Substantial Mixed Use Investment Opportunity, Golspie

Bakers Building & Bakers Cottage Main Street, Golspie, KW10

An excellent opportunity to acquire a substantial mixed-use investment property occupying a prominent position within the centre of Golspie. The property comprises a commercial retail premises together with multiple residential units and a detached residential cottage, producing a current combined rental income in the region of £31,000 per annum.

Occupying a generous site extending from Main Street through to a sizeable rear courtyard and parking area, the property offers an attractive blend of immediate income together with clear future enhancement potential.

The sale includes “Bakers Building”, incorporating a commercial unit and three residential flats, together with “Bakers Cottage”, a detached three-bedroom residential dwelling positioned to the rear of the site.

Historically forming a bakery premises, the property now presents as a mixed-use investment with flexibility for a variety of future uses, subject to any required consents.

While certain areas would benefit from cosmetic upgrading and modernisation, the overall property is income producing, occupied and considered readily manageable, offering purchasers the opportunity to improve and enhance the accommodation over time.

Business & Investment Overview

The property represents a rare opportunity to acquire a sizeable mixed-use asset within the centre of Golspie, combining residential accommodation, commercial premises and detached cottage accommodation within a single holding.

The current owners operate the property on relatively informal tenancy arrangements, however occupancy levels have remained stable with strong local demand for residential accommodation understood to exist within the area.

The property currently generates combined rental income in the region of £31,000 per annum across the residential and commercial accommodation.

The commercial premises are currently occupied by a local charity shop and occupy a prominent trading position on Main Street. The unit was historically configured as two separate commercial units and may offer flexibility for future reconfiguration or alternative use, subject to any required planning consents. The residential accommodation provides a varied mix of one-bedroom, two-bedroom and three-bedroom accommodation together with the detached Bakers Cottage, broadening the appeal to a range of occupiers and supporting diversified income streams.

While portions of the accommodation would benefit from modernisation and cosmetic improvement, the property overall presents as a functional and income-producing investment with clear future enhancement potential.

Location

Golspie is a well-regarded coastal village situated on the east coast of Sutherland within the Scottish Highlands. The village benefits from a strong sense of community together with a range of local amenities including independent retailers, cafés, restaurants, primary and secondary schooling, transport links and recreational facilities.

The property occupies a prominent position on Main Street, within easy reach of the village centre amenities and public transport connections.

Golspie remains a popular Highland location for both permanent residents and visitors alike, benefiting from attractive coastal scenery together with convenient access to Inverness and the wider Highlands.

• Substantial mixed-use investment opportunity
• Prominent Main Street position within Golspie
• Commercial retail premises currently occupied by charity shop
• Three residential flats within Bakers Building
• Detached three-bedroom Bakers Cottage
• Combined annual income approximately £31,000 per annum
• Generous rear courtyard and parking area
• Established occupancy across residential and commercial accommodation
• Scope for rental growth and asset management
• Potential flexibility for alternative uses subject to consents
• Historic former bakery premises
• Ideal for investors, portfolio landlords or lifestyle purchasers
• Some cosmetic upgrading and modernisation required in areas