Land For Sale £201,000
ENHANCED TERMS OFFERED ON THIS LOT...
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)
FANTASTIC DEVELOPMENT OPPORTUNITY. *PLANNING PERMISSION GRANTED for conversion to 8 x Serviced Apartments and 2 x commercial units* in stunning location on Lossiemouth Harbour. *SET ON THE SPEYSIDE MALT WHISKY TRAIL* Generating massive demand for short-term accommodation. POTENTIALLY OUTSTANDING INCOME FROM SERVICED APARTMENTS with realistic potential income up to £150 per night per property (£1,200 per night) extremely sought after location set on the famous harbour. Assuming 75% occupancy rates (below national average of 78%) the apartments could generate an income in excess of £320,000 per annum with demand generated by excellent location. SUPER OPPORTUNITY. The ground floor commercial units offer potential rental income of up to £6,000 per annum per property- giving an additional potential income of £12,000 per annum. 100% PRIME INVESTMENT. SUPER LOCATION within the popular Moray Costal Town of Lossiemouth offering super access to local attractions. The Jewel of Moray harbour is largely filled with pleasure boats and yachts all year. Stunning setting on the Speyside Whisky trail.
Auction Details
02 November 2023, 10am-3pm
Timed Online Auction
How to Bid Now
Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 400 lots auctioned every 2 weeks including flats, houses, land & commercial.
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)
FANTASTIC DEVELOPMENT OPPORTUNITY. *PLANNING PERMISSION GRANTED for conversion to 8 x Serviced Apartments and 2 x commercial units* in stunning location on Lossiemouth Harbour. *SET ON THE SPEYSIDE MALT WHISKY TRAIL* Generating massive demand for short-term accommodation. POTENTIALLY OUTSTANDING INCOME FROM SERVICED APARTMENTS with realistic potential income up to £150 per night per property (£1,200 per night) extremely sought after location set on the famous harbour. Assuming 75% occupancy rates (below national average of 78%) the apartments could generate an income in excess of £320,000 per annum with demand generated by excellent location. SUPER OPPORTUNITY. The ground floor commercial units offer potential rental income of up to £6,000 per annum per property- giving an additional potential income of £12,000 per annum. 100% PRIME INVESTMENT. SUPER LOCATION within the popular Moray Costal Town of Lossiemouth offering super access to local attractions. The Jewel of Moray harbour is largely filled with pleasure boats and yachts all year. Stunning setting on the Speyside Whisky trail.
Auction Details
02 November 2023, 10am-3pm
Timed Online Auction
How to Bid Now
Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 400 lots auctioned every 2 weeks including flats, houses, land & commercial.
