FOR SALE
RETAIL UNIT WITH RESIDENTIAL ACCOMMODATION
• OFFERS OVER £425,000
• LOCATED WITHIN THE MAIN RETAILING THOROUGHFARE OF BANCHORY
• FIRST FLOOR SUITABLE FOR CONVERSION TO RESIDENTIAL
Location
The subjects are located on the north side of High Street, within the main commercial/retail
thoroughfare of Banchory, which benefits from a high profile and good visibility from passing
traffic. The surrounding properties are in similar commercial usage at ground floor level with
predominantly residential use within the upper floors. Commercial occupiers within the immediate
vicinity include W H Smith, The Co-operative and The Royal Bank of Scotland, as well as the rest
of local retailers and hotels/pubs.
The subjects benefit from a private car park at the rear of the property accessed via an archway
direct from the High Street. Further car parking is available within the surrounding streets on a
Pay and Display basis.
The Ordnance Survey extract overleaf is for identification purposes only.
Accommodation
The subjects provide the following accommodation:-
ACCOMMODATION m² ft²
Retail Ground Floor 83.08 (894)
Retail First Floor 87.91 (946)
2nd Floor - Flat 1 65.97 (710)
2nd Floor - Flat 2 51.48 (554)
Total 288.44 3,104
The foregoing areas have been calculated on a net
internal area basis for the retail element and on a gross
internal area basis for the residential accommodation, in
accordance with the Code of Measuring Practice (Sixth
Edition) as prepared by the RICS.
Terms
CURRENT USE:
The subjects are currently used as retail premises over
ground and first floor and therefore benefits from Class
1 retail consent in terms of The Town and Country
Planning Use Classes (Scotland) Order 1997 with
residential consent above.
OPPORTUNITY:
The first floor sales area was formerly in residential use
and therefore would be suitable for conversion.
PRICE:
Offers in excess of £425,000 are invited.
RATEABLE VALUE:
The subjects are currently entered in the Valuation Roll
at a Rateable Value of £23,500 per annum. We would
point out that an incoming occupier would have the
opportunity to appeal this Rateable Value.
VAT:
All rents, prices, premiums etc., are quoted exclusive of
VAT at the prevailing rate.
ENERGY PERFORMANCE CERTIFICATE:
The subjects have a current Energy Performance Rating
of “ TBC “.
Further information and a recommendation report is
available to seriously interested parties on request.
ENTRY DATE:
Immediate entry is available.
VIEWING:
For further information or viewing arrangements please
contact the sole agents:-
J & E Shepherd, Chartered Surveyors
35 Queens Road, Aberdeen AB15 4ZN
Tel: 01224 202800 Fax: 01224 202802
Publication date: April 2015
Email: s.young@shepherd.co.uk or
mark.mcqueen@shepherd.co.uk
Contact: Scott Young or Mark McQueen
Specification
The subject property comprises a ground and first floor retail unit with two residential flats above.
Within a three storey granite and block work building under a mineral felt covered roof with a rear
single storey extension of block work construction under asbestos roofing. Access is provided to
the property via a recessed timber and glazed pedestrian doorway.
Internally, the accommodation has been laid out to provide a ground floor sales area within the
original building and storage/staff accommodation and customer changing rooms within the
extension. A staircase within the main sales area leads to the first floor, which provides further
sales space or storage, an office and staff room including WC. The property is suspended timber
flooring overlaid in carpet throughout, whilst the walls and ceilings are of lath and plaster design
with both paper and painted finishes. Natural day lighting is provided by a timber and glazed
display window at ground floor level and single glazed timber frame windows on the first floor.
The residential accommodation is accessed via an external concrete staircase to the rear of the
property. The residential flats, which are located on the second floor, are each laid out to provide
a sitting room, bathroom, kitchen and two bedrooms. Each unit has suspended timber flooring
throughout with plasterboard walls and ceilings overlaid in a mixture of carpet, laminate and vinyl.
At the rear of the property there is a single storey lean-to outbuilding of block work construction,
harled externally and an asbestos roof adjoining the rear extensions. Their buildings are used
for storage and to house the boiler. The private car park to the rear of the property comprises a
partially concrete and partially hardcore yard with space for approximately 4 cars.