Property Details: • Type: 1,142 sq ft • Tenure: N/A • Floor Area: N/A
Key Features:
Location: • Nearest Station: Inverurie Station • Distance to Station: 31.3 miles
Agent Information: • Address: 162 Buchanan Street, Glasgow, G1 2LL
Full Description: Town Centre Location Prominent Frontage Ground Floor 1,142sq ft Held on F.R.I Lease Expiry: 17th April 2029 Passing Rent: £10,000p.a.x Increasing to £12,000p.a Tenant Operates Multiple Stores Throughout Scotland Price: £125,000
Location
Fraserburgh is located approximately 40 miles (60 km) north of Aberdeen and 17 miles (25 km) north of Peterhead. It is a traditional fishing town, is the largest shellfish port in Scotland and one of the largest in Europe. The town is the second largest in Aberdeenshire with a population of circa 13,000 and an economy based on fishing and engineering. It is also a key centre for commercial and public service facilities. The area is experiencing a surge of interest with SpecSavers having acquired the property next door and opening this year.
Property
The property is of more traditional granite stone construction with a pitched slate roof.
The property has been fitted out to a high standard by the tenant with lighting provided by way of L.E.D panels and L.E.D spots recessed within the suspended acoustic tile ceiling, with heating and cooling by air conditioning units also mounted within the ceiling.
Floors have been overlaid by heavy duty linoleum with partition erected to the rear forming w.c. facilities, tea prep and office.
Area
The subjects have been measured on a Net Internal Area basis to extend to the following;
Ground: 106.1sqm (1,142sq ft)
Lease Summary
The property is held on a full repairing and insuring head lease on the following terms;
Tenant: Close To Next Gen Ltd t/a "Mobiles Factory Expiry: 17th April 2029 Passing Rent: £10,000p.a Rent Increase: April 2026 to £12,000p.a Tenant Break: 18th April 2027
NAV/RV
£12,250
Sale
The property is available on a freehold basis for £125,000
V.A.T.
Prices quoted are exclusive of V.A.T
E.P.C
Available on request
Title
Available on request
Viewing
By appointment only, alternatively virtual viewings can be booked.
Legal
Each party shall bear their own legal costs incurred in the transaction
Anti-Money Laundering
In order to comply with anti-money laundering legislation, the successful purchaser / tenant will be required to provide certain identification documents. The required documents will be confirmed to and requested at the relevant time.
