Great sized commercial unit set in a busy street in Nairn. ***GUIDE PRICE £55,000***
The property once tenanted could achieve £800 - 850 pcm (£9,600 - £10,200 P/A) This would provide an outstanding 17 - 19% gross yield if achieved for the guide price of £55,000.
Sure to appeal to commercial landlords looking for a potential high-yielding commercial property. ***Massive rental income opportunity ***
Large commercial premises could benefit from a degree of renovation and customisation to unlock the property's full potential.
The rateable value of £7,500, which falls into the small business rates relief.
Rental potential of £9,600 - £10,200 per annum!
The property benefits from good footfall and is sure to appeal to landlords looking for an affordable commercial investment. Would suit an owner occupier or a commercial landlord looking for an easily lettable commercial property, subject to gaining the necessary information and planning.
The property is currently vacant and could benefit from a degree of renovation and customisation to unlock the property's full potential.
Location
Nairn is nestled within the Highland region of Scotland, approximately 16 miles northeast of Inverness and 30 miles southwest of Elgin. The tranquil coastal town boasts a resident population of around 11,000, offering a perfect blend of scenic beauty and urban convenience. High Street stands as the bustling heart of Nairn's retail district, bustling with charming shops, cafes, and local businesses. A well-designed road network provides easy access to and from the area, ensuring seamless connectivity for residents and visitors alike. Surrounding the town, you'll find a mix of residential and commercial properties, creating a vibrant community atmosphere.
Accommodation
The property was previously used as office space. The property would lend itself to a variety of uses, such as office, shop unit, café or more. There could be potential to run as a hot food takeaway, subject to researching and gaining the necessary consent.
Terms
Guide Price - £45,000
Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.
Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.
Specification
- Great sized commercial unit set in a busy street in Nairn. ***GUIDE PRICE £55,000***
- Sure to appeal to commercial landlords looking for a potential high-yielding commercial property. ***Massive rental income opportunity ***
- The property once tenanted could achieve £800 - 850 pcm (£9,600 - £10,200 P/A) This would provide an outstanding 17 - 19% gross yield if achieved for the guide price of £55,000.
- Large commercial premises could benefit from a degree of renovation and customisation to unlock the property's full potential.
- The rateable value of £7,500 which fall into the small business rates relief.
- Property benefits from good footfall and is sure to appeal to landlords looking for an affordable commercial investment.