Summary
PROPOSED GYM, CAFE / TAKEAWAY & FIRST FLOOR FLAT (2 NO. BED)
Location
The subjects occupy a prominent position on the west side of North Street, close to its junction with Market Street, on the northern outskirts of Forfar Town Centre.
Forfar is an established market town situated in north central Tayside immediately to the east of the A92 Dundee to Aberdeen trunk road, and is approximately 15 miles from Dundee, the principal administrative centre for the area. It has a population in excess of 14,000 people and is an attractive rural town surrounded by rich farmland. It offers excellent amenities including both primary and secondary schooling.
Description
The subjects comprise a mid terraced single storey building of traditional stone construction under a pitched and slated roof with single storey brick extension to the rear.
The property was previously a nightclub venue, however, a planning application has been submitted and subsequently approved to create a new gym / fitness centre and cafe / takeaway at ground floor level and a 2 no. bedroom flat at first floor level.
Accommodation
We have measured the accommodation in accordance with the RICS Code of Measuring Practice (6th Edition) to be as follows:
Floor | Description | sq m | sq ft |
Ground | Gym / Fitness Centre | 292 | 3,143 |
Ground | Cafe / Takeaway | 47 | 506 |
First | 2 bed flat | 85 | 915 |
Total | | 424 | 4,564 |
Terms
The subjects are available to lease on tenants full repairing and insuring terms. Alternatively, our clients may consider offers for the heritable proprietors interest.
Legal Costs
Each party will be responsible for their own legal costs in connection with the above transaction, with the tenant being responsible for any Land & Building Transaction Tax and VAT liability incurred thereon in.
VAT
Unless otherwise stated all prices, premiums and rents are quoted exclusive of VAT which may be payable.
Viewing Arrangements
To arrange a viewing of the subjects please contact the sole marketing agent, Westport Property Ltd.