Sold, 0 sqft  Retail 

Linkshouse, Mid Yell, Shetland

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Features

  • Auction Date: 27th - 28th February 2019
  • Freehold property
  • Retail shop & ancillary outbuildings
  • Approx. 0.33 acre site
  • Potential residential development (STP)
  • Potential change of use (STP)
  • Close to local amenities
  • Close to ferry terminal
  • Close to the beach

Address

Link House Stores LinkshouseMid YellShetlandZE2 9BP
Details
Map
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Property Details

•For Sale By Online Auction Date: 27th – 28th February 2019
•Guide Price: £22,950+
•Former Local Stores & Post Office
•Sought After Location
•Potential Development Opportunity (STP)

Situated on a site extending to approx. 0.33 acres, the property is entered via the main shop doorway to a large retail area with glazed window display. To the side is a further retail space which includes a partitioned former Post Office unit in one corner. At the rear of the main space is a further retail / storage area with office and store to the side, and further store leading through to a staff area with kitchenette & toilet.

The property is situated across the road from the pier and beach in the centre of the village of Mid Yell on Yell, the larger of Shetland’s North Isles, the village being Yell's main population centre and the location for its main amenities including the Junior High School, leisure centre & swimming pool, medical & care centres.

Yell is approximately 19 miles long by 7.5 miles wide and having a population of around 1,000, and is connected to Mainland Shetland by a regular ferry service.

Despite the remote ‘get-away-from-it-all’ location, the mainland is still easily accessible with a daily ferry service linking Shetland with Orkney & Aberdeen, and regular flights to Aberdeen, Glasgow & Edinburgh.

Description Continued

Outside there is a detached shed comprising a general storage area with additional partitioned area at the rear which used to house the sorting office. In addition there is also a single garage in a block of three.

There is a large derelict stone built dwelling in a state of disrepair sited on the site that extends to approx. .33 acres.

Accommodation

Main Building: 215 m2 (2314 ft2)
Detached Shed: 58m2 (624 ft2)
Single Garage: 13 m2 (140 ft2)

Please note: measurements provided by a third party.

Services

Potential buyers are advised to make their own investigations

Tenure

The property is freehold

Business Rates

The current rateable values are as follows Shop £2,175; Shed £370; Garage £60

Guide Price

£22,950+

VAT

Potential buyers are advised to make their own investigations

Buyers Premium

2% (min. £3,600) inc. VAT

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Investment Analysis

Other uses may be possible although this would be dependent on any necessary consents required and again prospective purchasers should satisfy themselves in this regard.

Location Map

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