2 bed property

The property is a mixed-use building located in Banff town centre, comprising a ground-floor commercial unit of approximately 139 sq. metres and a residential flat on the first and second floors. The commercial unit is currently vacant but has a rateable value of £7,200 and may qualify for small business rates relief. The residential flat is occupied by a tenant, generating an annual rental income of £5,400, and has a potential for future rental growth. The property has a wheelchair-accessible ground floor and an attic area providing additional storage. Flat 1, the residential unit, has 2 bedrooms and measures around 71 sq. metres. The Council Tax Band is A.