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Macduff, AB44 - Get Access

6 bed 1 bath

Description

This is a freehold portfolio comprising two former commercial units, a garage, land with outbuildings, and a six-bedroom residential dwelling, presenting a significant development opportunity with multiple potential uses. The property is particularly suited for serviced accommodation due to high tourist demand in the area, with potential nightly room rates up to £100. Planning permission has been granted for the formation of four flats under planning reference APP/2016/1771, with a corresponding Building Warrant reference BW/2016/2378. This makes it an ideal property for a shrewd investor looking to develop the site or purchase and split into individual sales for enhanced values. The property offers attractive development potential with high returns, with options including: buy and split, a holiday letting business (subject to licensing), or a easily managed residential/commercial portfolio. Future Property Auctions presents this substantial end-terraced maisonette with two former shop premises, a garage, and outbuildings, centrally located within Macduff. The existing residential accommodation spans the upper floors, featuring a lounge, kitchen, bathroom, and six bedrooms. Additionally, there is a garage and outbuilding to the rear. The ground floor consists of two former shops, offering substantial floor space and redevelopment potential. A Building Warrant (Ref: BW/2016/2378) has been approved for alterations, extension, and conversion of the existing dwelling and former shop premises into four flats. This presents an excellent opportunity for developers and investors to undertake a substantial conversion project, creating a multi-unit residential investment, subject to approved plans and all necessary consents. Key Features: - Six-bedroom maisonette - Lounge, kitchen, and bathroom - Two former shop units - Garage and extensive outbuildings - Rear access via School Lane - Building Warrant approved for conversion to 4 flats (Ref: BW/2016/2378) - Central Macduff location - Excellent development and investment opportunity Property Dimensions: Shop 1: 5.31m x 4.99m Store Room: 2.66m x 2.44m WC: 2.12m x 1.23m Shop 2: 5.72m x 5.60m Kitchen Area: 3.25m x 1.65m WC: 2.30m x 1.44m Store Room: 3.10m x 2.42m Garage: 5.16m x 5.05m Further Outbuildings: Upper Outbuilding: - Area 1: 3.13m x 2.53m - Area 2: 4.79m x 3.05m - Area 3: 6.19m x 3.04m Lower Outbuilding: - Coal Shed: 3.23m x 3.15m - Area 2: 3.26m x 2.03m - Area 3: 4.01m x 3.15m House - First Floor: Lounge: 4.74m x 4.38m Kitchen: 5.44m x 3.36m Bathroom: 3.31m x 1.82m Bedroom 1: 4.66m x 4.15m Bedroom 2: 3.66m x 3.07m Bedroom 3: 3.06m x 2.77m House - Top Floor: Bedroom 4: 5.44m x 4.18m Bedroom 5: 3.62m x 2.83m Bedroom 6: 5.50m x 5.23m Location: Macduff is an established coastal town on the Moray Firth, offering local amenities. Nearby Banff provides further facilities. The property is well-positioned for access to Aberdeenshire and transport links.