Initial price	£200,000
25/10/24	£165,000
Price Change	-17.50%

This large commercial unit, located in the busy area of Peterhead, Aberdeen, is a fantastic investment opportunity. The property, which extends to approximately 2434.8 sqft, is currently tenanted at a rate of £20,000 per annum and has the potential to achieve a gross yield of 10% should it be purchased at a guide price of £200,000. The property has an immaculate fully equipped kitchen area, spacious seating area, reception, storage, and W.C. facilities, making it suitable for a variety of uses. Currently used as an Indian restaurant and bar, the property benefits from its coastal location overlooking the North Sea, attracting a large number of tourists. With its close-knit community, Peterhead is a friendly and welcoming town, offering a range of outdoor activities and scenic walks. This property is open to immediate offers and will feature in an upcoming timed online auction.