Lot 92 34 Broad Street, Fraserburgh, AB43 9AH

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Simon Bailey


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+44 (0) 20 7703 4401

Vendor Solicitor

Robin Corbett

+44 (0) 141 530 5225

Property Summary
  • Heritable former bank premises
  • Substantial and prominent corner building
  • Town centre location
  • Approximately 488.83 sq m (5,292 sq ft)
  • Development potential (subject to planning)
  • Vacant possession

Heritable (Scottish equivalent of freehold)


Fraserburgh lies on north east Aberdeenshire coast about 40 miles north of Aberdeen and is a major employment and service centre dominated by the fishing industry. It is accessed via the A90, A981 and A98 and offers wide range of shopping and leisure facilities plus five primary schools, a secondary school and the Banff and Buchan College of Further Education.

Broad Street is the principal shopping thoroughfare in the town with the property commanding a prominent corner position on the west side of the street at its junction with Mid Street. Nearby occupiers include Santander, Shelter, M&Co and Ladbrokes.


A substantial corner building of stone construction beneath a pitched roof arranged over basement, ground and two upper floors. The ground floor is split level and provides a retail area previously used as a banking hall. The upper floors provide ancillary office and storage accommodation and can be accessed either from the rear of the ground floor or from a separate entrance on Mid Street. The property may offer alternative use potential, subject to obtaining the necessary consents.


Please refer to legal documents


Aberdeenshire Council (03456 081204) www.aberdeenshire.gov.uk

Please refer to Legal Documents
Property Table





Retail/former banking hall 189.98 sq m (2,045 sq ft)

Ancillary 146.97 sq m (1,582 sq ft)

Ancillary 120.96 sq m (1,302 sq ft)

Storage 30.94 sq m (333 sq ft)

TOTAL488.83 sq m (5,262 sq ft) 



Refer to the legal pack

*Terms and Conditions

Buyers are strongly advised to read these terms and conditions, and check the Special Conditions and any applicable Addendum, prior to bidding on a Lot. Additional costs, charges and encumbrances may apply for Buyers once they have made a successful bid in relation to a property.

  1. The reserve price is the minimum price at which the property can be sold at auction.
  2. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller may be prepared to sell on the date on which the guide price, or range of prices, is published. The sale price, whether prior to or at the auction, can be above or below the guide price depending upon market activity. BidX1 and the seller accept no responsibility for any losses, costs or damages incurred by a buyer as a result of relying on any guide price. The buyer must decide how much they should bid for any Lot. All guide prices are quoted subject to contract. Guide prices given by BidX1 or the seller cannot be accepted by the buyer as being a professional valuation for any purpose in accordance with the requirements or guidance notes of relevant professional bodies or other authorities.
  3. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any Lot may exceed the previously quoted guide price (as the seller may fix the final reserve price just before bidding commences).
  4. The guide price for the Lot does not include the administration fee of £1,000 (inclusive of VAT) charged by BidX1. In the case of a joint agent this administration fee will be £2,000 (exclusive of VAT). In addition, the guide price does not include VAT on the sale price, or any additional costs, charges or encumbrances that might apply to some Lots and/or some buyers. The Special Conditions of Sale of the seller, and any applicable Addendum, will state if there are other costs, charges or encumbrances and whether the seller has elected to charge VAT on the sale price.
  5. To participate in the sale BidX1 must hold a minimum amount from all bidders. This participation amount is fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £4,500 comprises £3,500 relating to your bidder security (partial deposit payment) and an administration fee of £1,000 inc. VAT payable directly to BidX1. A higher participation amount may be payable depending on the reserve price of the Lot.
  6. Please note that Lots may be sold or withdrawn prior to auction.
  7. No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the seller in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the seller. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the seller. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller.

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