Back to Prime Property Auctions

Investment property with conversion potential

New Aberdour, AB43 - Get Access

Description

This vacant commercial building is located in a prime location in Fraserburgh. The property comprises a substantial former B-listed hotel, offering a multitude of spacious rooms with the potential for versatile use. This property is sure to appeal to shrewd investors or small developers looking for a rewarding project with vast potential. Offering the exciting prospect of conversion, this former B-listed hotel could potentially be transformed into a residential property, ideally situated in Fraserburgh, subject to gaining necessary permissions. Situated on the High Street, the property benefits from high footfall, making it an attractive opportunity for those seeking to maximise visibility and accessibility. Fraserburgh, a bustling town located in the northeast of Scotland, is renowned for its rich maritime heritage and vibrant community spirit. Offering a mix of local amenities, picturesque coastal scenery, and a thriving local economy, Fraserburgh provides an ideal setting for investors and developers seeking opportunities in a dynamically growing area.
Comparable sales
No comparables available.
Unlock the full valuation
  • Exact estimated value and full value range
Unlock full report