No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Skip to main content

This property is no longer on the market

Retail property (high street)

Auction
Retail property (high street)
0 bed
0 bath

Property description & features

  • Tenure: Freehold
FOR SALE BY ONLINE BY ONLINE AUCTION THURSDAY 25TH OF JULY AT 9AM. *HUGELY DISCOUNTED RETAIL UNIT*---Expected Rental Value £5,200 per annum--Affordable Lot Size*Popular Size unit: circa 429 sq ft*Huge potential rental yield of 30% at guide price * Exceptional Opportunity*

*This Retail Unit Must Be Sold* High daily volume of passing traffic being on popular location on Key arterial route into Aberdeen city centre* Vendor Requires Urgent Sale Hence Reduced Guide Price*

*226 Victoria Rd Sold £50k (Mar 24)*266 Victoria Rd Sold £80k (Nov 23)*276 Victoria Rd Sold £195k (Oct 23)* 150B Victoria Rd Sold £72k (Aug 23)*203 Victoria Rd Sold £50k (May 23)*

Aberdeen is Scotland's 3rd City with a greater catchment population of circa 260,000 people. The City hosts 2 x Highly regarding Universities and has a student population of circa 30,000 during peak term times*

Aberdeen is an established global energy hub with a World class Oil & Gas sector. The City is now developing its Clean Energy sector* This is a great opportunity to acquire a small commercial unit with huge potential upside.

*Heavily discounted retail unit*Great Size: Circa 429 Sq ft* Popular main arterial route into Aberdeen City Centre* High passing volume of traffic* Expected potential rent of £5200 per annum----MASSIVE POSSIBLE RENTAL YIELD OF 30% AT GUIDE PRICE--- The subjects are situated on the east side of Victoria Road, between Grampian Road and Mansefield Road. Victoria Road is the main thoroughfare through Torry, and this part of Victoria Road serves as the primary retailing area for the locality, with a mixture of local and national retailers occupying ground floor units, with residential accommodation typically at upper levels. Torry itself is a suburb which lies just south of the River Dee, a short distance south of Aberdeen City Centre and the harbour area. Established retail area with a plethora of local nearby traders. The subject comprises of a ground floor retail unit within a traditional three-storey granite and slate building. The premises has an aluminium framed and single glazed retail frontage, incorporating a pedestrian doorway. Internally, at ground floor level the property provides an open plan sales area to the front, with a further sales/staff area to the rear of the property. The flooring is of suspended design and overlaid with carpet. The walls are finished with painted plaster, and the ceiling incorporates a suspended roof tile system with inbuilt led lighting. Heating to the property is by way of gas radiators* Property is being sold at heavily discounted price and MUST BE SOLD*

GUIDE PRICE: £17,000

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 that as per the Estate Agents Act 1979 the vendor of the property is a connected party.

Places of interest

    See more properties like this:

    *DISCLAIMER

    Property reference 251344. 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 the agent.

    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.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.