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Marketed by
Drummers Corner, Prince Street Drummers Corner, Peterhead, AB42 1ZP
Use Class
E
Size
3,406 sq ft
Rent pa
£25,000
Market Sector
Shopping Centre
Key Features
Town centre retail unit
Open plan retail unit, suitable for a number of uses (subject to planning)
Description
The property comprises a single-storey retail unit forming part of a larger development. Internally, the accommodation is largely open plan, with ancillary staff facilities including staff room, secure storage and an office. Customer access is provided via Prince Street through a modern retail frontage. In addition, the property benefits from access to shared ancillary areas within the scheme, providing additional storage and WC facilities.
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, and forms part of Drummer’s Corner Shopping Centre. The centre includes occupiers such as Farmfoods, Argos, New Look and Davidsons the Jewellers.
Accommodation
3,406 Sq.Ft
The subjects have been measured in accordance with the RICS Code of Measuring Practice (Sixth Edition) and the following Gross Internal Area derived:
Financial
Lease Type
Existing Lease
Lease Term
The subject is available on full repairing and insuring terms for a period to be agreed.
Rent
£25,000 per annum exclusive of VAT.
Costs
Each party will bear their own legal costs incurred in the transaction. The occupier will be responsible for any LBTT and Registration dues.
Vat
VAT will be payable in addition to monies due under a lease of the premises.
Business Rates
The Rateable Value effective from 1 April 2023 is £28,750. The draft valuation roll for 1st April 2026 has a figure of £30,750. Any ingoing occupier will have the right to appeal the Rateable Value and may also be entitled to certain relief from rates under the various schemes currently available. Interested parties should contact the relevant Local Authority and further information can be found at www.saa.gov.uk
Rates
Sustainability
Copy available on request.
This Property is Part of a Shopping Centre
Drummer's Corner Shopping Centre
Retail opportunities available from 1,215 to 4,100 sq ft. To Let units can be sub-divided. Local Statistics: £51 million – Peterhead port development of a larger fish market and deepening of water. Increase in industrial and commercial space. £1.7 billion – world's first floating offshore windfarm development near Peterhead. 24,000 – Peterhead's approximate population.
Disclaimer
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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