2 bedroom flat for sale

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2 bedroom flat for sale

Sunrise Chinese Takeaway, Shore Street, Fraserburgh, AB43 7ER
£165,000

Price History

Initial price £185,000
28/03/24 £175,000
27/04/24 £170,000
09/10/24 £165,000
28/10/24 £150,000
18/11/24 £165,000
Price Change -10.81%

Description

This exceptional mixed-use portfolio is located in a prime location in Fraserburgh, Aberdeenshire, and is being offered for sale at a guide price of £165,000. The property comprises a commercial unit with a rateable value of £10,000, which is currently vacant and could demand a potential rental income of £1,000 per month. The unit has been previously run as a popular Chinese takeaway and comes with ready-to-use equipment. The property also features a spacious two-bedroom flat above the commercial unit, which is currently tenanted and achieving a rental income of £1,000 per month, providing a gross yield of 7.8% if achieved for the guide price. The property benefits from a strong local demand, with recent sales comparables showing significant growth potential. With its prime location, high yield potential, and opportunities for capital growth, this property is an attractive investment opportunity for commercial investors.