Broad Street, Fraserburgh, Aberdeenshire, AB43

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.