Vacant Commercial LOT 181
Address
32 High Street, Development with Planning, Banff, AB45 1AE, Scotland
Auction date
10 Jul 2025
Guide price
£85,000
Type
Commercial
Tenure
Freehold
EPC Rating
Unknown
Auctioneer
Future Auctions
Description
Exciting development opportunity available in Banff. This vacant commercial property comes with full planning permission for a retail unit and nine residential properties, catering to various investment strategies. The estimated gross development value is around £1,100,000, presenting substantial returns for developers.
- Comprising approximately 745.2sqm, this prime location offers excellent income potential, with an estimated rental income of £100,000 per annum if fully occupied.
- Excellent location in the historic town center, surrounded by vibrant community amenities, scenic landscapes, and local beaches.
The building allows for a commercial space on the street level, with residential units situated at the back. Ideal for investors looking to capitalize on the growth of Banff.
Last update: 17 Jun 2025
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