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Town Centre Retail premises, 27 Low Street, Banff, AB45 1AU

3,062 Sq Ft / Retail

To Let - £19,000.00 per annum

Available - Last updated: 17 July 2024

The shop comprises a retail unit set within a three storey and attic building with a pitched slate roof over. The premises benefits from an excellent triple window frontage.

Internally, the accommodation is spread over three floors comprising a spacious shop floor, work/storage areas, staff room facilities and two WCs. The premises would lend themselves to a variety of commercial uses, as well as redevelopment, subject to obtaining the appropriate planning permission.

Location

The property is located within the popular coastal town of Banff, which is located approximately 50 miles north of Aberdeen and around 35 miles east of Elgin. The Royal Borough of Banff is an important administrative service centre for the western half of Aberdeenshire North. More specifically, the subjects are located on the west side of Low Street where it meets the junction with Bridge Street. Low Street itself comprises part of the commercial town centre for Banff. Other occupiers within the vicinity include the Bank of Scotland, Cherry Tree Café, Happy Palace Takeaway and Lyon’s Den Business Hub.

Accommodation

SIZE – 284.44 SQM (3,062 SQFT)

Terms

RENTAL £19,000 Per Annum

LEASE TERMS The subjects are available on the basis of a new lease of negotiable duration.

RATEABLE VALUE The Rateable value as of 1st April 2023 for the subjects is shown on the Scottish assessors’ website as £9,600 per annum. The subjects would therefore qualify for small business rates relief should a qualifying occupier be identified

.ENERGY PERFORMANCE CERTIFICATE The subjects currently have an EPC rating of ‘D’. Further information and a recommendation report are available to seriously interested parties upon request

LEGAL COSTS Each party will be responsible for their own legal costs associated with the transaction with the ingoing tenant being responsible for any registration dues, LBTT, etc.

VAT All figures quoted are exclusive of VAT at the prevailing rate

Specification

  •  RENTAL – £19,000 PER ANNUM 
  • TRIPLE WINDOW FRONTAGE 
  • RETAIL PREMISES LOCATED IN BANFF TOWN CENTRE 
  • 100% RATES RELIEF AVAILABLE TO QUALIFYING OCCUPIERS

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  To Let £19,000.00 per annum

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Contact agents

Mark Mcqueen

Shepherd Commercial

01224 516064

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