Shop On Main Street, Lumsden, AB54 4JP
- PROPERTY TYPE
Commercial Property
- SIZE
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Key features
- PRIME NEW LISTING. We are excited to present this remarkable mixed-use property consisting of a spacious 4-bedroom flat connected to a commercial shop, located within a prime location in Lumsden.
- **Westwood House, Main Street, Huntly AB54 4JP sold for £144,9500 in Jun 2016, Ashvale, The Square, Huntly AB54 4GQ sold for £160,000 in May 2021**
- This property, located in an exceptionally sought-after area, promises impressive rental incomes, achieving approximately £1,500 per month or £18,000 per annum. Acquiring this flat at the guide pri
- Sure to appeal to shrewd investors and developers looking for a rare project with the potential to convert back into a residential building, subject to securing the necessary planning consents.
- An ideal choice for investors seeking a high-yielding opportunity with great development potential, ensuring both immediate and long-term investment returns.
Description
- PRIME NEW LISTING. We are excited to present this remarkable mixed-use property consisting of a spacious 4-bedroom flat connected to a commercial shop, located within a prime location in Lumsden.
- **Westwood House, Main Street, Huntly AB54 4JP sold for £144,9500 in Jun 2016, Ashvale, The Square, Huntly AB54 4GQ sold for £160,000 in May 2021**
- This property, located in an exceptionally sought-after area, promises impressive rental incomes, achieving approximately £1,500 per month or £18,000 per annum. Acquiring this flat at the guide price could allow for a remarkable gross yield.
- Sure to appeal to shrewd investors and developers looking for a rare project with the potential to convert back into a residential building, subject to securing the necessary planning consents.
- An ideal choice for investors seeking a high-yielding opportunity with great development potential, ensuring both immediate and long-term investment returns.
PRIME NEW LISTING. We are excited to present this remarkable mixed-use property consisting of a spacious 4-bedroom flat connected to a commercial shop, located within a prime location in Lumsden.
The property comprises a spacious and inviting 4-bedroom flat that seamlessly connects to a well-positioned commercial shop on the ground floor.
This property, located in an exceptionally sought-after area, promises impressive rental incomes, achieving approximately £1,500 per month or £18,000 per annum. Acquiring this flat at the guide price could allow for a remarkable gross yield.
Sure to appeal to shrewd investors and developers looking for a rare project with the potential to convert back into a residential building, subject to securing the necessary planning consents.
An ideal choice for investors seeking a high-yielding opportunity with great development potential, ensuring both immediate and long-term investment returns.
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.
Excellent sales evidence in the area:
**Westwood House, Main Street, Huntly AB54 4JP sold for £144,9500 in Jun 2016, Ashvale, The Square, Huntly AB54 4GQ sold for £160,000 in May 2021**
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
Lumsden is a charming village located in the scenic Aberdeenshire region. Known for its picturesque landscapes and friendly community, the area offers a serene lifestyle while being conveniently connected to larger towns. Ideal for those seeking tranquility with easy access to amenities.
Shop On Main Street, Lumsden, AB54 4JP
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Insch Station10.3 miles
About Prime Property Auctions (Scotland) Ltd, Glasgow
100 West Regent Street, Suite 3.02, Glasgow, G2 2QD

Notes
Disclaimer - Property reference 226649240. 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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