No longer on the market
This property is no longer on the market
MapProperty
Auction
Property
Features and description
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Tenanted
- AUCTION DATE: 09 May 2024
ENHANCED TERMS OFFERED ON THIS LOT...
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)
* PRIME COMMERCIAL INVESTMENT OPPORTUNITY * Retail unit in the busy seaside town of Arbroath, Angus. Prime position close to busy harbour with lots of passing footfall. Rental income £5200 pa. Rental income of £433 per month, giving an annual income of £5200, this gives an EXCELLENT YIELD OF approx. 12% if achieved for guide price. Tenant located in property for 4 years and happy to stay. PROPERTY CONSISTS OF: main front room, office and rear room, toilet wash basin. Large Double frontage window displays. Located close to busy harbour area, with close by RV £3650 Property has currently been used as a gymnasium, would suit most Retail purposes or my be suitable for cafe/fast food outlet(subject to investigating and gaining necessary consents). PERFECT INVESTMENT PROPERTY Ground Floor Retail/Commercial Unit. Excellent Display Frontage. SUPER SIZE AND LOCATION.
Auction Details
09 May 2024, 3pm
Deadline for Offers
How to Bid Now
Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 400 lots auctioned every 2 weeks including flats, houses, land & commercial.
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)
* PRIME COMMERCIAL INVESTMENT OPPORTUNITY * Retail unit in the busy seaside town of Arbroath, Angus. Prime position close to busy harbour with lots of passing footfall. Rental income £5200 pa. Rental income of £433 per month, giving an annual income of £5200, this gives an EXCELLENT YIELD OF approx. 12% if achieved for guide price. Tenant located in property for 4 years and happy to stay. PROPERTY CONSISTS OF: main front room, office and rear room, toilet wash basin. Large Double frontage window displays. Located close to busy harbour area, with close by RV £3650 Property has currently been used as a gymnasium, would suit most Retail purposes or my be suitable for cafe/fast food outlet(subject to investigating and gaining necessary consents). PERFECT INVESTMENT PROPERTY Ground Floor Retail/Commercial Unit. Excellent Display Frontage. SUPER SIZE AND LOCATION.
Auction Details
09 May 2024, 3pm
Deadline for Offers
How to Bid Now
Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 400 lots auctioned every 2 weeks including flats, houses, land & commercial.
About this agent
We are Scotland's LARGEST dedicated residential and commercial Property Auctioneer. Our regular programme of large scale property auctions feature lots from throughout Scotland and the wider UK as well as regular properties available for purchase by Private Treaty and Tender. Our Auction calendar features both traditional and online property auctions covering the whole of the country. Each Auction offers a mix of Commercial and Residential property as well as land and other development opportunities. Properties are accepted from both Private and Corporate Vendors alike and we welcome enquires from all potential clients. Future Auctions LTD is a Limited Company registered in Scotland with Registration Number 358597. We are a fully indemnified professional limited company regulated by the Property Ombudsman. Our auctioneers are all members of the National Association of Auctioneers and Valuers thus ensuring our strict code of conduct and professionalism.