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Commercial investment opportunity in Banff
Banff, AB45 - Get Access
Description
Commercial investment opportunity situated in a central location in Banff. For rental purposes, once renovated the property could potentially attract a monthly rental income of £400 - £500 per month (£4,800 - £6,000 per annum). The property would benefit from renovation and is sure to appeal to shrewd commercial landlords looking for potential investment or owner occupiers looking for an affordable unit to run a business from. The property has potential for change of use to a takeaway or café, subject to gaining the necessary licenses and permissions. It has a rateable value of £6,800 per annum and benefits from 100% small business relief. Situated in a main road location, the property benefits from good footfall. The accommodation comprises a retail area, WC, storage rooms, and office space. It offers excellent development potential and could suit a variety of uses such as a vape shop, barber, or hairdressers. Banff is a historic coastal town in Aberdeenshire offering commercial investors a compelling mix of stability, affordability, and long-term potential. Anchored by its harbour, strong local services, and proximity to the A98, Banff serves a wide rural catchment and benefits from steady demand for retail, hospitality, industrial, and office space tied to agriculture, fishing, tourism, and the wider Aberdeenshire economy. Property prices and yields remain attractive compared with larger Scottish cities, while limited new supply supports rental resilience.
Comparable sales
No comparables available.