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Commercial property in Peterhead

Peterhead, AB42 - Get Access

Description

Spacious C-listed commercial office opportunity in the heart of Peterhead. This substantial former Aberdeenshire Council office extends to approximately 454 sq. metres across four levels, including basement storage, ground, first and second floors. Vacant and well presented throughout, the property offers flexible office and ancillary accommodation suitable for a single occupier or an excellent commercial multiple occupancy (CMO) investment opportunity. Benefitting from strong local demand driven by major investment projects in the area, this prime central property is ideally positioned for investors and business owners alike. The property has a current rateable value of £22,000 and is elected for VAT. Offered at a highly competitive guide price, this is an outstanding commercial opportunity with significant rental and income potential. Early viewing is highly recommended. Peterhead is the largest town in Aberdeenshire and a key coastal hub at the north-east of Scotland. The town offers a good range of amenities including independent/national retail brands, cafés and services, while nearby coastal and rural surroundings are a magnet for outdoor enthusiasts. The A90 provides access south towards Aberdeen and north towards Fraserburgh. Regular bus services operate locally and to Aberdeen. Significant inward investment includes a number of ongoing regeneration programmes and multi-million-pound infrastructure and community projects. These initiatives, alongside energy sector expansion and port investment, are positioning Peterhead as a key strategic growth location within the north-east of Scotland.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
High confidence Floor Area: 6,722 sq ft (Floor plan)

The property is a C-listed commercial office building in Peterhead, Aberdeenshire. It comprises four levels, including basement storage, ground, first, and second floors, with a total advertised floor area of 4887 sq ft. The property is vacant and presented in fair condition, with dated elements in the kitchen and bathrooms requiring modernization. The valuation is based on the property's size, type, and location, with consideration given to its potential for commercial multiple occupancy (CMO) investment. No directly comparable sales within the same building were provided. Therefore, the valuation has been primarily informed by the general commercial property market in Peterhead, with adjustments made for the specific characteristics and condition of the subject property.

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