5 Cluny Square Buckie Moray AB56 1AH

5 Cluny Square
Buckie
Moray
AB56 1AH

  • 5 Cluny Square<br>Buckie<br>Moray<br>AB56 1AH

Heritable VAT Free Bank Investment

  • VAT-Free Bank Investment
  • Whole building let to TSB Bank PLC until 2026 (Subject to option)
  • First floor sublet to local restaurant
  • Located in main retailing street in the popular coastal town
  • Nearby occupiers include Ladbrokes, Right Medicine Pharmacy, Subway and various independent retailers and cafes.
  • Lot
    34
  • Auction
    18/May/2022
  • Rent
    £20,000 per Annum Exclusive
  • Status
    Available
  • Price*
    £195,000
  • Sector
    Bank
  • Auction Venue
    Live Streamed Auction
  • Expand
  • Photos
  • Map

* More information on the term "price" can be found here

Property Information

Location
Miles
52 miles east of Inverness, 57 miles north-west of Aberdeen
Roads
A95, A96, A941
Rail
Keith Railway Station (21 miles south)
Air
Inverness Airport (48 miles west)
Situation

Buckie is a coastal town in Scotland approximately 52 miles east of Inverness and 57 miles north-west of Aberdeen.
The property is located on the south side of Cluny Square in Buckie town centre. Cluny Square benefits from on street car parking. Nearby occupiers include Ladbrokes, Right Medicine Pharmacy, Subway and various independent retailers and cafes.

Tenure

Heritable. Scottish Equivalent of English Freehold

Location
Miles
52 miles east of Inverness, 57 miles north-west of Aberdeen
Roads
A95, A96, A941
Rail
Keith Railway Station (21 miles south)
Air
Inverness Airport (48 miles west)
Situation

Buckie is a coastal town in Scotland approximately 52 miles east of Inverness and 57 miles north-west of Aberdeen.
The property is located on the south side of Cluny Square in Buckie town centre. Cluny Square benefits from on street car parking. Nearby occupiers include Ladbrokes, Right Medicine Pharmacy, Subway and various independent retailers and cafes.

Tenure

Heritable. Scottish Equivalent of English Freehold

Description

The property comprises a modern two storey building, arranged as a ground floor banking hall with ancillary accommodation to the rear. The first floor is accessed separately from Cluny Square and is in restaurant use.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a modern two storey building, arranged as a ground floor banking hall with ancillary accommodation to the rear. The first floor is accessed separately from Cluny Square and is in restaurant use.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas
Approx sq m
Floor Areas
Approx sq ft
Tenant Term Rent p.a.x. Reversion
Ground
First
Banking Hall
Restaurant
157.60 sq m
127.00 sq m
1,696 sq ft
1,367 sq ft
TSB Bank PLC (1) 5 years from 19/01/2021 on Full Repairing and Insuring Lease (2)
£20,000
18/01/2026
Total  
284.60 sq m
3,063 sq ft
   
£20,000
 

(1) 1) TSB is part of the Spanish banking group Sabadell that offers full service banking to more than five million customers (Source: www.tsb.co.uk). For the year ending 31/12/2020 TSB Bank Plc reported a turnover of £1,064,000,000, pre-tax profits of £-156,200,000 and total shareholders equity of £1,724,900,000 (Source: NorthRow 12/12/2021).
(2) Rolling tenant break option from 18/01/2023 on 6 months' notice .

If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    29.04.22
    File Size
    990 KB
    Login to View
  • Brochure
    Updated Date
    29.04.22
    File Size
    3 MB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Mhairi ArchibaldMhairi Archibald +44 (0)7718 899 341 Mhairi.archibald@acuitus.co.uk
Jon SkerryJon Skerry +44 (0)20 7034 4863 +44 (0)7736 300 594jon.skerry@acuitus.co.uk
Associate AuctioneersJas Aujla 07810717229.jas@tsapc.co.uk
Seller's Solicitors
MTL Law 126 W Regent St,
Glasgow
Lanarkshire
G2 2RQ
David Morris 0141 222 5793david@mtllaw.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

By clicking the Submit button I confirm that I would like to register my interest in this Property. Please email me updates when they are published.

If you have a query, please fill in the box below, otherwise click the Submit button.

You have 200 character(s) left.

Are you sure you want to remove this property from My Catalogue?

Are you sure you are no longer interested in this property?

Are you sure you want to delete your Account?

Making the buying and selling of property a seamless experience
Everything you need to know whether you are a buyer or sellerHelp Centre
How can Acuitus Finance help you with bridging finance
How can Acuitus Finance help you with bridging financeObtain bridging finance now