Office for sale in 12 Victoria Street, Aberdeen AB10

• Prime Property Auctions presents a rare Commercial Investment located on a busy thoroughfare of Aberdeen. ***guide of £250,000***

• Currently Vacant! This versatile space, adaptable for a range of businesses, presents an exceptional opportunity due to its high daily foot traffic and frequent passerby.

• Total size 1,871 sq ft/ 174.03 sqm. Property rateable value of £28,250 per annum. No VAT payable. EPC rating of C.

• Rental could achieve £2500- £2916 pm/ £35,000- £40,000 pa achieving an incredible gross yield of 14-16% secured at the guide of £250,000.

• Property previously marketed at £325,000, now being offered at a huge discount to ensure auction sale!

Prime Property Auctions presents a rare Commercial Investment located on a busy thoroughfare of Aberdeen. Currently Vacant! ***guide of £250,000***

Mid-terraced traditional stone-built property arranged over ground, lower ground and 1st floor level.

Previously operating as Eye Theatre, the property benefits from a rear gated car parking area providing space for approximately 7 vehicles, whilst on street car parking is also available within the vicinity. Heating to the lower ground floor of the property is via wall mounted electric heaters, and the ground and first floors are ventilated by heat exchange units, including an upstairs air filtration unit.

Property comprises of:

4 separate treatment rooms, ground floor Office/Reception, Kitchenette and 2 W.C facilities

total size 1,871 sq ft/ 174.03 sqm. Property benefits from a rateable value of £28,250 per annum. No VAT payable. EPC rating of C.

*** massive discount from open market value *** Property previously marketed at offers over £325,000, now being offered at a huge discount to ensure auction sale!

Rental could achieve £2500- £2916 pm/ £35,000- £40,000 pa achieving an incredible gross yield of 14-16% secured at the guide of £250,000.

Property has a Guide price of £250,000 and is sure to appeal to investors looking for a rare property in sought after location. Potentially high yielding investment property!

This lot is open to immediate offers. Should you wish to offer now, you can do so via our “Offer Now” button on our website.

This property is offered at a fantastic price to ensure an Auction sale.

Location:

Aberdeen stands out as a strategic opportunity in Scotland's economic landscape. Renowned as a major player in the oil and gas industry, the city offers diverse investment prospects beyond energy, including real estate, technology, healthcare, and tourism. With its robust infrastructure, skilled workforce, and access to prestigious universities, Aberdeen attracts talent and fosters innovation, creating a favorable environment for business growth. Investors can leverage Aberdeen's strong economic fundamentals to capitalise on commercial and residential developments, as well as hospitality and leisure ventures. The city's rich cultural heritage, vibrant arts scene, and proximity to breathtaking landscapes further enhance its appeal, promising long-term returns and sustainable growth for savvy investors