Build Scotland Construction Directory
Time and date
CONSTRUCTION DIRECTORY
Share this page
Construction News
09/09/2009

Prime Retail Investment Opportunity In Buckie

Commercial property experts, FG Burnett, has been instructed to sell a prime retail investment in Buckie, Morayshire.

The 9,000 sq ft unit in East Cathcart Street is the former Lidl store which is now on a long term lease until 2023 to national retailer The Factory Shop.

Lidl have recently opened a new 20,000 sq ft store immediately adjacent and a large Somerfield store is located nearby.

FG Burnett director, David MacLeod, said the combination of a long lease to a successful major retailer and a prime retail location should attract a high level of interest from potential investors.

-- Advertisement --
NorthernAsbestosServicesLtd

Mr MacLeod said: "The Factory Shop is a national retailer with more than 100 stores in the UK and has an excellent trading record. Add that to the central location and close proximity of Lidl and Somerfield and it’s clear the area will draw a large number of local shoppers.

"This is also a confidence booster for Buckie as an important commercial centre in the Moray area. The fact that Lidl have doubled the size of their store and the Factory Shop have committed to a long lease underlines the demand by local shoppers for national retailers in the town."

FG Burnett is seeking offers over of £685,000 on behalf of the vendor.

Commercial property firm was founded in 1960 and the practice has now grown to become the largest firm of chartered surveyors and property consultants based in Aberdeen and Glasgow.

(GK/KMcA)

Latest Construction News

26/11/2024

Scottish Water has unveiled its largest-ever procurement initiative, aiming to modernise the nation's water and wastewater infrastructure while safeguarding the environment. The program, named Delivery Vehicle 4, is valued between £5 billion and £9 billion and is set to run from 2027 to 2033, with ...
26/11/2024

The City of Edinburgh Council has granted planning permission, subject to conditions, for the refurbishment of Calton Square, an office building currently occupied by Baillie Gifford until the end of December 2025. Promoted by Ardstone Capital on behalf of Manova Partners, the project aims to ...
26/11/2024

First Minister John Swinney, MSP for Perthshire North, praised the progress being made on the construction of the new Perth High School during a visit on Friday, 22 November. He was joined by Jim Fairlie, MSP for Perthshire South and Kinross-shire, alongside senior Perth and Kinross Councillors, ...
26/11/2024

A state-of-the-art playpark has officially opened at King George V Park in Bearsden, following the completion of a £100,000 refurbishment. Funded by a combination of East Dunbartonshire Council (EDC) Capital Funding and the Scottish Government’s Renewing Scotland’s Play Parks initiative, the ...
26/11/2024

Fife Council has launched a public consultation, inviting residents, businesses, and organizations to contribute ideas and propose sites for inclusion in the next Local Development Plan, known as Fife's Place Plan. The council is calling on community councils, landowners, and developers to share ...
26/11/2024

The Chief Executive of East Lothian Council has announced she is to retire in February 2025. Monica Patterson who has been Chief Executive for almost five years, has spent most of her professional career working in local government. Prior to joining East Lothian Council in 2010, she was Head of ...
25/11/2024

West of Scotland Housing Association (WSHA) and Connect Modular have jointly submitted a planning application to Glasgow City Council for the development of 33 affordable homes in Cowlairs. This project aligns with the wider Cowlairs Park regeneration scheme and the city's ambitious housing ...
25/11/2024

Arc-Tech (Scotland) has successfully completed a £6m Mechanical and Electrical (M&E) services package for the Lost Shore Surf Resort in Edinburgh. The state-of-the-art resort, which opened its doors earlier this month, features a range of amenities, including a wave pool, luxury lodges, and ...
25/11/2024

Scottish Water has successfully completed the construction of a groundbreaking hydro energy generation scheme at Whiteadder Reservoir in East Lothian. This innovative project, believed to be the first of its kind in Europe, will harness the power of water to offset a significant portion of the ...
25/11/2024

Work is set to commence on a £6.5 million project to upgrade the Double Dykes Gypsy/Traveller site near Perth. The initiative aims to replace outdated chalets with modern, energy-efficient accommodation and implement significant site improvements. Perth & Kinross Council secured £3.9 million from ...
RBT Underfloor LimitedMorris & Spottiswood LtdSips Eco Panel Systems LtdM K M Building Supplies LtdAlternative Tying Systems LtdContainexPerthshire Joinery LtdK A Tree SurgerySuperior Exterior CleaningIBT Building & Timber (Merchants) Ltd
Terms and Conditions
2024/11/26 14:46:21