5-7 Strait Path, Banff, AB45 1AD
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Commercial development for sale
Key features
- PRIME NEW ENTRY. We are excited to present this commercial Investment opportunity, situated in a centre location in Banff.
- For rental purposes, once renovated the property could potentially attract a monthly rental income of £400-£500 p/m (£4,800-£6,000 p/a).
- Property would benefit from renovation. Sure to appeal to shrewd commercial landlords looking for potential investment or owner occupiers looking for an affordable unit to run a business from.
- Property has Potential for change of use to takeaway/cafe, subject to gaining necessary licenses and permissions. Rateable Value £6,800 p/a benefiting from 100% small business relief.
- Property is situated on a main road location, benefiting from good footfall.
Description
- PRIME NEW ENTRY. We are excited to present this commercial Investment opportunity, situated in a centre location in Banff.
- For rental purposes, once renovated the property could potentially attract a monthly rental income of £400-£500 p/m (£4,800-£6,000 p/a).
- Property would benefit from renovation. Sure to appeal to shrewd commercial landlords looking for potential investment or owner occupiers looking for an affordable unit to run a business from.
- Property has Potential for change of use to takeaway/cafe, subject to gaining necessary licenses and permissions. Rateable Value £6,800 p/a benefiting from 100% small business relief.
- Property is situated on a main road location, benefiting from good footfall.
PRIME NEW ENTRY. We are excited to present this Excellent Commercial Investment opportunity within a prime location in Banff.
Property Comprises: retail area, WC, storage rooms and office space.
Excellent development potential. Property could suit a variety of uses such as vape shop, barber, hairdressers etc.
Once renovated, Property could potentially achieve a monthly rent of £4,800 - £6,000 per annum. Excellent yield potential.
***Rateable Value £6,800 p/a***
Location ensures good footfall and is sure to appeal to investors and business owners alike.
Location:
Banff, a historic coastal town in Aberdeenshire, offers commercial investors a compelling mix of stability, affordability, and long-term potential. Anchored by its harbour, strong local services, and proximity to the A98, Banff serves a wide rural catchment and benefits from steady demand for retail, hospitality, industrial, and office space tied to agriculture, fishing, tourism, and the wider Aberdeenshire economy. Property prices and yields remain attractive compared with larger Scottish cities, while limited new supply supports rental resilience.
5-7 Strait Path, Banff, AB45 1AD
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Keith Station17.9 miles
Notes
Disclaimer - Property reference 224012464. 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, 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, Glasgow on 0141 673 3554.
*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.”