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Agent's details

1 Catherine Street Arbroath, Angus, DD11 1RL (Ref:6177)

For sale: £145,000.00|4,340 Sq Ft|Residential

Property details

FOR SALE£145,000.00
SIZE4,340 Sq Ft
ADDRESS1 Catherine Street Arbroath, Angus, DD11 1RL (Ref:6177)
TYPEResidential
TENUREFor Sale Freehold
POSTED ON15th November 2021

Description

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 corner of Catherine Street and Westport, a popular secondary location opposite Arbroath train station and within short walking distance of the town centre.

Surrounding occupiers include Ladbrokes, as well as mix of local retail units and residential accommodation On street parking is available on the surrounding streets and at public car parks nearby.

DESCRIPTION
The building comprises a former nightclub with separate residential accommodation arranged over 4 floors.

The first three floors comprise a basement/cellar area, ground floor bar and first floor nightclub area with associated storage and toilet facilities The second floor is existing residential and comprises 3 bedrooms, kitchen, bath and shower room.

An external balcony is accessible via the kitchen. Outline plans have been commissioned to convert the sizeable attic space into two separate bedrooms with new stair access.

There are various options for alternative uses for the property including a mix of commercial and residential uses subject to local authority consents.

RATEABLE VALUE
The subjects have been assessed for rating purposes and have been entered in the valuation roll at £11,200.

The commercial subjects qualify for up to 100% rates relief via the small business bonus scheme.

The flat over second and attic floors is currently rated as band B" for council tax purposes.

TERMS
Our client is seeking offers over £145,000 for their heritable interest.

Location

marker
Location: 1 Catherine Street Arbroath, Angus, DD11 1RL (Ref:6177)

Arbroath (0.0 miles)

Carnoustie (5.8 miles)

Golf Street (6.5 miles)

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