Former Peterhead nightclub Nemesis heading to auction for just £60,000

A once thriving nightclub in Peterhead town centre left vacant for over a decade is heading to auction with a £60,000 price tag.

Nemesis on Marischal Street closed for good back in 2012, with the floors above the former BrewDog pub, which is being taken over by OGV Taproom, left vacant ever since.

Listed by Future Property Auctions, the 250sqm venue is described as being an ideal space to lend itself to various uses including a coffee house or retail space.

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The property is also said to have rental potential of £25,000 per annum, with major works including new windows and the stripping back of the rooms completed by the current owner.

In the advert, the former Nemesis nightclub is also described as being in a prime location, sitting adjacent to Drummers Corner and several shops including New Look, Argos, WHS Smith and Superdrug.

The property qualifies for 100% rates relief for small businesses, offering future owners of the former club additional investment value, but significant work would be required to ready the venue for its new use.

The description reads: "The premises are located on the main stretch of Marischal Street, occupying a prime location within the town.

"Close by are many amenities including shops, supermarkets, bars and restaurants, with world famous seafood available in the harbour.

"Peterhead is currently undergoing massive development and regeneration with 800 new home being built locally within a short distance of the town centre.

"The transformation of the town centre underway with new podium and raised stage being completed to provide a live music venue almost directly opposite the premises."

More details can be found here.