Summary
The subjects comprise the basement, ground, first and attic floors of a traditional sandstone building under a pitched slate roof. The premises are in good order throughout and trade as a Guest House.
The ground floor is laid out to provide 2 letting bedrooms together with a kitchen and breakfast / dining room. The upper floors provide a further 9 letting bedrooms in total, 8 of which have ensuite facilities. The subject also benefit from a large basement which could provide additional refurbishment opportunities in the future.
The premises have full gas fired radiator central heating, full UPVC framed double glazing, and are fitted out with good quality modern bathroom / shower room and ensuite facilities – all in good decorative order.
There is a private tarmac surfaced car park to the front of the premises, accessed off James Street. This car park provides private and secure parking for approximately 7 to 8 vehicles.
Key Points
SUBSTANTIAL GUEST HOUSE11 LETTING BEDROOMSAMPLE CAR PARKING PROVISIONRECENTLY UPGRADEDADDITIONAL BASEMENT AREA WITH POTENTIAL FOR REFURBISHMENTNEW HMO LICENCE GRANTED
Accommodation
The letting bedrooms provide the following number of beds:-
Floor Description
Ground - 2 bedrooms (1 with ensuite facilities, breakfast room / kitchen, utility room, shower room and laundry - 101.2 sq m (1,089 sq ft)
First - 4 bedrooms (3 with ensuite facilities), shower room and store room - 87.7 sq m (944 sq ft)
Attic - 5 bedrooms (all ensuite) and bathroom - 84.4 sq m (908 sq ft)
Total (GIA) - 273.3 sq m (2,941 sq ft)
Price
Purchase offers in excess of £295,000 for the feuhold interest (equivalent to English freehold)will be considered. Further information is available from the marketing agents
VAT
All prices, premiums and rents are quoted exclusive of VAT.
Legal Costs
Each party will be responsible for their own legal costs incurred in this transaction. In the normal manner, the ingoing tenant will be liable for any LBTT, registration dues and VAT thereon.
Council Tax
The entry in the Council Tax Register for the subjects is as follows:-
Towerbank, 9 James Street, Arbroath - Band E
Viewing
For viewings and further information please contact the marketing agents, Westport Property.
Location
The property is located on the north side of James Street, a short distance west of its junction with High Street in Arbroath town centre. James Street is a cul-de-sac, occupied by a range of dwellinghouses, flats, retail premises, an office and a public house.
The premises are located close to Arbroath Abbey, a historic monument and tourist attraction.
Arbroath is the largest town in the Angus area, with a population of circa 23,000. The town has traditionally been noted for its fishing industry and also serves a substantial rural agricultural hinterland. Other notable attractions nearby include Arbroath Abbey and numerous highly regarded golf courses, notably nearby Carnoustie.
The town has a busy and thriving retail centre, principally at nearby High Street.