Studio for sale

Bridge Street Free Church, Bridge Street, Wick, Caithness KW1

Former church for sale in the centre of picturesque Wick.

2 massive floors (6,300 Square feet) for sale in what was formerly the Bridge Street free church in the centre of Wick.
The property was recently used as a showroom for a furniture company but is offered vacant and presents potential for both commercial use and residential development.

The property already benefits from commercial planning having been approved but due to the size, the canny investor may wish to change the use to residential use in order to maximise income.

Planning has already been granted for flats on the basement level meaning that further applications on the upper floors are likely to be looked on favourably (no guarantees can be offered)

Should the necessary planning be accepted, a large potential rental income could be expected through short term letting such as Air B&B to take advantage of visiting tourists to the area and the hundreds of thousands of travellers doing the North Coast 500 tourist route all year round.

Residential rental prices in Wick can be up to £850pcm for a long-term rental and up to £2,500 per week for AirBNB. Considering the size of this property, it would potentially be large enough to accommodate several flats.

The property should easily let for around £1,000 per month (£12,000 per year) as a commercial enterprise.

If a developer was to build and sell the properties- with 4 or 5 good-sized properties developed (subject to consents) the potential income from sales would likely exceed £1.5 million (subject to standard of completion).

Property comprises of two giant floors, access to the front and rear, stairway access to upper floor on both sides and access to parking at the rear with 183 spaces.

Situated on Bridge Street in the very centre of Wick, this property is right at the heart of town. Close to shops, cafes, restaurants and supermarkets. Other tourist attractions include the working harbour, North Baths, Caridehuna Well and of course, the world famous "Old Pulteney" single malt Whisky distillery which was founded in 1856 and welcomes thousands of visitors every year and is also a natural stop on the famous North Coast 500 tourist route.

The town is linked by the A9, the main trunk road in Scotland which connects you. To some major Scottish cities including Inverness and Edinburgh.

A short 30 minute drive gets you to the ferry terminal at Scrabster which has regular sailings to the magnificent Orkney and Shetland islands which are world renowned for their rugged beauty, rich history and incredible wildlife.

Wick train station is a 2 minute walk from the property and provides links to all other Scottish cities via Inverness.

Inverness 2 hours 30 mins
Ullapool 3 hours
John o'Groats 30 mins
Scrabster (ferry terminal) 30 mins

This lot will be sold under auction terms and conditions by Braveheart Auctions.

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