Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding retail investment opportunity let to the established covenant of Original Factory Shop on a 10 year lease.
Arranged across ground, first and second floors, the property is currently fully let and producing £25,000 per annum.
The property is situated on the north side of Erroll Street close to its junction of Marischal Street and Love Lane within the town of Peterhead.
Peterhead itself is located approximately 32 miles north of Aberdeen on the A92 linking to Fraserburgh. The town serves as a major service centre for the fishing, oil and gas industries.
Tenure
Freehold
Accommodation
Tenancy
Let to The Original Factory Shop on a 10 year lease expiring 23rd August 2033 at a passing rent of £25,000 per annum.
The lease is on full repairing terms, and we understand the current lease is a renewal of a previous lease, with the rent being rebased from £45,000 per annum.
Rent
Notes
Please note the approximate areas have been provided by the VOA and the property has not been internally inspected by Savills. The photos and yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site.
Joint Agent
Jas Aujla
jas@tsapc.co.uk
07810 717 229