Page 3 - Shepherd February Commercial Auction 2023

MESSAGE FROM THE AUCTIONEER
Andrew Parker
Managing Director
& Auctioneer at
SDL Property Auctions
Barry Dunlop
Head of Sh Commerci Auctions
Andrew Parker Steven W Barnett BLE FRICS
Welcome to our December auction catalogue
Managing Director & Auctioneer at Shepherd Property Auctions
SDL Property Auctions
Text...
We’re excited to start the year with another great auction catalogue of commercial properties going under the hammer in our live-streamed auction on Tuesday 28th February.
This month we have 17 lots filling the pages of our catalogue. Our lots cover a wide range of commercial property and development land opportunities across Scotland with guide prices starting at only £7,500+.
All our properties are open to remote bidding online, on the phone and by proxy. Registering to bid is quick and easy, simply complete and submit the remote bidding form here.
Our auction starts with lot No 1, 26 - 28 Clarendon Place in Stirling, a two-storey end-terraced residential property of traditional stone and slate construction which represents a great development opportunity. Occupying a prime location close to Stirling city centre, this property has a guide price of £20,000+.
Acting on behalf of Transport Scotland, we are offering for sale three fields at Upper Murthat, Moffat in the Annandale district of Dumfries & Galloway. All irregular shaped agricultural fields and located adjacent to the A701 the fields each have gated access direct from the public road.
Field No 1 extends to 0.291 hectares (0.72 acres) and has
a guide price of £7,500+, field No 2 has a guide price of £18,500+ and a total site area of 1.777 hectares (4.39 acres) and field No 3 extends to a total site area of 5.314 hectares (13.13 acres) and has a guide price of £36,500+.
We have been instructed by Forestry and Land Scotland to sell two small sloping sites of irregular shape at School Wood, Forestmill in Alloa. These two adjacent sites in a semi-rural setting are finished in a combination of hardcore, tarmac and vegetation together with mature trees. The total site area is estimated to be 0.15 hectares (0.37 acres) and would make an excellent residential development opportunity subject to planning consent. This lot has a guide price of £7,500+.
With a prominent corner location is 108-110 High Street, Perth, a retail unit with a guide price of £495,000. This double fronted property is arranged over ground, basement and first floors of a Listed stone constructed property and has been
*Please see Buyer’s Terms for definition of guide price and auction fees
Welcome to the Shepherd Commercial Property Auction February catalogue
fully fitted and refurbished to a high standard. It is occupied and trading as Bob & Berts from 28th April 2022 to 27th April 2037 with an annual rent of £40,000 representing a net initial yield of 7.73%.
Any buyers looking for warehouse space will be interested in a series of workshop buildings at Jasmine House, East Tullos Industrial Estate, Aberdeen which we are offering for sale with a guide price of £250,000+.
We have a large detached hotel premises enjoying a prominent town centre location and scope for continued commercial use or possible residential conversion opportunity, subject to planning consents. This lot at 1 Queen Street, Castle Douglas has a guide price of £165,000+.
At 1-5 Union Street, Inverness we have a substantial mixed use commercial building which is Category B Listed and dates back to 1863. Comprising two retail units over the ground and basement floors with a further five office suites over the first and second floors, this lot has a current income of £67,250 per annum and is for sale with a guide price of £570,000+.
Our lot No 8 is a substantial former care home with 45 bedrooms at Grandview House, High Street in Grantown on Spey. With a guide price of £260,000+ this property extends to circa 31,885 sq ft and would be suitable for a range of alternative uses (subject to planning consent).
To register for an online, telephone or proxy bid for any of the lots in our auction this month, please click here and fill in our simple form.
If you would like any further information about any of the lots for sale in our auction on Tuesday 28th February, or would like to find out more about the processing of buying commercial property by auction, please call our friendly auction team on 0333 016 4000 (Option 3). Alternatively, you can contact one of our local Shepherd offices where the team would be delighted to offer you a viewing of the property ahead of the auction. Our full list of offices is on the back page of this catalogue.
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