Commercial property experts, FG Burnett, has been instructed to sell a prime retail investment in Buckie, Morayshire.

The 9,000 sq ft unit in East Cathcart Street is the former Lidl store which is now on a long term lease until 2023 to national retailer The Factory Shop.

Lidl have recently opened a new 20,000 sq ft store immediately adjacent and a large Somerfield store is located nearby.

FG Burnett director, David MacLeod, said the combination of a long lease to a successful major retailer and a prime retail location should attract a high level of interest from potential investors.

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Mr MacLeod said: "The Factory Shop is a national retailer with more than 100 stores in the UK and has an excellent trading record. Add that to the central location and close proximity of Lidl and Somerfield and it’s clear the area will draw a large number of local shoppers.

"This is also a confidence booster for Buckie as an important commercial centre in the Moray area. The fact that Lidl have doubled the size of their store and the Factory Shop have committed to a long lease underlines the demand by local shoppers for national retailers in the town."

FG Burnett is seeking offers over of £685,000 on behalf of the vendor.

Commercial property firm was founded in 1960 and the practice has now grown to become the largest firm of chartered surveyors and property consultants based in Aberdeen and Glasgow.

(GK/KMcA)