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COMMERCIAL

2 The Shore, Wick, KW1 4LU

Guide Price
£265,000
Prime Property Auctions (Scotland) Ltd, Glasgow
PROPERTY TYPE

Restaurant

SIZE

Ask agent

Key features

  • • PRIME NEW LISTING. We are excited to present this tenanted restaurant commercial unit located within a prime location in Wick.
  • • This unit is perfectly positioned for an ambitious investor looking to add to their portfolio. Situated in a prime location with strong foot traffic and ample passing trade, it is an opportunity
  • • The property currently produces a whopping £35000 per annum in rental income. If bought at the guide price, this would produce a fantastic 14% yield based on the guide price.
  • • With the property being offered at an exceptional price, it represents a fantastic chance for investors to capitalise on both rental and capital growth potential. Don't miss out on this exciting
  • • The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Description

  • PRIME NEW LISTING. We are excited to present this tenanted restaurant commercial unit located within a prime location in Wick.

 
  • This unit is perfectly positioned for an ambitious investor looking to add to their portfolio. Situated in a prime location with strong foot traffic and ample passing trade, it is an opportunity not to be missed.

 
  • The property currently produces a whopping £35000 per annum in rental income. If bought at the guide price, this would produce a fantastic 14% yield based on the guide price. 

 
  • With the property being offered at an exceptional price, it represents a fantastic chance for investors to capitalise on both rental and capital growth potential. Don't miss out on this exciting opportunity to generate substantial yield and profit.

 
  • The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

 

PRIME NEW LISTING. We are excited to present this tenanted restaurant commercial unit located within a prime location in Wick.

 

The property comprises an inviting entrance, a spacious main floor area, a well-appointed bar, modern toilets, a fully equipped kitchen, and ample storage rooms throughout.

 

This unit is perfectly positioned for an ambitious investor looking to add to their portfolio. Situated in a prime location with strong foot traffic and ample passing trade, it is an opportunity not to be missed.

 

The property currently produces a whopping £35000 per annum in rental income. If bought at the guide price, this would produce a fantastic 14% yield based on the guide price. 

 

With the property being offered at an exceptional price, it represents a fantastic chance for investors to capitalise on both rental and capital growth potential. Don't miss out on this exciting opportunity to generate substantial yield and profit.

 

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

 

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

Wick is a charming town situated in northeastern Scotland, known for its rich history and picturesque surroundings. Its coastal location and vibrant community make it a desirable place for business and leisure activities.

2 The Shore, Wick, KW1 4LU

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wick Station0.4 miles

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.

Notes

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Disclaimer - Property reference 224680157. 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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