Property for sale
Key information
Property description & features
- • Prime Property Auctions is excited to present this Large Commercial premises located within a popular location in Kirriemuir - Guide Price £50,000
- • Property is currently let at £850 p/m (£10,200 p/a) which provides a fantastic 20% gross yield if achieved for the guide price of £50,000.
- • Sure to appeal to shrewd commercial Landlords looking for an affordable, high yielding commercial investment.
- • Rare Auction Property. Current rent of £850 p/m includes a contribution towards insurance . Current tenant is on a 30 day rolling contract. Suitable for owner occupiers looking to run the proper
- • Property is located on a busy street in Kirriemuir benefiting from large passing trade
- Prime Property Auctions is excited to present this Large Commercial premises located within a popular location in Kirriemuir - Guide Price £50,000
- Property is currently let at £850 p/m (£10,200 p/a) which provides a fantastic 20% gross yield if achieved for the guide price of £50,000.
- Sure to appeal to shrewd commercial Landlords looking for an affordable, high yielding commercial investment.
- Rare Auction Property. Current rent of £850 p/m includes a contribution towards insurance . Current tenant is on a 30 day rolling contract. Suitable for owner occupiers looking to run the property as a business.
- Property is located on a busy street in Kirriemuir benefiting from large passing trade.
Prime Property Auctions New Entry. Large Commercial premises located in busy Angus Town. Fantastic investment opportunity. Property is currently run as a pub/bar. The property consists of large bar area, private function suit, commercial kitchen, office area, toilets and storage facilities.
This property is sure to appeal to investors looking for a readily let High yielding investment opportunity. Superb rental income of £10,200 per annum currently being achieved. This would generate a gross rental yield of 20% if achieved for the guide price of £50,000.
Property may lend itself for a variety of uses given its size and location. The property could be reopened as a gastro pub , restaurant or events location.
Rare Auction Property. Seller will consider early offers. Property is currently tenanted a 30 day rolling contract with the tenant contributing towards insurance. Potential for owner occupiers to run the property as a business.
Property could potentially be converted into residential subject to researching and gaining the necessary consents.
Property has a Guide price of £50,000 and is sure to appeal to investors looking for a property that they can put their own stamp on.
High yielding investment property. Property would provide a gross yield of 10% if achieved for Guide price of £50,000 .This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer Now” button on our website.
This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
Location
Kirriemuir, situated in the Angus region of Scotland, is a charming town known for its scenic beauty, historical significance, and community atmosphere. Nestled amidst the Angus Glens and the Grampian Mountains, the town offers a picturesque backdrop for outdoor enthusiasts, with opportunities for hiking, cycling, and enjoying nature. Its rich history is evident in attractions like the Kirriemuir Camera Obscura, the Gateway to the Glens Museum, and the childhood home of Sir J.M. Barrie, the author of Peter Pan. The town's small size fosters a strong sense of community, providing residents with a close-knit atmosphere and a more relaxed pace of life. With its quality of life, cultural activities, and proximity to larger cities like Dundee and Aberdeen, Kirriemuir may appeal to those seeking a balance between tranquility and access to amenities
Places of interest
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Property reference 203287293. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions - Glasgow.
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Broadband availability and predicted speed: obtained from Ofcom on March 13, 2024
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 March 13, 2024
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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