Studio Flat For Sale £25,000
FOR SALE BY ONLINE AUCTION THURSDAY 25TH MAY AT 9.00AM. Outstanding commercial opportunity in Auchterarder, situated close to the prestigious Gleneagles resort. Potential residential/ holiday let conversion opportunity, subject to planning consents being granted. Potential end market rental income of up to £100 per week, (£5,200 per annum) outstanding yield of 20.8% at current guide price.
The subjects comprise of a circa 137 SQ FT ground floor commercial premises, with access to the property, from the High Street, and on street parking available. The property features a main store front area and WC facilities. The property has potential to be converted to a wide variety of uses such as a holiday let which could demand prices of up to £100 per night, subject to planning consents being granted.
This property is likely to attract attention form a wide variety of prospective buyers, due to the location and potential this property offers.
Situated on a prime High Street location in Auchterarder, surrounding properties are a mix of residential and commercial, with a range of local amenities nearby.
Highly sought after location
Possible potential residential/ holiday let conversion opportunity, subject to planning
Outstanding investment opportunity with excellent potential
Potential rental figure of £5,200 per annum
Potential rental yield of 20.8% based on current guide price
Nearby sold prices:
57 High Street, Auchterarder, PH3 1BN sold (June 2019) £260,000
53 High Street, Auchterarder, PH3 1BN sold (May 2019) £150,000
South Crofts High Street, Auchterarder, PH3 1BN (October 2016) £366,000
In close proximity to the property is the world renowned Gleneagles resort. The Gleneagles Hotel is a prestigious resort in the heart of Scotland. Set within 850 acres, it offers 3 championship golf courses and an ESPA spa, along with a falconry school. With three of the top golf courses in Scotland Gleneagles have been recent hosts of The Ryder and Solheim Cups.
Auchterarder is a small town located north of the Ochil Hills in Perth and Kinross. The city of Perth is located in the heart of Scotland being 43 miles north of Edinburgh and 63 miles north-east of Glasgow, and boasts excellent communication links via the A9, A85 and A90.
To view legal documents for all properties, and to register for our online auctions please visit our website.
Purchases are subject to a Buyer's Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup/Special Conditions in the Legal pack to confirm.
The subjects comprise of a circa 137 SQ FT ground floor commercial premises, with access to the property, from the High Street, and on street parking available. The property features a main store front area and WC facilities. The property has potential to be converted to a wide variety of uses such as a holiday let which could demand prices of up to £100 per night, subject to planning consents being granted.
This property is likely to attract attention form a wide variety of prospective buyers, due to the location and potential this property offers.
Situated on a prime High Street location in Auchterarder, surrounding properties are a mix of residential and commercial, with a range of local amenities nearby.
Highly sought after location
Possible potential residential/ holiday let conversion opportunity, subject to planning
Outstanding investment opportunity with excellent potential
Potential rental figure of £5,200 per annum
Potential rental yield of 20.8% based on current guide price
Nearby sold prices:
57 High Street, Auchterarder, PH3 1BN sold (June 2019) £260,000
53 High Street, Auchterarder, PH3 1BN sold (May 2019) £150,000
South Crofts High Street, Auchterarder, PH3 1BN (October 2016) £366,000
In close proximity to the property is the world renowned Gleneagles resort. The Gleneagles Hotel is a prestigious resort in the heart of Scotland. Set within 850 acres, it offers 3 championship golf courses and an ESPA spa, along with a falconry school. With three of the top golf courses in Scotland Gleneagles have been recent hosts of The Ryder and Solheim Cups.
Auchterarder is a small town located north of the Ochil Hills in Perth and Kinross. The city of Perth is located in the heart of Scotland being 43 miles north of Edinburgh and 63 miles north-east of Glasgow, and boasts excellent communication links via the A9, A85 and A90.
To view legal documents for all properties, and to register for our online auctions please visit our website.
Purchases are subject to a Buyer's Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup/Special Conditions in the Legal pack to confirm.
