Commercial Property in KW15 available for sale
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Commercial Properties for Sale near KW15, Kirkwall

Commercial Properties for Sale Within 10 miles of the KW15, Kirkwall

More details for Shapinsay Shapinsay, Orkney - Land for Sale

Shapinsay Shapinsay

Orkney, KW17 2DZ

  • Land for Sale
  • £7,000
  • 0.10 ac Plot
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More details for Sunfield, Burray - Hospitality for Sale

Sands Hotel - Sunfield

Burray, KW17 2SS

  • Hospitality for Sale
  • £750,000
  • 6,127 sq ft
  • Restaurant

Burray Hospitality for Sale - Orkney Islands

Graham + Sibbald are delighted to bring to market the Sands Hotel Okrney For Sale. Located on the Island of Burray, just off mainland Orkney, once only accessible by boat, but now linked by the iconic causeways - the Churchill Barriers. The property for sale in Orkney has an imposing position overlooking the beach and Burray Harbour, with stunning views over Water Sound to South Ronaldsay This location is a fantastic destination enriched with history. The route through these islands encompasses the Churchill Barriers. The Sands Hotel for sale is a 4-Star, 8-bedroom hotel. The hotel for sale on Orkney offers 6 ensuite letting rooms plus 2 modern suites that are arranged over two floors. As well as the spacious and comfortable letting accommodation, the hotel offers its guests a variety of restaurant and bar facilities. There is also a staff house, Point Cottage, which comprises a semi-detached two storey house located at the front of the hotel. Point Cottage has two double bedrooms, bathroom, dining room, living room and kitchen. The sellers have owned and operated the Sands Hotel for 9 years and throughout their time upgraded the hotel, the availability of the hotel offers buyers a fantastic opportunity to acquire a long established and profitable destination hotel business. We think this opportunity would really suit an owner operator looking for a wonderful lifestyle on this stunning island.

Contact:

Graham & Sibbald

Property Subtype:

Hotel

Date on Market:

05/08/2024

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FAQs about Commercial Properties For Sale in KW15

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How many Commercial Property listings are available for sale in KW15?
There are currently 0 Commercial Properties available for sale near KW15. These KW15 Commercial Property listings have an average size of. The largest available listing in KW15 is. The thriving commercial centre and excellent transport links in KW15 make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in KW15?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in KW15 currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in KW15?
There is a diverse range of commercial properties available in KW15 to suit various business needs. KW15 offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 0 KW15 commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the KW15, Kirkwall

You searched for commercial property for sale in KW15. Explore 0 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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