The subjects comprise a fully refurbished class 1A retail / office unit arranged over ground floor forming part of a larger tenement building. The office benefits from a large frontage window display onto High Street. Internally the subjects comprise an open plan retail / office area with kitchen and WC to the rear.
Location
Arbroath is positioned on the north-east coast of Scotland approximately 29 km (18 miles) north-east of Dundee, within the Local Authority region of Angus. The town, which is the largest of the Angus towns, has a resident population of some 23,500 persons (Source: Angus Council). The property is located on the pedestriansed section of the High Street with surrounding occupiers including Argos, Superdrug, Farmfoods and WH Smith There is a public car park to the rear and on-street parking is available a short distance away. There are a number of Local Authority operated parking provisions at various points around the town centre.
Accommodation
NIA: 53.3 SQ M (574 SQ FT)
Terms
ASKING PRICE Our client is inviting offers over £60,000 for their heritable interest.
LEASE TERMS The property is available on traditional full repairing and insuring lease terms. Rental offers in excess of £6,000 per annum will be considered.
RATEABLE VALUE The subjects have been assessed for rating purposes and have been entered in the valuation roll at: Rateable Value - £4,700 The unified business rate for 2024/2025 is 49.8 pence. The subjects benefit from up to 100% rates relief via the small business bonus scheme.
ENERGY PERFORMANCE CERTIFICATE Available on request.
VAT For the avoidance of doubt all prices quoted are exclusive of VAT.
LEGAL COSTS Both parties shall be responsible for their own legal costs with the ingoing assignee responsible for any LBTT, registration dues and VAT thereon.
Specification
- PEDESTRIANISED SECTION OF THE HIGH STREET
- PARKING AVAILABLE NEARBY