Retail premises for sale

Key Points

Description

The premises comprise a ground floor retail unit which forms part of a two storey building of stone wall construction under a pitched and slated roof.

It provides bright and open plan accommodation finished to a modern specification and is arranged to provide a front shop area with kitchen / preparation and toilet facilities to the rear. There is a large display window fronting and a recessed doorway fronting on to High Street.

There is consent for café use, but the property equally lends itself to a wide range of other retail uses.

Location

The property is located on the east side of High Street, adjacent its junctions with James Street and Church Street, within Arbroath Town Centre.

This is an established retail location, located approximately 250 metres north of the start of the prime pedestrianised section of Arbroath town centre.

The town of Arbroath has a population of approximately 23,000, and serves a wider rural catchment area. The premises are located close to Arbroath Abbey, a historic monument and tourist attraction. This is a mixed use area, with surrounding properties including a number of shops, other commercial uses, and residential properties.

Accommodation

We have measured the floor area in accordance with the RICS Code of Measuring Practice to be as follows:

36.14 sq m (389 sq ft)

Price

Offers in excess of £40,000 for the heritable proprietors interest.

Rateable Value

The premises are currently entered in the Valuation Roll with a Rateable Value as follows:-

Shop - £4,350

Qualifying occupiers may benefit from 100% rates relief under the Small Business Bonus Scheme.

Viewing

Strictly by appointment by the sole agents, Westport Property.

Entry Timescale

Immediately following successful conclusion of legals.

VAT

All prices, premiums and rents are quoted exclusive of VAT which may be payable.

Legal Costs

Each party to cover their own legal costs incurred in this transaction.