Property photos
Auction
Freehold
Guide price
£20,000
Land for sale
5-7 Strait Path, Banff AB45Local area information
Property location
Nearby amenities
- Banff Primary School 0.3 miles
- Banff Academy 0.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Prime new entry. We are excited to present this commercial Investment opportunity, situated in a centre location in Banff.
- For rental purposes, once renovated the property could potentially attract a monthly rental income of £400-£500 p/m (£4,800-£6,000 p/a).
- Property would benefit from renovation. Sure to appeal to shrewd commercial landlords looking for potential investment or owner occupiers looking for an affordable unit to run a business from.
- Property has Potential for change of use to takeaway/cafe, subject to gaining necessary licenses and permissions. Rateable Value £6,800 p/a benefiting from 100% small business relief.
- Property is situated on a main road location, benefiting from good footfall.
- Prime new entry. We are excited to present this commercial Investment opportunity, situated in a centre location in Banff.
- For rental purposes, once renovated the property could potentially attract a monthly rental income of £400-£500 p/m (£4,800-£6,000 p/a).
- Property would benefit from renovation. Sure to appeal to shrewd commercial landlords looking for potential investment or owner occupiers looking for an affordable unit to run a business from.
- Property has Potential for change of use to takeaway/cafe, subject to gaining necessary licenses and permissions. Rateable Value £6,800 p/a benefiting from 100% small business relief.
- Property is situated on a main road location, benefiting from good footfall.
Prime new entry. We are excited to present this Excellent Commercial Investment opportunity within a prime location in Banff.
Property Comprises: Retail area, WC, storage rooms and office space.
Excellent development potential. Property could suit a variety of uses such as vape shop, barber, hairdressers etc.
Once renovated, Property could potentially achieve a monthly rent of £4,800 - £6,000 per annum. Excellent yield potential.
***Rateable Value £6,800 p/a***
Location ensures good footfall and is sure to appeal to investors and business owners alike.
Location:
Banff, a historic coastal town in Aberdeenshire, offers commercial investors a compelling mix of stability, affordability, and long-term potential. Anchored by its harbour, strong local services, and proximity to the A98, Banff serves a wide rural catchment and benefits from steady demand for retail, hospitality, industrial, and office space tied to agriculture, fishing, tourism, and the wider Aberdeenshire economy. Property prices and yields remain attractive compared with larger Scottish cities, while limited new supply supports rental resilience.
Floor plans and tours
Tours (1)
1 virtual tour available
Step inside the property with a virtual tour or video walkthrough.
More information
Listed by
Prime Property Auctions
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