The subjects comprise a former printworks which was converted for office use some years ago. The property has been utilised as a call centre in previous years however most recently it was let to Voluntary Action Angus who have now vacated. The main walls are of stone and brick construction whilst the roof over is laid in corrugated asbestos, which is overlaid in modern composite sheets incorporating translucent panels to preserve the natural daylight provisions designed within the structure. The front section of the property, which formed the original office section, has a flat roof overlaid in mineral felt. Floors throughout are of solid construction. A pedestrian door provides access to the front of the property and there are fire exits to the side and rear.
Location
Forfar is one of the principal towns within the local authority region of Angus and is situated some 27km (17 miles) north of Dundee and 84km (52 miles) south of Aberdeen, just to the east of the A90 dual carriageway. The town has a resident population of approximately 14,000 persons (source: Angus Council). St James Road runs broadly parallel with the town’s High Street on the south side of the town centre. The property is situated at the junctions of St James Road, Academy Street and Chapel Street on the edge of the town centre in a mixed location comprising office, leisure, residential and retail properties. An Asda Supermarket is located a short distance to the west along with a B&M retail store and Spar Petrol Station to the east. The subjects are therefore well positioned for all town centre amenities.
Accommodation
Ground 261.02 sq m (2,810 sq ft )
Terms
Our client is seeking offers in excess of £120,000 for their heritable interest in the building. Alternatively, our clients may lease the premises on an FRI lease for a negotiable term. Rental offers over £12,000 per annum are invited
.RATEABLE VALUE The current Rateable Value is £11,900. The Unified Business Rate for the financial year 2024/2025 is 49.8p The subjects qualify for up to 100% rates relief via the small business bonus scheme.
ENERGY PERFORMANCE CERTIFICATE Awaiting confirmation.
VAT All prices quoted are exclusive of VAT.
PUBLICATION DATE: DECEMBER 2024
LEGAL COSTS Both parties shall be responsible for their own legal costs with the purchaser responsible for any land and building transaction tax (LBTT), registration dues etc. And VAT thereon
Specification
- PRIME LOCATION / BUSY THOROUGHFARE OFF STREET PARKING
- SUITABLE FOR A VARIETY OF DIFFERENT USES (SUBJECT TO PLANNING)
- 100% RATES RELIEF
- NIA: 261.02 SQ M (2,810 SQ FT)
- ASKING PRICE: OFFERS OVER £120,000.
- ASKING RENT: OFFERS OVER £12,000 PER ANNUM