22a Queen Street, Peterhead, AB42 1TS
By Prime Property Auctions (Scotland) Ltd
£ 165,000
Reviews
2 out of 5 stars
Prime Property Auctions (Scotland) Ltd says ..
Prime Property Auctions New Entry: Large Commercial unit located in the busy area in Peter head, Aberdeen. Premises extend to approximately 2434.8 sqft (226.20 sqm). This Property is currently tenanted at a rate of £20,000 pa. Sure to appeal to a variety of buyers such as a commercial l...
Property Oracle says ..
This property is a commercial unit located at 22a Queen Street, Peterhead, Aberdeenshire. Currently operating as a restaurant, it is a substantial space of approximately 2434.8 sqft (226.20 sqm). The property’s interior displays a modern and recently renovated restaurant setup, with dining areas, a bar, and a well-equipped kitchen. The external images show it’s situated on a main street which is an advantage. The current tenant generates an annual rental income of £20,000. This makes the property an attractive prospect for investors. The list price of £165,000 requires further comparative market analysis for accurate valuation in relation to square foot pricing. However, the substantial size and rental income are strong selling points. Information on the proximity of schools, transport links, and the property’s specific amenities or any limitations would provide a more complete picture. Without square footage and full details on rental income and lease terms a definitive valuation is impossible.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 7
- Location
- 6
- Land
- 2
- Bedrooms
- 0
- Bathrooms
- 0
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 299,346.00 £Decreased by 21.45 %
- Average area rental value
- 1,013.00 £/moDecreased by 34.65 %
- Est rental Yield
- 4.06 %Decreased by 16.80 %
- Crime Rate
- 0.00 %
Agent Activity
Prime Property Auctions (Scotland) Ltd created the listing.
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| St Mary Street | £ 27,000 | 0 | 0.00 KM |
| Newell Lane | £ 0 | 0 | 0.00 KM |
| Broad Place | £ 0 | 0 | 0.00 KM |
| Raemoss Road | £ 0 | 0 | 0.00 KM |
| Gladstone Road | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| 22a Queen Street, Peterhead, AB42 1TS | £ 165,000 | BUY | 5 / 10 | 0.00 KM |
| 84, Queen Street, Flat F, Peterhead, AB421TT | £ 25,000 | BUY | 5 / 10 | 0.00 KM |
| 84F Queen Street, Peterhead, Aberdeenshire, AB42 1TT | £ 29,000 | BUY | 5 / 10 | 0.01 KM |
| Queen Street, Peterhead, Aberdeenshire, AB42 | £ 60,000 | BUY | 4 / 10 | 0.20 KM |
| 17, Queen Street, Peterhead, AB421TN | £ 56,000 | BUY | 5 / 10 | 0.30 KM |