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Discounted High Yielding Commercial Property, 51 Comrie Street, Crieff, PH7 4AX

not specified / Retail / Investment

For Sale - £42,000.00

Available - Last updated: 22 June 2024

The Property is  a spacious commercial with underground storage, Located in a prime location for passing trade and is sure to appeal to a shrewd investor looking for a high yielding rental opportunity.

The Property has the potential to achieve a rental income of £580 p/m (£6960 p/a) - £625 p/m (£7500 p/a) which returns an outstanding yield of 19% - 21% per annum, based of a guide price of £35,000.

Property value sure to appreciate and or after renovation, would suit either owner occupier or investor looking for an easily lettable property 

Property benefits from good footfall and is sure to appeal to landlords looking for an affordable commercial investment. The rateable value is £2,200, which means 100% rate relief (subject to qualification)

Location

Crieff is a market town in Perth and Kinross, Scotland. It lies on the A85 road between Perth and Crianlarich and also lies on the A822 between Greenloaning and Aberfeldy. Crieff is the main town of Strathearn lying on the southern edge of the Scottish Highlands. It has been a holiday resort since Victorian times and is the second largest town in Perthshire with a population of almost 6000. The town spills from the Knock, the wooded hill above, down to the River Earn. James Square with it's fountain marks the centre of the town. There are a number of tourist attractions such as Glenturret Distillery (Scotland's oldest) and hotels including the grand Victorian spa - the Crieff Hydro.

Accommodation

Property Comprises: Large workspace,washroom, office and huge storage space.

Terms

Guide Price - £42,000

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

  • Excellent, High Yielding Commercial Investment within a prime location in 51 Comrie Street. - Guide price £45,000
  • The Property is  a spacious commercial with underground storage, Located in a prime location for passing trade and is sure to appeal to a shrewd investor looking for a high yielding rental opportunity.
  • The Property has the potential to achieve a rental income of £580 p/m (£6960 p/a) - £625 p/m (£7500 p/a) which returns an outstanding yield of 19% - 21% per annum, based of a guide price of £35,000. 
  • Property benefits from immediate cash flow. Property value sure to appreciate and or after renovation.
  • Property benefits from good footfall and is sure to appeal to landlords looking for an affordable commercial investment.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Guide Price For Sale Freehold £42,000.00 NA

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Contact agents

John Morris & Luis Guarin

Prime Property Auctions

0141 538 0212

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