7A Constitution Street, Inverurie, AB51 4SQ
PR

7A Constitution Street, Inverurie, AB51 4SQ

By Prime Property Auctions (Scotland) Ltd

£ 185,000

Reviews

2 out of 5 stars

Prime Property Auctions (Scotland) Ltd says ..

Prime Property Auctions New Entry. Large Commercial unit located in the busy Gairoch shopping centre, Inverurie. Premises extend to approximately 1151.74 sqft (107 sqm). Property is currently tenanted at a of £20,000 pa. Sure to appeal to a variety of buyers such as a commercial landlor...

Property Oracle says ..

This listing presents a commercial property, specifically described as a large commercial unit, situated within the busy Gairoch Shopping Centre in Inverurie, Aberdeenshire. The property is currently tenanted, generating an annual rental income of £20,000. The provided photographs showcase a bar and grill establishment, complete with a well-stocked bar, dining area, and commercial kitchen. The premises appear to be modern and in good condition, although some wear and tear are evident, consistent with regular commercial use. The absence of information about the square footage of the property itself, and the plot size, impacts the ability to perform a comprehensive valuation. The proximity to Inverurie railway station is a positive feature, suggesting convenient transport links. However, further details on nearby amenities, such as schools and other shops, would provide a more complete assessment of the property’s location. Overall, the property offers potential as a commercial investment due to its existing tenancy and location, although potential buyers should complete due diligence concerning its size and overall value before purchasing.

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
6
Condition
7
Location
7
Land
1
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 %
from 381,090.00 £
Average area rental value
1,013.00 £/mo
Decreased by 34.65 %
from 1,550.00 £/mo
Est rental Yield
4.06 %
Decreased by 16.80 %
from 4.88 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Prime Property Auctions (Scotland) Ltd created the listing.

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Constitution Street £ 000.00 KM
School Lane £ 000.00 KM
Loco Works Road £ 000.00 KM
Market Place £ 000.00 KM
Westfield Avenue £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Inverurie8924INR0.41 KM

Nearby Listings

AddressPriceTypeScoreDistance
7A Constitution Street, Inverurie, AB51 4SQ £ 185,000BUY5 / 100.00 KM
48a West High Street, Inverurie, AB51 3QR £ 130,000BUY5 / 100.20 KM
6A West High Street, Inverurie, AB51 3SA £ 95,000BUY6 / 100.27 KM
Victoria Street, Inverurie, AB51 £ 63,000BUY7 / 100.33 KM
Homely Cottage, Market Place, Inverurie £ 112,000BUY7 / 100.35 KM