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Investment property with development potential
Fraserburgh, AB43 - Get Access
Description
This vacant commercial unit is located within a prime location in Fraserburgh. The property spans 25.20 square metres and comprises an inviting entrance, a conveniently located main floor WC, and a practical storage room. Offering potential to achieve £9,000 per annum, this unit translates to an impressive gross yield of 26%, making it an attractive investment opportunity. While the property requires renovation to reach its full potential, once refurbished, it is certain to appeal to business owners searching for their next strategic location. With a rateable value of £1,392, the property benefits from low-rate relief, offering significant savings for anyone looking to embark on their next affordable venture. Fraserburgh is a bustling town known for its rich maritime history and vibrant community, offering a thriving commercial environment that makes it an ideal spot for businesses to flourish.
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Estimated market value
£
Range:
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Medium confidence
Floor Area: 271 sq ft (Listing)
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