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Marketed by
14 Queen Street Peterhead, AB42 1TS
Use Class
E
Size
3,297 sq ft
Rent pa
£21,500
Market Sector
Retail & Shopping Park
Key Features
Entry by agreement upon conclusion of all legalities.
Description
Town centre retail unit.
The property comprises a ground, first and attic floor building with a single storey projection to the rear. The accommodation provides an open plan sales area at ground floor level with the upper floor levels providing ancillary offices and staff amenities.
Location
Peterhead is situated approximately 40 miles north of Aberdeen, with the town serving as a key hub for the local fishing and energy sectors. The town has a local population of approx. 20,000 with a wider catchment of approx. 35,000. The property is located in the town centre on the east side of Queen Street, one of Peterhead’s main thoroughfares. The area features a diverse blend of local and national retailers, such as Timpson’s, Gray & Gray solicitors, Subway, and the Symposium coffee shop.
Key Information
Further Infomation
Additional
To satisfy HMRC and RICS guidance, FG Burnett is required to undertake AML diligence on purchaser/ tenant. Accordingly, a successful bidder will be required to provide financial information and personal identification and FG Burnett will undertake the necessary ‘Know Your Client’ identity checks to satisfy AML requirements when Heads of Terms are agreed.
Accommodation
3,297 Sq.Ft
The property has been measured in accordance with the RICS Code of Measuring Practice (Sixth Edition) and the following approximate net internal areas calculated:-
Financial
Lease Term
The property is available on Full Repairing and Insuring terms for a period to be agreed, and will be subject to periodic upward only rent reviews.
Rent
£21,500 per annum, exclusive of VAT.
Rates
Any ingoing tenant will have the right to appeal the Rateable Value and may also be entitled to any relief from rates under schemes currently in place. All rates information should be verified with the Local Authority.
Costs
Each party will be responsible for their own legal costs incurred in the transaction. The ingoing tenant will be responsible for any LBTT or registration dues applicable.
Vat
Any figure quoted is exclusive of VAT.
Business Rates
The Rateable Value effective from 1 April 2023 is £22,000,
Rates
Sustainability
Available upon request.
Disclamier
All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.
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