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Constitution St - Garioch Centre 1,152 SF Retail Condo Unit Offered at $344,498 CAD in Inverurie AB51 4UY
INVESTMENT HIGHLIGHTS
- Located in the busy Gairoch shopping centre, Inverurie
- Large footfall of tourists sure to boost traffic towards this property
- Large car park
EXECUTIVE SUMMARY
The property comprises a parade of retail units of steel frame and brick construction. The property is located north of Market Place, one of the prime retailing streets in Inverurie. The property is in close proximity to local bus routes and Inverurie Railway Station. Property benefits from being located in a busy shopping centre in Inverurie attracting a large footfall of tourists sure to boost traffic towards this property. Further benefits include its large car park and proximity to Bank of Scotland.
PROPERTY FACTS
| Total Building Size | 19,534 SF | Floors | 2 |
| Property Type | Retail (Condo) | Typical Floor Size | 9,767 SF |
| Property Subtype | Storefront | Year Built | 1993 |
| Building Class | B |
| Total Building Size | 19,534 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 9,767 SF |
| Year Built | 1993 |
AMENITIES
- Raised Floor
- Security System
- Accent Lighting
- Air Conditioning
1 UNIT AVAILABLE
Unit 7A
| Unit Size | 1,152 SF | Sale Type | Investment |
| Price | $344,498 CAD | Tenure | Freehold |
| Price Per SF | $299.04 CAD | Sale Conditions | Auction Sale |
| Condo Use | Retail |
| Unit Size | 1,152 SF |
| Price | $344,498 CAD |
| Price Per SF | $299.04 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Sale Conditions | Auction Sale |
DESCRIPTION
Premises extend to approximately 1151.74 sqft (107 sqm).
SALE NOTES
High yielding investment property.
Property currently achieves a gross yield of 12% should it be purchased at guide price of £185,000. Excellent Ready Let investment Opportunity
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NEARBY MAJOR RETAILERS
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Constitution St - Garioch Centre
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