Large retail floorplate with upper-flat redevelopment potential.
Circa 228.55 sqm (2,460 sqft) ground-floor commercial space
A substantial mixed-use building in central Keith offering a large ground-floor commercial area and upper residential accommodation. The ground floor provides circa 228.55 sqm (2,460 sqft) of retail/office space with traditional stone frontage and large windows, suited to continued commercial use or conversion subject to planning. The upper part comprises a double upper flat with three main bedrooms plus an additional bedroom elsewhere in the layout — providing flexible rental or owner-occupier options.
This lot is sold freehold and will be offered at livestream auction; bidders must register in advance. The sale carries a buyer’s premium of 3.6% (minimum £3,600), and purchasers should allow for no guarantees on services or fittings; no tests have been carried out. The residential areas are dated and require refurbishment — modernisation and investment are needed to realise rental or resale value.
Practical advantages include excellent mobile signal, cheap council tax (Band B), no flood risk and good transport links to Aberdeen and Inverness. Drawbacks to note: the building sits in a very deprived area, broadband speeds are average, and any change of use or significant works will require planning consent. This property suits investors or developers looking for a town-centre redevelopment or an income-generating mixed-use asset.