offers diverse opportunities across various industries. The town's strategic location along the North Sea and proximity to major transportation routes make it an attractive hub for commercial and residential developments. Investors can capitalise on Fraserburgh's historic charm and vibrant community spirit by supporting local businesses, cultural initiatives, and infrastructure projects. Additionally, the town's access to pristine beaches, rugged cliffs, and outdoor recreational activities presents opportunities for tourism, hospitality, and leisure ventures. Investing in Fraserburgh not only promises financial returns but also contributes to the town's continued growth and prosperity as a thriving coastal gem in Scotland.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Sunrise Chinese Takeaway, Shore Street, Fraserburgh, AB43 7ER

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About Prime Property Auctions (Scotland) Ltd, Glasgow

100 West Regent Street, Suite 3.02, Glasgow, G2 2QD
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Prime Property Auctions is an experienced Property Auction Company, Specialising in Investment Property across Scotland. We can help sell your property be it Residential, Commercial or Land. We have cash buyers looking to buy all property types in any condition, offering a Fast Sale Process.

Each Auction offers a variety of properties. Properties are accepted from one of landlord to Private disposals and Corporate Vendors. We are here to help all potential clients. Auctions are a great tool for property owners who are looking a fast sale for a great price.

We hold several live events online throughout the year. To feature in our upcoming auction get in contact now.

If you are looking for an easy no hassle sale process then look no further than Prime Property Auctions. Our team is ready to help you sell your property FAST for a GREAT PRICE. Get in contact with the team today to request a Free Auction Valuation and discuss how the auction process works. At Prime Property Auctions we pride ourselves on providing unrivalled service where we can have your property sold for a great price as quickly as possible.

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Disclaimer - Property reference 204098588. 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 Prime Property Auctions (Scotland) Ltd, Glasgow. 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.

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 Prime Property Auctions (Scotland) Ltd, Glasgow on 0141 465 5880.

*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.”

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