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Guide price
£195,000

Property for sale

Marischal Street, Superdrug Investment, Peterhead AB24
Auction
Reduced
Property
Reduced < 7 days

Features and description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted
  • AUCTION DATE: 09 January 2025
Prominent corner retail premises arranged over ground, first and basement levels. Internally the subjects are very well fitted in the tenants usual corporate style. The first floor and basement levels provide ideal ancillary and storage space. The property has been calculated to extend to the following internal area; Ground: 272.22sqm (2,984sq ft) 1st Floor: 74.32sqm (800sq ft) Basement: 11.71sqm (126sq ft) Total: 363.25sqm (3,910sq ft) The property is held on a full repairing and insuring head without schedule of condition on the following terms; Tenant: Superdrug Stores Plc Expiry: 15th August 2028 Tenant Break: 16th August 2026 (6 months notice) Passing Rent: £25,000p.a.x About Superdrug Stores Plc Superdrug are part of A.S Watson Group, trading from over 800 stores across the UK and Ireland and are the UK's second largest health and beauty retailer. The retailer is planning a further 25 new stores for 2023 and have been a long-standing tenant of the subject property having originally taken occupation in 2003. The property has been elected for V.A.T. as such the transaction may be treated as a T.O.G.C (transfer of a going concern)

Auction Details
09 January 2025, 10am-3pm
Timed Online Auction

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Future Property Auctions - Glasgow
Future Property Auctions - Glasgow
241 Kilmarnock Road Shawlans, Glasgow G41 3JF
0141 433 6645
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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.
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