18 Princess Street, Thurso, KW14 7BQ
- PROPERTY TYPE
Restaurant
- SIZE
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Key features
- PRIME NEW LISTING. We are excited to present this tenanted commercial opportunity located within a prime location in Thurso.
- *Charming 2-story building featuring a welcoming ground floor entrance and well-maintained toilets, a spacious dining area on the second floor accommodating up to 46 people with a cosy bar and waitin
- Currently operating as a LICENSED RESTAURANT, this property is generating a steady rental income of £2400 per month, totalling £28,800 annually, promising a robust return on investment.Securing thi
- This property offers a hassle-free, long-term investment, with a secure lease in place until 2034. It's crafted to appeal to savvy investors in search of exceptional commercial investment opportuniti
- Situated in a prime location, this property benefits from excellent visibility and accessibility, attracting commercial landlords seeking a strategic investment in a bustling area.
Description
- PRIME NEW LISTING. We are excited to present this tenanted commercial opportunity located within a prime location in Thurso.
- *Charming 2-story building featuring a welcoming ground floor entrance and well-maintained toilets, a spacious dining area on the second floor accommodating up to 46 people with a cosy bar and waiting area*
- Currently operating as a LICENSED RESTAURANT, this property is generating a steady rental income of £2400 per month, totalling £28,800 annually, promising a robust return on investment. Securing this property at the guide price could yield a remarkable gross return of 10.4%.
- This property offers a hassle-free, long-term investment, with a secure lease in place until 2034. It's crafted to appeal to savvy investors in search of exceptional commercial investment opportunities without the usual complexities.
- Situated in a prime location, this property benefits from excellent visibility and accessibility, attracting commercial landlords seeking a strategic investment in a bustling area.
PRIME NEW LISTING. We are excited to present this tenanted commercial opportunity located within prime location in Thurso.
The property comprises a charming 2-story building featuring a welcoming ground floor entrance and well-maintained toilets, a spacious dining area on the second floor accommodating up to 46 people with a cosy bar and waiting area, and a well-equipped kitchen with ample storage on the third floor.
Currently operating as a LICENSED RESTAURANT, this property is generating a steady rental income of £2400 per month, totalling £28,800 annually, promising a robust return on investment.Securing this property at the guide price could yield a remarkable gross return of 10.4%.
This property offers a hassle-free, long-term investment, with a secure lease in place until 2034. It's crafted to appeal to savvy investors in search of exceptional commercial investment opportunities without the usual complexities.
Situated in a prime location, this property benefits from excellent visibility and accessibility, attracting commercial landlords seeking a strategic investment in a bustling area.
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.
The purchase of the property is strictly subject to the contents of the Legal Pack. Any bid submitted shall be deemed binding and made in full acceptance of, and compliance with, all terms, conditions, and information contained within the Legal Pack, which is available for inspection upon request.
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
Thurso is the northernmost town on the British mainland, known for its stunning coastal location and rich history. It offers a blend of scenic beauty and vibrant community life, making it an attractive spot for both tourists and businesses.
18 Princess Street, Thurso, KW14 7BQ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Thurso Station0.4 miles
About Prime Property Auctions (Scotland) Ltd, Glasgow
100 West Regent Street, Suite 3.02, Glasgow, G2 2QD
Notes
Disclaimer - Property reference 225922530. 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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