Categories: Business
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7 November, 2024 9:23 am

Commercial properties in Aberdeen and Aboyne up for auction and lease

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Explore the latest listings for restaurants, nurseries, and more in Aberdeen and Aboyne.

Investment opportunities in Aberdeen

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.

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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.

Former nursery available for lease

Staying within Aberdeen, a former nursery located on Great Western Road is now available for lease at £46,174.

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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.

Aboyne’s unique commercial offering

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.

Banff’s versatile property for aspiring entrepreneurs

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.

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