Vacant Commercial LOT 273

273 High Street, Arbroath, DD11 1EE
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Guide Price
£53,000


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09 May 2024, 3pm

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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Vacant

***SUPERB COMMERCIAL INVESTMENT OPPORTUNITY*** Retail Unit EXCELLENT POSITION on ARBOATH High Street, Excellent investment opportunity. Realistic Rental income of up-to £7800pa. POTENTIAL HIGH YIELD.

TERRIFIC RENTAL PROPERTY WITH Previous RENTAL of £5,400 per annum. May be suitable for multiple uses Retail/office EXCELLENT LOCATION with highly visible frontage onto busy main street.

SUPER SIZE AND LOCATION in the town centre close to major retailers, close to the popular beach, transport links and within minutes of Arbroath Abbey and Visitor Centre.

*** POTENTIALLY HIGH YIELDING INVESTMENT *** Realistic monthly rental of £650pcm giving an annual income of £7,800 which gives an EXCELLENT YIELD OF APPROX 20% if achieved for opening bid price.

Arbroath on the North East coast just a short distance from Dundee, with many historic attractions and a picturesque harbour. Property next to the beautiful Victoria Park and a short walk to the beach

***SUPERB COMMERCIAL INVESTMENT OPPORTUNITY*** Retail Unit EXCELLENT POSITION on ARBROATH High Street, Excellent investment opportunity, a great trading position. Realistic Rental income of up-to £7800pa. POTENTIAL HIGH YIELD. Located in excellent trading position in the heart of the popular costal town of Arbroath. HIGH DEMAND for property of this type in excellent trading spot. TERRIFIC RENTAL PROPERTY WITH Previous RENTAL of £5,400 per annum. May be suitable for multiple uses Retail/office EXCELLENT LOCATION with highly visible frontage onto busy main street. REALISTIC POTENTIAL RENTAL OF up to £7,800 per annum. SUPER SIZE AND LOCATION in the town centre close to major retailers, close to the popular beach, transport links and within minutes of Arbroath Abbey and Visitor Centre. *** POTENTIALLY HIGH YIELDING INVESTMENT *** Realistic monthly rental of £650pcm giving an annual income of £7,800 which gives an EXCELLENT YIELD OF APPROX 20% if achieved for the guide price. Potential to increase yield

Arbroath on the North East coast just a short distance from Dundee, with many historic attractions and a picturesque harbour. Property next to the beautiful Victoria Park and a short walk to the beach. This property is only 30 minutes drive from Dundee and is only 15 minutes by train. Arbroath offers a diverse range of shops, bars and restaurants, with the famous Arbroath smokies available on the beachfront, which are renowned throughout Scotland. With Aberdeen just over an hour away, tenants are likely to work in the fishing, oil and services industry. For the family there are good primary and secondary schools along with Angus College Further Education Institute. Business people have discovered that Arbroath is ideal for commuting to Dundee providing access to main A90 road north and south. The town has excellent sports and leisure facilities, complemented with many local clubs, golf, tennis, football, rugby and bowls are all available.

Full Address: 273 High Street, Arbroath, DD11 1EE

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Pricing Information & Bidding

Guide Price: £53,000


What is a Guide Price... Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change prior to the auction.

Offer Now... You may submit an offer now on this property for the owner to consider ahead of the set auction. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 09 May 2024, 3pm
Type: Deadline for Offers

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