A mixed-use commercial unit with a tenanted two-bedroom flat above, located near the town centre of Banff, Aberdeenshire. The ground floor commercial space, previously operating as a bakery, measures approximately 139 square metres and includes a front retail area, ovens, storage space, a back shop, and a kitchen, along with an attic for additional storage. This commercial unit is currently vacant and has a rateable value of £7,200, which may be eligible for small business rates relief.
The residential accommodation spans the first and second floors, featuring a living room, dining kitchen, and bathroom on the first floor, with two bedrooms and a storage cupboard on the upper floor. The flat is occupied by a tenant, generating a rental income of £450 per calendar month (£5,400 per annum), with potential for future rental growth. The property is held on a freehold tenure.
Banff is situated approximately 50 miles north of Aberdeen, with St Catherine Street nearby, offering various retail and leisure options, as well as primary and secondary schooling. Regular bus services are available, and the nearest train stations are in Huntly, Inverurie, and Dyce, with the A947 providing direct access south. The property has an Energy Efficiency Rating (EPC) of G and falls under Council Tax Band A.