743 m² Commercial space in Orkney

Introducing an investment opportunity in Orkney, our face brick building is ready to add value to your portfolio. Situated on a main road, this two-storey building offers incredible potential.

The ground floor boasts three spacious shops, with a steady flow of foot traffic on the bustling main road.

On the second floor, you''ll find six flats, equipped with pre-paid water meters, ensuring that all residents are responsible for their own water usage. This system offers convenience and financial accountability for both tenants and the owner.

Speaking of income, this building has a proven track record of generating a consistent monthly rental income. While the rental income was adjusted prior to the impact of COVID-19, the potential for growth and higher returns remains promising. In fact, the current rental income is more than sufficient to cover a 100% commercial bond over a 15-year period at prime rates.

While the building''s interior has been relatively maintained, it is true that a fresh coat of paint is needed for the stairs, stoep''s, and roof. However, this presents an opportunity for you to put your mark on the property and add value through renovations.

Don''t miss out on this incredible investment opportunity. With its prime location, potential for increased rental income, and ability to service a commercial bond, this face brick building is a chance for financial prosperity.