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Description

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

Commercial Premises with basement on the outskirts of Brechin with valid premises licence. Former public house (Victoria Bar) located on corner site with excellent display frontage.

PROPERTY CONSISTS: Ground Floor access with main bar area and toilet facilities. Lower functio suite within basement area. Currently operated as a long standing licensed (community pub) public house.

Desirable Location with main road frontage. Sold with Vacant Possession. On Street Parking. HOT FOOD POTENTIAL or POTENTIAL FOR RESIDENTIAL CONVERSION AT GROUND FLOOR or LOWER BASEMENT LEVEL.

Sure to appeal to investors looking for a investment or potential residential conversion (subject to consents) with excellent capital growth and rental yield potential. Freehold Commercial Sale.

Brechin is a popular Angus town boasting a full range of amenities including both primary and secondary schooling, local shopping and frequent public transport links within Angus.

Commercial Premises with Basement on the outskirts of Brechin with valid premises licence. Former public house (Victoria Bar) located within popular residential area on corner site with excellent display frontage. SUPER RENTAL POTENTIAL £15,000 PER ANNUM. Property could be suitable for mixed use retail / coffee shop / beauty / hair dressers and or barbers. The subjects are situated within an established residential area where surrounding properties are of a mixed age and type. All amenities can be found nearby within Brechin town centre. PROPERTY CONSISTS: Ground Floor access with main bar area and toilet facilities. Currently operated as a long standing licensed (community pub) public house. Sold with Vacant Possession. Basement offers function suite or additional storage area. Sure to appeal to investors looking for a investment or potential residential conversion (subject to consents) with excellent capital growth and rental yield potential. Freehold Commercial Sale. Full Address: VICTORIA AND ALBERT BARS 204 MONTROSE STREET BRECHIN, ANGUS, DD9 7DZ. Proprietor: KOOLG LTD Former Tenant: VIKKI2 LTD Rateable Value (RV) - £8,700 per annum. Suitable for full rate relief under small business scheme. To be Sold with full vacant possession.

Brechin sits on the banks of the River South Esk in Angus, and enjoys convenient location just off the main A90 dual carriageway between Dundee to the south and Aberdeen to the north. The town offers a variety of retail and leisure facilities, with a greater range available in nearby Montrose. The nearby A90 makes Brechin ideal for commuters, and train stations are available at Montrose and Laurencekirk, each being less than 12 miles from the property. Brechin is an historic market town, with city status due to it's Cathedral. The town is located in north-east Scotland and lies some 20 miles north-east from Dundee and 40 miles south-west from Aberdeen; the A90 Brechin by-pass allows for ease of commuting to these destinations. There are good local shopping, social and educational facilities within the town with additional services available in Forfar approximately 10 miles south.

Full Address: 204 Montrose Street, Brechin, DD9 7DZ

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Pricing Information & Bidding

Opening Bid: £95,000

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).

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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: 12 December 2024, 10am-3pm
Type: Timed Online Auction

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