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Property for sale
Constitution Street, Inverurie AB51
£185,000
Constitution Street, Inverurie AB51
£185,000
Price History
Initial price | £215,000 |
25/10/24 | £185,000 |
Price Change | -13.95% |
Description
This large commercial unit is located in the busy Gairoch shopping centre in Inverurie, Aberdeenshire, and extends to approximately 1151.74 sqft. The property is currently tenanted at a monthly rent of £20,000, generating a gross yield of 8.9% should it be purchased at the guide price of £225,000. The unit is fully equipped with a kitchen, seating area, reception, storage, and W.C. facilities, and has a large car park and proximity to Bank of Scotland. The property is currently used as a bar and grill with a shisha bar, but could be used for a variety of other purposes such as an office, shop unit, or café. The location is ideal, being close to Tesco Superstore and Bank of Scotland, and Inverurie is a thriving town with a large footfall of tourists. This is an excellent ready let investment opportunity, and the property is open to immediate offers.