Comprises a four storey, former Santander Bank, with planning consent for residential apartments on the upper floors which are currently vacant and derelict. The property is of traditional stone construction throughout with rendered elevations beneath a pitched slate roof and benefits from single glazed sliding sash windows on the upper floors and two large double glazed shop windows to the ground floor. The ground and first floor levels had external security bars to the rear .The ground floor has been subdivided to provide a large ground floor office on one side with a consultation room behind it and an ATM machine on the other.
Location
The Cathedral city of Brechin functions as an employment, commercial and service centre for North Angus and has a resident population of approximately 7,000 persons. (Source: Angus Council). The town is situated some 44 kilometres (26 miles) north-east of Dundee and 64 kilometres (40 miles) south-west of Aberdeen and benefits from its close proximity to the A90 trunk road linking Aberdeen to Dundee and beyond.
Accommodation
194.48 SQ.M (2,093 SQ.FT)
Terms
RATING ASSESSMENT The property is currently entered in the valuation roll as follows: RV: £6,200 The unified business rate for the financial year 2024/2025 is 49.8 pence exclusive of water and sewage.
DEPOSIT At the end of the auction, if the reserve price has been met, a 10% deposit (subject to a minimum deposit of £5,000) will be payable.
RESERVE PRICE The reserve price is the minimum price for which the property can be sold and is confidential between the auctioneer and the vendor and cannot be disclosed. If the reserve price isn’t met, the property will remain unsold. You can contact our team and at this point you’ll be able to make an offer which will be referred to the sellers for their consideration
GUIDE PRICE Properties advertised with a guide price is within 10% above or below the reserve price when a single figure is stated. If the guide price is a bracket figure, the reserve price cannot exceed the top end of the bracket price.
BUYER FEES The buyer’s fee is 2% plus VAT subject to a minimum of £2,000 plus VAT.
LEGAL PACK The legal pack is available to view online VAT The property is elected for VAT. See legal pack.
ENERGY PERFORMANCE CERTIFICATE The property has a current energy rating of G 107. A copy of the EPC is available upon request.
Specification
- FOUR STOREY MIXED USE PROPERTY
- POTENTIAL TO CONVERT UPPER FLOORS INTO SELF-CONTAINED THREE BED FLATS