Commercial Property in Turriff available for sale
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Commercial Properties for Sale in the Turriff, UK

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FAQs about Commercial Properties For Sale in Turriff

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How many Commercial Property listings are available for sale in Turriff?
There are currently 8 Commercial Properties available for sale near Turriff. These Turriff Commercial Property listings have an average size of 315 sq ft. The largest available listing in Turriff is 315 sq ft. The thriving commercial centre and excellent transport links in Turriff make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Turriff?
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 Turriff currently range from £83 to £83 per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Turriff?
There is a diverse range of commercial properties available in Turriff to suit various business needs. Turriff offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 8 Turriff 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.

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Market Overview for Commercial Properties in Turriff

Key information for Commercial Properties investors in Turriff and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Turriff £83 315 sq ft
Banff £49 5,577 sq ft
Macduff £4 10,764 sq ft
New Deer £32 1,177 sq ft
Fraserburgh £30 4,292 sq ft

Rental Price Trends in Turriff

The price per square foot range for Commercial Properties in Turriff and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Turriff £83 £83 £83
Banff £9 £49 £111
Macduff £4 £4 £4
New Deer £32 £32 £32
Fraserburgh £6 £30 £47

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Turriff area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Turriff 315 sq ft 315 sq ft 315 sq ft
Banff 1,994 sq ft 5,577 sq ft 9,881 sq ft
Macduff 10,764 sq ft 10,764 sq ft 10,764 sq ft
New Deer 1,177 sq ft 1,177 sq ft 1,177 sq ft
Fraserburgh 926 sq ft 4,292 sq ft 10,645 sq ft

You searched for commercial property for sale in Turriff. Explore 8 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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