Guide price
£213,000Property for sale
The Shore, Restaurant Investment, Wick KW1
Auction
Property
Features and description
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Tenanted
- AUCTION DATE: 06 February 2025
INCOME PRODUCING RESTAURANT INVESTMENT with settled long-term tenant and extremely well-established business paying £39,000 per annum (inclusive of VAT) in the popular Harbour area of Wick, Highlands. Large 2 storey detached restaurant (approx 4,321sqft) in FANTASTIC TRADING POSITION close to popular harbour on the outskirts of busy town centre fitted out to a high standard by current occupiers. IMPRESSIVE RETURN ON INVESTMENT with annual passing rent of £39,000 per annum (£3,250pcm- including VAT) making this an ideal short and long-term investment in popular town in Scotland's Highlands. Perfect position for restaurant approximately 50 yards from large free car park, 250 yards from the train station and offering stunning views across Wick Bay to the North Sea. Wick is the main administrative hub for the area and has a resident population of approx 7,000 people and occupies and enviable position on the North Coast 500 tourist route. MASSIVE TOURIST PULL.
Auction Details
06 February 2025, 10am-3pm
Timed Online Auction
How to Bid Now
Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 400 lots auctioned every 2 weeks including flats, houses, land & commercial.
Auction Details
06 February 2025, 10am-3pm
Timed Online Auction
How to Bid Now
Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 400 lots auctioned every 2 weeks including flats, houses, land & commercial.
About this agent
Full profileProperty listings
We are Scotland's LARGEST dedicated residential and commercial Property Auctioneer. Our regular programme of large scale property auctions feature lots from throughout Scotland and the wider UK as well as regular properties available for purchase by Private Treaty and Tender. Our Auction calendar features both traditional and online property auctions covering the whole of the country. Each Auction offers a mix of Commercial and Residential property as well as land and other development opportunities. Properties are accepted from both Private and Corporate Vendors alike and we welcome enquires from all potential clients. Future Auctions LTD is a Limited Company registered in Scotland with Registration Number 358597. We are a fully indemnified professional limited company regulated by the Property Ombudsman. Our auctioneers are all members of the National Association of Auctioneers and Valuers thus ensuring our strict code of conduct and professionalism.