14-16, Errol Street, The Original Factory Shop, Peterhead, AB421PX
Business rates & charges may apply
- SIZE
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- SECTOR
Commercial property for sale
Key features
- 398.5sqm (4,290sq ft) Previously let to Original Factory Shop Held on F.R.I Lease with Passing Rent: £25,000p.a.x. Prominent Established Trading Opposite Car Park. ** PREVIOUSLY SOLD £330,
- The space offers a substantial frontage with multiple display windows and double door entrance at the easternmost side of the development. Achievable Rent : £35,000per annum
- The property extends to the following internal area; Ground: 398.5sqm (4,290sq ft) Partitions have been erected to form storage area, male and female w.c. facilities, staff tea prep and office.
- The property is situated on the north side of Erroll Street close to its junction with Marischal Street and Love Lane within the town of Peterhead.
- Peterhead is located approximately 32 miles north of Aberdeen on the A92 linking through to Fraserburgh.
Description
** SALE BY AUCTION - 23 July 2026 - Timed Online Auction **
The property comprises the ground floor of a larger 2 storey modern development surmounted by a pitched roof. The space offers a substantial frontage with multiple display windows and double door entrance at the easternmost side of the development. Internally the property is lit by way of fluorescent strips and halogen spots recessed within the suspended acoustic tile ceiling with floors being overlaid with ceramic tile. Partitions have been erected to form storage area, male and female w.c. facilities, staff tea prep and office. The property extends to the following internal area; Ground: 398.5sqm (4,290sq ft) The property was recently held on full repairing and insuring head lease on the following terms; Tenant: The Original Factory Shop Expiry: 23rd August 2033 Passing Rent: £25,000p.a.x. Review & Break: 24th August 2028 Now vacant.
The property is situated on the north side of Erroll Street close to its junction with Marischal Street and Love Lane within the town of Peterhead. Peterhead is located approximately 32 miles north of Aberdeen on the A92 linking through to Fraserburgh. The town has a resident population of circa 24,000 persons and enjoys a strong catchment given the drive time to Aberdeen. Traditionally focused on the fishing industry, Peterhead acts as a major service centre for the fishing, oil and gas industry.
Auction Details
23 July 2026, 10am-3pm
Timed Online Auction
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14-16, Errol Street, The Original Factory Shop, Peterhead, AB421PX
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Dyce Station25.8 miles
Notes
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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.”