Topics covered
In the heart of Aberdeen, a prime retail investment opportunity has emerged, featuring the popular Kohinoor Restaurant. This property is currently up for auction with a guide price of £225,000, making it an attractive option for investors looking to enter the bustling restaurant market. The auction, managed by Prime Property Auctions, is set to close on November 7 at AM, providing a limited window for interested buyers.
The restaurant boasts a spacious and bright open-plan layout, complete with a well-equipped kitchen and bar area. With a rental potential of £20,000 per year, this property not only offers immediate cash flow but also presents opportunities for rental growth. The selling agent emphasizes the appeal of this property to investors seeking a profitable commercial premises in a vibrant city.
Staying within Aberdeen, a former nursery located on Great Western Road is now available for lease at £46,174.
Previously known as St Swithin Childcare Nursery, this property is ideally situated near local schools and amenities, making it a prime candidate for re-establishment as a childcare facility. The nursery, which closed in March 2024, had a capacity for 41 children aged zero to three years, and its layout includes multiple playrooms, a sleep room, and staff facilities.
CCL Property’s Callum Lancaster highlights the potential for this site to be rebranded and reopened as a nursery, or alternatively, it could serve as a community-based facility subject to a change of use. The building’s strategic location and existing infrastructure make it a valuable asset for anyone looking to invest in the childcare sector.
In Aboyne, a former fish and chip shop on Charlestown Road is on the market for £275,000. This property not only includes the former food outlet but also offers separate residential accommodation, making it an excellent proposition for a new owner. The ground floor was previously utilized as a takeaway and ice cream parlour, while the residential space above provides additional living quarters.
The granite-fronted building features a single-storey extension that houses the main kitchen and storage area, enhancing its appeal to potential buyers. This unique combination of commercial and residential space presents a rare opportunity for entrepreneurs looking to operate a food business while enjoying the comforts of home.
Lastly, in Banff, a distinctive property on Low Street is being marketed by Low and Partners for £150,000. This unique offering includes a restaurant setup alongside a spacious four-bedroom apartment, providing a versatile layout for potential business ventures. Although currently leased as a retail shop, the commercial section is equipped for restaurant operations, making it an attractive investment for those looking to enter the food industry.
Agent Lee-Ann Low notes that the property’s charming ambiance and generous business area create an ideal environment for aspiring entrepreneurs. With the current owner’s vision of transforming the space into a thriving restaurant, this property represents a promising opportunity for savvy investors seeking a ready-made setup.
Emergency services respond to a significant road traffic incident on A90.
A 40-year-old man suffers life-threatening injuries in a multi-vehicle accident.
Momcozy's 'Stand Up for Mums', a show to discover the beauty of motherhood.
Entrepreneurs Thomas Lindie and David Taylor launch a unique outdoor store in Aberdeen.
Despite ceasing aggressive treatment to prioritize the quality of his remaining time, Whale remains optimistic and continues to host his TalkTV show
Scottish farmers face new challenges as inheritance tax reforms threaten family farms.
Local businesses express concerns over declining foot traffic due to roadworks.
The Legacy Entrepreneurship Acceleration Programme offers vital support for dairy start-ups.
A candle sold by Gwyneth Paltrow exploded in a customer's living room, a British woman has revealed.