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Properties for auction in Arbroath, Angus

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Commercial Retail Unit

This commercial retail/office unit with Class 2 (Finance) consent offers substantial accommodation and an enviable corner site on the edge of Arbroath town centre. The total floor area extends to approximately 186 sq. metres (2,008 sq. feet) over three levels. The ground floor offers main sales area to the front with general office areas, storage and staff kitchen/WC facilities to the rear. The upper two levels offer additional office/storage spaces with further WC and shower facilities. Please note that the guide price is quoted exclusive of VAT and any prospective purchaser should satisfy themselves as to the incidence of VAT on this property. The current rateable value is published as £14,200 which means that the property may qualify for rates relief under the Small Business Bonus Scheme. The separate access off James Street offer the option to develop the space further (subject to planning consents) to possibly convert the upper floors for residential use. The guide price is extremely competitive for such substantial accommodation which, combined with various end use possibilities, is sure to attract interest from both commercial landlords as well as small business owner/occupiers. Early viewing is recommended to fully appreciate the value that this property offers.

Tenure

Freehold

Substantial accommodation

Potential redevelopment options

Competitive guide price

Possible rates relief available

Enviable corner site

Area

Arbroath has a main line railway station with hourly trains to all main cities in Scotland. The house is situated just off the A92 Montrose road with good road links to Aberdeen (50 miles) Dundee (15 miles) and ten minutes walk from the town centre. There are excellent schools available locally.

Energy Efficiency Rating (EPC)

Current Rating F

Local Authority

Angus Council

Additional Fees

Administration Charge - Purchasers will be required to pay an auction fee of 1% of the purchase price subject to a minimum of £3,000 inc VAT unless otherwise stated

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.


Viewing Times

Fri 17 May 11:00-11:15
280, High Street, Arbroath, DD11 1JF
Commercial Retail Unit
Type: General Retail, Retail
Location: 286 High Street, Arbroath, Angus, DD11 1JF
Images: 13
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