FOR SALE BY ONLINE BY ONLINE AUCTION THURSDAY 25TH OF JULY AT 9AM. ***HUGELY DISCOUNTED RETAIL UNIT***---Expected Rental Value £5,200 per annum--Affordable Lot Size***Popular Size unit: circa 429 sq ft***Huge potential rental yield of 30% at guide price *** Exceptional Opportunity***
• ***This Retail Unit Must Be Sold*** High daily volume of passing traffic being on popular location on Key arterial route into Aberdeen city centre*** Vendor Requires Urgent Sale Hence Reduced Guide Price***
• ***226 Victoria Rd Sold £50k (Mar 24)***266 Victoria Rd Sold £80k (Nov 23)***276 Victoria Rd Sold £195k (Oct 23)*** 150B Victoria Rd Sold £72k (Aug 23)***203 Victoria Rd Sold £50k (May 23)***
• Aberdeen is Scotland’s 3rd City with a greater catchment population of circa 260,000 people. The City hosts 2 x Highly regarding Universities and has a student population of circa 30,000 during peak term times***
• Aberdeen is an established global energy hub with a World class Oil & Gas sector. The City is now developing its Clean Energy sector*** This is a great opportunity to acquire a small commercial unit with huge potential upside.
***Heavily discounted retail unit***Great Size: Circa 429 Sq ft*** Popular main arterial route into Aberdeen City Centre*** High passing volume of traffic*** Expected potential rent of £5200 per annum----MASSIVE POSSIBLE RENTAL YIELD OF 30% AT GUIDE PRICE--- The subjects are situated on the east side of Victoria Road, between Grampian Road and Mansefield Road. Victoria Road is the main thoroughfare through Torry, and this part of Victoria Road serves as the primary retailing area for the locality, with a mixture of local and national retailers occupying ground floor units, with residential accommodation typically at upper levels. Torry itself is a suburb which lies just south of the River Dee, a short distance south of Aberdeen City Centre and the harbour area. Established retail area with a plethora of local nearby traders. The subject comprises of a ground floor retail unit within a traditional three-storey granite and slate building. The premises has an aluminium framed and single glazed retail frontage, incorporating a pedestrian doorway. Internally, at ground floor level the property provides an open plan sales area to the front, with a further sales/staff area to the rear of the property. The flooring is of suspended design and overlaid with carpet. The walls are finished with painted plaster, and the ceiling incorporates a suspended roof tile system with inbuilt led lighting. Heating to the property is by way of gas radiators*** Property is being sold at heavily discounted price and MUST BE SOLD**
GUIDE PRICE: £17,000
To view legal documents for all properties, and to register for our online auctions please visit our website.
Purchases are subject to a Buyer’s Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup/Special Conditions in the Legal pack to confirm.
Please note that as per the Estate Agents Act 1979 the vendor of the property is a connected party.