The subjects comprise the upper floors of a 2 storey and attic stone tenement with a pitched slate roof over.
Location
Angus is one of the 32 local government areas of Scotland and borders Aberdeenshire, Dundee City and Perth & Kinross. The main industries of the area include agriculture.
Arbroath is positioned on the north-east coast of Scotland, approximately 18 miles north-east of Dundee, within the local authority area of Angus.
The town which is the largest of the Angus Council town’s has a resident population of some 23,500 persons (source: Angus Council).
The subjects are located within a mixed residential/commercial location on the fringe of Arbroath Town Centre.
Accommodation
The accommodation has been refurbished internally and comprises the following:
14A - 2 Bedroom Apartment
14B - 1 Bedroom Apartment
14C - Studio Apartment
14D - 1 Bedroom Apartment
14E - 3 Bedroom Apartment
14F - 2 Bedroom Apartment
14G - 3 Bedroom Apartment
Terms
Our client is seeking offers in excess of £450,000 for their heritable interest.
Specification
- Seven individual units within refurbished block.
- Rental income of £3,210 per calendar month.
- Offers over £450,000.
- Gross yield 8.56%.