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Description

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

Modern Construction Substantial Retail Premises 22,204sq ft. Prime Town Centre Location WITH Large Frontage. Potential For Sub-Division. Expected Achievable Rent: £80,000pa. Leisure / Office / Health

The property is situated on the south side of East High Street close to its junction with Coutties Wynd within the town of Forfar. This property previously sold for £1,005,000!!! Massive dicsount.

The property comprises a substantial 2 storey commercial development surmounted by a pitched roof with large frontage.

enefitting from rear loading, orations have been erected to secure the loading area with direct access to the sales floor or direct to the upper floor.

Forfar is one of the principle towns within the local authority region of Angus and is situated some 27 km (17 miles) north of Dundee and 84 km (52 miles) south of Aberdeen

The property comprises a substantial 2 storey commercial development surmounted by a pitched roof with large frontage. The property offers a substantial frontage with multiple entry points, internally the space is presented in a good condition with ceramic tile and laminated timber floors with staircases leading to the upper floor with male and female w.c. facilities, stores and tea prep. Benefitting from rear loading, orations have been erected to secure the loading area with direct access to the sales floor or direct to the upper floor. The property could be let as a whole or potential for sub-division to form 4 no individual units comprising; Unit A: 223sqm (2,399sq ft) Unit B: 223sqm (2,399sq ft) Unit C: 294sqm (3,163sq ft) Unit D: 262sqm (2,819sq ft)

The property is situated on the south side of East High Street close to its junction with Coutties Wynd within the town of Forfar. Forfar is one of the principle towns within the local authority region of Angus and is situated some 27 km (17 miles) north of Dundee and 84 km (52 miles) south of Aberdeen, just to the east of the A90 dual carriageway. The town benefits from a residential population of 15,000 people, with a substantial catchment from the neighbouring rural areas. Neighbouring occupiers include R.B.S. Thorntons Solicitors, Sadlers Bakery and residential dwellings.

Full Address: 54-72 East High Street, Forfar, DD8 2EG

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Pricing Information & Bidding

Opening Bid: £360,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

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Offer Now... You may submit an offer now on this property for the owner to consider. 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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SPECIAL Terms of Sale

  • 10% Deposit
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
  • 4 Weeks Completion or Longer By Agreement
  • Contribution to Sellers Costs £1,750 for on time settlement

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

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Buy Now Price = £399,000

Please use our BUY NOW form to secure this property now. Once you submit the form we will send you an invoice and payment details so you can make the necessary deposit payment to proceed with the purchase.

BUY NOW for £399,000 - CLICK HERE

Auction Details

Date & Time: 16 May 2024, 10am-3pm
Type: Timed Online Auction

View Full Auction Catalogue

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