Property Details: • Type: Commercial Development • Tenure: FREEHOLD • Floor Area: N/A
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.
Location: • Nearest Station: Keith Station • Distance to Station: 17.87564439586316 miles
Agent Information: • Address: 100 West Regent Street, Suite 3.02, Glasgow, G2 2QD
Full Description: <ul><li style="font-weight:400"><span style="font-weight:400">PRIME NEW ENTRY. We are excited to present this commercial Investment opportunity, situated in a centre location in Banff.</span></li></ul> <br /><ul><li style="font-weight:400"><span style="font-weight:400">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).</span></li><li style="font-weight:400"><span style="font-weight:400">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.</span></li></ul> <br /><ul><li style="font-weight:400"><span style="font-weight:400">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.</span></li></ul> <br /><ul><li style="font-weight:400"><span style="font-weight:400">Property is situated on a main road location, benefiting from good footfall. </span></li></ul> <br /> <br /> <br /><span style="font-weight:400">PRIME NEW ENTRY. We are excited to present this Excellent Commercial Investment opportunity within a prime location in Banff.</span> <br /> <br /><span style="font-weight:400">Property Comprises: retail area, WC, storage rooms and office space. </span> <br /> <br /><span style="font-weight:400">Excellent development potential. Property could suit a variety of uses such as vape shop, barber, hairdressers etc. </span> <br /> <br /><span style="font-weight:400">Once renovated, Property could potentially achieve a monthly rent of £4,800 - £6,000 per annum. Excellent yield potential.</span> <br /> <br /><span style="font-weight:400">***Rateable Value £6,800 p/a***</span> <br /> <br /><span style="font-weight:400">Location ensures good footfall and is sure to appeal to investors and business owners alike.</span> <br /> <br /> <br /> <br /><span style="font-weight:400">Location: </span> <br /> <br /> <br /> <br /><span style="font-weight:400">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.</span>
