Offers over
£235,000
(£55.95/sq. ft)
Retail premises for sale14 Broad Street, Fraserburgh AB43
4,200 sq. ft
Feudal
About this property
Prime retail pitch in Fraserburgh town centre
Large and mainly open plan retail unit
Net internal area 140 sqm (4,200 sqft)
Let Fri to Superdrug until 2031 at £25,000 pax
Offers over £235,000 are invited, exc VAT
Net initial yield 10.4%
Description
14-18 Broad Street is a mid-terraced retail unit within a two storey building, comprising of a mainly open plan retail sales space with ancillary towards the rear.
The property extends to a net internal floor area of 420 sqm (4,200 sqft), or thereby.
The shop is let to Superdrug Stores Plc, who have recently taken a five-year extension until 23rd April 2031, with a Tenant only break option on 24th April 2029. The lease is held under full repairing and insuring terms at a passing rent of £25,000pax.
Offers over £235,000 are invited, which is a net initial of 10.4% after allowance for standard purchaser costs.
The property is VAT elected and we would expect the sale to proceed by way of a togc.
Each party to be responsible for their own legal costs incurred.
Location
Broad Street is the principle retailing street in Fraserburgh town centre, with the property occupying a prime pitch on the street close to Iceland, Specsavers, Subway and Card Factory, among others.
Fraserburgh is a coastal town in Aberdeenshire, around 41 miles north of Aberdeen and with a 57-minute drive time, via the A90. The town has a population of around 13,000 persons.
14-18 Broad Street is a mid-terraced retail unit within a two storey building, comprising of a mainly open plan retail sales space with ancillary towards the rear.
The property extends to a net internal floor area of 420 sqm (4,200 sqft), or thereby.
The shop is let to Superdrug Stores Plc, who have recently taken a five-year extension until 23rd April 2031, with a Tenant only break option on 24th April 2029. The lease is held under full repairing and insuring terms at a passing rent of £25,000pax.
Offers over £235,000 are invited, which is a net initial of 10.4% after allowance for standard purchaser costs.
The property is VAT elected and we would expect the sale to proceed by way of a togc.
Each party to be responsible for their own legal costs incurred.
Location
Broad Street is the principle retailing street in Fraserburgh town centre, with the property occupying a prime pitch on the street close to Iceland, Specsavers, Subway and Card Factory, among others.
Fraserburgh is a coastal town in Aberdeenshire, around 41 miles north of Aberdeen and with a 57-minute drive time, via the A90. The town has a population of around 13,000 persons.
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