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Development Opportunity For Sale, 44 Broad Street, Peterhead, AB42 1BX

2,719 Sq Ft / Retail

For Sale - £75,000.00

Available - Last updated: 17 October 2024

The subjects comprise of a three storey end terraced building with a large frontage onto Broad Street. The building is of a traditional granite construction arranged over three floors with a pitched and slated roof. Access to the property is via a timber pedestrian framed doorway directly from Broad Street. Internally, floors are of a suspended timber design overlaid in a mixture of carpet and linoleum floor coverings. Walls throughout the property have been plastered and painted with ceilings also plastered and painted and further incorporating a mixture of fluorescent strip and spot light fitments.

Access to the upper floors of the property is via a timber framed staircase. The subjects have been split to provide retailing space at ground and first floors with the second floor previously utilised for residential accommodation/storage. W.C facilities can be located at first floor and second floor level. Natural daylight is provided via a number of sash and case windows located throughout the property.

Location

The subjects are located on the south side of Broad Street, within Peterhead town centre. Surrounding properties are a mixture of retail and offices at both ground and upper floor levels. The harbour area lies a short distance to the east. Car parking facilities are located via the public car park in the central section of Broad Street which is on a pay and display basis

Accommodation

Ground – Sales 82.99 sq m (892 sq ft )

Mezzanine – Toilet/Staff 3.85 sq m (41sq ft )

First – Sales 89.20 sq m (960 sq ft )

Second – Storage 76.65 sq m (825sq ft )

TOTAL 252.59sq m ( 2,718sq ft )

Terms

PRICE £75,000 is sought for our clients heritable interest.

USE Historically, the premises has been utilised as a retail unit and could continue to be used as such. However, the premises could also lend itself as a residential redevelopment opportunity. To date no planning applications have been lodged in this respect and we recommend interested parties discuss their intended use with the local authority planners.

RATING The subjects are currently entered into the Valuation Roll at a Rateable Value of £10,250 We would point out that an incoming occupier would have the opportunity to appeal this Rateable Value.

ENERGY PERFORMANCE CERTIFICATE The subjects have a current Energy Performance Rating of ‘D’. Further information and a recommendation report is available to seriously interested parties on request.

VAT All rents, prices, premiums etc., are quoted exclusive of VAT.

LEGAL COSTS Each party will be responsible for their own legal costs incurred with the ingoing occupier being responsible for any Registration Dues and LBTT where applicable.

Specification

  • SUBSTANTIAL BUILDING WITHIN PETERHEAD TOWN CENTRE 
  • POTENTIAL DEVELOPMENT OPPORTUNITY SUBJECT TO PLANNING 
  • 100% RATES RELIEF AVAILABLE TO QUALIFYING PURCHASERS

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
For Sale £75,000.00 NA

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Mark Mcqueen

Shepherd Commercial

01224 516064

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