This property is no longer on the market
2 bedroom property with land
Key information
Property description & features
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Vacant
- AUCTION DATE: 02 November 2023
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)
*SUPERB DEVELOPMENT INVESTMENT OPPORTUNITY* Retail Unit EXCELLENT POSITION on ARBOATH High Street WITH TWO 1 BED FLATS ABOVE. Realistic Rental income of up to £1800pa. POTENTIAL HIGH YIELD. Realistic rent for the two flats and retail unit of up to £1800pcm. This would give an excellent YIELD OF APPROX 15% and a yearly income of £21000 if achieved for guide price (after refurbishment) PROPERTY CONSISTS:- Retail unit on ground floor provides a front shop meeting room, WC, kitchen and store to the rear. Two well laid out one bed flats on 2nd and 3rd floors. Requires refurbishment. GROUND FLOOR RETAIL - 610 SQ FT FIRST, SECOND & ATTIC - 1,878 SQ FT GROUND FLOOR SHOP HIGH STREET LOCATION TWO SELF CONTAINED ONE BED FLATS AT FIRST, SECOND & ATTIC FLOORS MAY SUIT A VARIETY OF COMMERCIAL USES The property comprises a mid-terrace ground floor retail unit with first, second and attic floor flatted accommodation. The building is of stone construction under a pitched and slated roof. There is a single storey brick built extension to the rear under a flat felt roof. Internally, the ground floor provides a front shop with additional meeting room, WC, kitchen and store to the rear, and benefits from an attractive modern retail display frontage to High Street. The upper floors are not currently in use, but each floor provides well laid out one-bedroom flatted accommodation. SUPER SIZE AND LOCATION in the town centre close to major retailers, Ground 56.75Sq.M 610Sq.Ft First 97.00Sq.M 1,044Sq.Ft Second 57.57Sq.M 620Sq.Ft Attic 19.97Sq.M 214Sq.Ft
Auction Details
02 November 2023, 10am-3pm
Timed Online Auction
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Broadband availability and predicted speed: obtained from Ofcom on October 10, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on October 10, 2023
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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