For Sale By Auction | 14:00, 06 February 2025

Eden Watermill, King Edward, Banff, Aberdeenshire AB45 3LP

*Guide | £52,000 (plus fees)

  • Commercial Property
  • Tenure: Freehold

Call the team on 0141 339 4466 for more information

Auction Date

Thu 06/02/2025

Auction Time

14:00

Auction Venue

Radisson RED, 25 Tunnel Street • G3 8HL

Unique commercial property

New to auction is this unique commercial property, Eden Watermill, enjoying picturesque rural setting approximately five miles south west of Banff, Aberdeenshire. Previously trading as a gift shop and tearoom, the property extends over three levels, each of which can be accessed independently. The first floor offers approximately 65 sq. metres, with a further 50 sq. metres on the first floor. There is also a large basement area which houses a generator offering a useful back-up power source. The property offers a variety of potential commercial uses, but the peaceful setting and unique style of property could equally lend itself to conversion to residential use such as holiday rental. Any change of use or other development would, of course, be subject to any required consents. The published rateable value is £5,900 which means that the property may qualify for rates relief under the Small Business Bonus Scheme. A highly competitive Guide Price, allied with the range of end uses, is sure to attract strong levels of demand from a variety of buyer types. Early viewing is essential.

Tenure

Freehold

Area

Eden Watermill enjoys a rural Aberdeenshire setting, approximately five miles south west of Banff. Banff itself lies on the north east coast, halfway between Elgin and Fraserburgh, and offers a blend of historical charm alongside modern amenities. Both local and national retail brands are on offer, with a choice of leisure options also available. Transport links include regular bus services to the surrounding area and further afield to Aberdeen, with road links effectively serving the local area and further afield.

Local Authority

Aberdeenshire Council

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.