The Boat Shed Charter Avenue, Laurencekirk, AB30 1GJ
Offers over £120,000 - Mortgage funding available
Light industrial facility within a secure compound with tenant in situ.
Property Description
McEwan Fraser Legal is delighted to present to the market The Boat Shed a flexible, light industrial facility in a secure compound with its own parking. With tenant in situ the property offers an immediate return on investment to a commercial landlord.
Accommodation comprises an L-shaped single-storey facility of two separate (but connected) workshops within a secure compound with parking. The workshops are solid concrete blockwork with 8ft wide sliding access doors on each unit. The property has previously been used successfully as a metal workshop, boat building facility, and now a classic motorcycle refurbishment business. The tenant is Grieves Engineering, an award-winning business. The tenants have been leasing for two years and have recently agreed to a lease extension for a further period of 5 years from August 2024. The investment provides 6% initial yield at the current asking price.
Key Features
• Industrial investment for sale
• Lease recently extended to 2029
• Dedicated parking
• Secure compound
Details
EPC - Building energy performance certificate: B
VAT - We understand the building is not elected for VAT
Services - Mains, electricity, water and drainage
Tenure - Freehold
Lease - Available upon request
The description of properties on the website do not form part of any offer and all statements and photographs are for illustrative purposes only and not guaranteed. Buyers must satisfy themselves on the accuracy and authenticity of each property listed.
All buyers must check the title deeds with their solicitor to ensure what they think they are buying or what has been advertised is actually confirmed in the deeds. McEwan Fraser Legal do not check title deeds when marketing property and as such buyers must satisfy themselves that all advertised information is correct.
Location of Property
Viewing
By appointment through McEwan Fraser Legal on Aberdeenshire 01224 472 441
McEwan Fraser Legal are open 7 days a week: 8am - Midnight Monday to Friday & 9am - 10pm Saturday & Sunday to book your viewing appointment.
More details
Part Exchange your property for a home on our site
If you are interested in a property we have available for sale and have your own property to sell, we can refer you to MP Ltd (who operate independently of McEwan Fraser Legal). They can offer you a guaranteed cash offer for your own property through this unique Part Exchange option which may allow you to sell your property quickly and easily without any Estate Agency fees or advertising costs. This allows you to make an offer for any property on our site safe in the knowledge that your existing house has a firm legal offer.
Please contact us for further details or complete the Part Exchange form. Remember your dream home could be only a phone call away 0131 524 9797.
Mortgage funding may be available through an authorised mortgage broker
McEwan Fraser Legal are working closely with authorised mortgage brokers in order for our clients to obtain mortgage funding (see terms and conditions, which normally apply, below)
- Aged 18+
- You are in permanent employment
- Self Employed usually need to have 2 years accounts available
- Permanent right to reside in the UK
- You have no adverse credit that would affect your ability to repay funding
Should you wish to obtain further information please complete the enquiry form