A former north-east restaurant, which has lain vacant for nearly a decade, has gone back on the housing market for a reduced price.
The former Red Corner Chinese restaurant in Fraserburgh’s Seaforth Street had gone up for auction earlier this year for offers in the region of £100,000.
But after failing to sell, Glasgow auctioneers Auction House Scotland have re-listed the property at a diminished price of £69,995.
It had formerly been operated as a restaurant in the 1990s and had room for up to 40 diners.
The dining room was eventually closed and the business operated solely as a takeaway.
It was last known as the Little Panda in 2012 before it went out of business.
In advertising the restaurant to potential buyers, the firm has described the sale as a “great development opportunity”.
It added: “This commercial opportunity is located in the coastal town of Fraserburgh and comprises restaurant, bar and kitchen on ground floor with three bedroom accommodation above.
“The restaurant offers seating to accommodate 30 to 40 covers and also includes a bar and seating area. This space could be re-formatted to allow greater covers dependent on the incoming owner’s plans.
“Towards the rear of the property is a storage area and high standard kitchen which is partially fitted with equipment, all of which is new or in good condition.”
The property will be sold alongside an upstairs, three-bedroom flat.
Bidding will take place on June 28.
The restaurant is sited next door to the former Station Hotel, which served its last meal in 2009.
The building was converted into houses in multiple occupancy (HMO) in the following two years, but was widely condemned by local councillors.
The plans were backed by the Scottish Government in 2012 on appeal. Residents had feared the development would lead to a rise in antisocial behaviour.
Many called for the hotel business to be revived instead to boost the local economy.