Vacant Commercial Property LOT 147

14 Market Place, Arbroath , DD11 1HR
OPENING BID

Timed Online Auction

21 October 2021, 10am-3pm

Bidding Closes in

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  • TypeCommercial
  • Ownership Freehold
  • Occupation Vacant
  • Rateable Value Search SAA

Description

Full Address: 14 Market Place, Arbroath , DD11 1HR

TOWNHOUSE STYLE restaurant and bar in busy Arbroath Town Centre location. Approx. 2,300 SQ FEET. Rental potential of 15,000 Per Annum. EXCELLENT TRADING LOCATION.

PRIME Town Centre Bar and Restaurant split over basement, ground and first floors. Internally comprises the main bar / restaurant area, main kitchen, customer w.c. facilities and storage.

REALISTIC RENTAL POTENTIAL OF UPTO 15,000 PER ANNUM in high demand rental location. OVER 15% YIELD at current guide price. Ideal spot in HIGH PASSING TRADE location.

Located on Market Place within the commercial hub of the town, in a pedestrianised area off Commerce Street. Close to the High Street and Arbroath Harbour.

SUPER SPOT IDEAL FOR INVESTMENT. Nearby occupiers include Bank of Scotland, Lidl, Argos, Greggs and Lloyds Pharmacy. Prominent and good quality trading location.

TOWNHOUSE STYLE restaurant and bar in busy Arbroath Town Centre location. Approx. 2,300 SQ FEET. Rental potential of 15,000 Per Annum. EXCELLENT TRADING LOCATION. Located on Market Place within the commercial hub of the town, in a pedestrianised area off Commerce Street. Close to the High Street and Arbroath Harbour. TOWNHOUSE STYLE restaurant & bar split over basement, ground and first floors. Internally comprises the main bar / restaurant area, main kitchen, customer w.c. facilities and storage. Owner occupier opportunity. Property will be sold with vacant possession. REALISTIC RENTAL POTENTIAL OF UPTO 15,000 PER ANNUM in high demand rental location. OVER 15% YIELD at current guide price. Nearby occupiers include Bank of Scotland, Lidl, Argos, Greggs and Lloyds Pharmacy. Prominent and good quality trading location. SUPER LOCATION in Arbroath on the East Coast of Scotland, 16 miles north east of Dundee. Arbroath is a former royal burgh and the largest town in the council area of Angus in Scotland, with a population of 24,000 persons.

SUPER LOCATION in Arbroath on the East Coast of Scotland, 16 miles north east of Dundee. Arbroath is a former royal burgh and the largest town in the council area of Angus in Scotland, with a population of 24,000 persons. Located on Market Place within the commercial hub of the town, in a pedestrianised area off Commerce Street. Close to the High Street and Arbroath Harbour.

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Location

Pricing Information & Bidding

Opening Bid: £68,000

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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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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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 2.5% of Sale Price (Minimum £2,500 + vat)

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

Auction Details

Date & Time: 21 October 2021, 10am-3pm
Type: Timed Online Auction

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