5-7 Strait Path 868 SF Retail Building Banff AB45 1AD $27,000 ($31.11/SF)

• For rental purposes, once renovated the property could potentially attract a monthly rental income of £400-£500 p/m (£4,800-£6,000 p/a).
• Property would benefit from renovation. Sure to appeal to shrewd commercial landlords looking for potential investment or owner occupiers looking for an affordable unit to run a business from.
• Property has Potential for change of use to takeaway/cafe, subject to gaining necessary licenses and permissions. Rateable Value £6,800 p/a benefiting from 100% small business relief.
• Property is situated on a main road location, benefiting from good footfall.
Property Comprises: retail area, WC, storage rooms and office space.
Excellent development potential. Property could suit a variety of uses such as vape shop, barber, hairdressers etc.
Location ensures good footfall and is sure to appeal to investors and business owners alike.
Banff, a historic coastal town in Aberdeenshire, offers commercial investors a compelling mix of stability, affordability, and long-term potential. Anchored by its harbour, strong local services, and proximity to the A98, Banff serves a wide rural catchment and benefits from steady demand for retail, hospitality, industrial, and office space tied to agriculture, fishing, tourism, and the wider Aberdeenshire economy. Property prices and yields remain attractive compared with larger Scottish cities, while limited new supply supports rental resilience.