This property is no longer on the market
Retail property (high street)
Property description & features
- Tenure: Freehold
- Ideal Investment Opportunity
- Vacant commercial unit
- Close to nearby amenities
FOR SALE BY ONLINE AUCTION THURSDAY 30TH MAY AT 9.00AM. Excellent opportunity to purchase a vacant commercial unit in the Torry area of Aberdeen. Torry is a busy part of Aberdeen and the property benefits from being close to nearby amenities.
Located within a busy area of Aberdeen with a mix of residential and commercial properties.
The property has a glazed three-panel front, with a small kitchenette and bathroom towards the rear.
* Potential rental income up to £6,000 per annum
* Fantastic yield of 28.6% based on current guide price
* Fantastic investment opportunity
* Busy city centre location
* Good sized unit at 36m sq
* Presented in good order
* No VAT on property transaction
The property is located in Victoria Road, Torry - a popular residential area just to the south of Aberdeen City Centre. Torry is extremely well served by a variety of local shops and leisure facilities and has good public transport links to Aberdeen City Centre. The area is also conveniently situated for access to the Altens Industrial Estate. The River Dee and Duthie Park, with its many recreational attractions, are also within relatively easy walking distance.
Aberdeen is the third most populous city in Scotland and hosts over 230,000 people; with roughly 30,000 people working offshore and over 16,000 students attending the two universities. The city is considered the Oil Capital of Europe' with over 900 companies employing over 40,000 people in the oil industry. As the city begins to introduce green energy industries to the city alongside the oil industry, it's expected that more jobs will be brought to the area, increasing the population.
Nearby sold prices:
3 Sinclair Road, Aberdeen, AB11 9PL sold (March 2018) £90,000
9 Menzies Road, Aberdeen, AB11 9AY sold (June 2016) £104,000
7a Menzies Road, Aberdeen, AB11 9AY sold (December 2015) £115,500
To view legal documents for all properties, and to register for our online auctions please visit our website.
Purchases are subject to a Buyer's Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup/Special Conditions in the Legal pack to confirm.
Please note, images have been supplied by the vendor - OPA Scotland have not visited the property to confirm their accuracy.
All prices quoted are exclusive of VAT.
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 246617. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Online Property Auctions - Glasgow.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.