Retail in Boddam available for sale
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Retail Properties for Sale near Boddam, UK

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Retail Properties for Sale Within 5 miles of the Boddam, UK

More details for 13 Chapel St, Peterhead - Retail for Sale

13 Chapel St

Peterhead, AB42 1TH

  • Retail for Sale
  • £600,000
  • 1,367 sq ft
  • Security System

Peterhead Retail for Sale

The subjects comprise ten serviced flats contained within two buildings. Flats 1 - 4 are located within the first floor and attic of a two-storey and attic, mid-terraced property of stone construction with a pitched a slated room over. To the rear of the site is Block B where flats 5 - 10 are located, this building is semi-detached of stone/brick/block constructions and externally roughcast with a pitched, hipped and slated roof over. Access into the subjects is via a pedestrian door to elevation fronting Chapel Street, which leads into a common close giving way to a small court yard which gives access to all areas. In addition to Block A and B which contain the flats, at ground floor level there is a reception and waiting area for guests, along with associated staff, storage and cleaning zones. Access to each area of the accommodation is secured by key code entry systems. The flats across the building have variations in size and layout but are finished similarly throughout. Living rooms and bedrooms are carpeted, with walls and ceilings being painted plasterboard. Natural lighting is provided via double glazed windows with artificial lighting being predominantly via pendant lights. Each flat is complete with a fully functioning and equipped kitchen, as well as bathroom facilities. A more detailed breakdown of flats sizes and room numbers can be found with the Accommodation table.

Contact:

Shepherd Chartered Surveyors

Date on Market:

08/04/2026
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FAQs About Retail Property For Sale in Boddam

See All Retail Spaces For Sale
How many retail properties are currently available for sale in Boddam?
There are currently 0 retail properties available for sale. Sizes range from to , with an average size of. Available opportunities may include high street shops, retail units, shopping centre space, neighbourhood parades and mixed-use investments.
How much does retail property cost in Boddam?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Values are influenced by factors such as location, footfall, tenant strength, lease terms and the overall condition of the property.
What factors influence retail property values?
Location is often the most important factor, alongside footfall levels, tenant quality, lease length, rental income, nearby occupiers and local market conditions. Properties with strong trading locations and established tenants may attract greater investor demand.
What sizes of retail property are available?
Available properties range from to , with an average size of. Opportunities may suit independent retailers, owner-occupiers, investors and larger multi-site operators.
What are the benefits of investing in retail property?
Retail property can provide long-term rental income and the potential for capital growth. Well-located assets with established tenants may offer predictable income streams, while properties with redevelopment or alternative-use potential can provide additional opportunities for value creation.
What risks should I consider before buying?
Potential risks include tenant vacancy, changing consumer behaviour, local competition, economic conditions and shifts in retail demand. Understanding the strength of the location and the sustainability of rental income is an important part of any acquisition decision.
How does lease length affect investment performance?
Longer leases can provide greater income certainty, while shorter leases may offer opportunities for rent growth or repositioning. Investors should review rent review provisions, break clauses and tenant obligations when assessing an asset.
What types of tenants occupy retail property?
Retail occupiers can include national retailers, convenience stores, restaurants, cafés, health and beauty businesses, service providers and independent operators. The mix of tenants can influence both investment performance and future demand.
Can a retail property be used for other purposes?
Many retail premises fall within Use Class E, which may allow a degree of flexibility between retail, office, hospitality, health and other commercial uses. However, any proposed change of use should be confirmed with the local planning authority.
What due diligence should I carry out before buying?
Buyers should review leases, tenant covenant strength, service charge arrangements, planning permissions, title documents, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax (SDLT), legal fees, surveys, finance costs, insurance and any refurbishment or maintenance works that may be required.

Discover More Retail Properties for Sale in the Boddam, UK

With 0 retail units currently available for sale in Boddam, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in Boddam, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in Boddam, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in Boddam can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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