The subjects comprise a ground floor retail unit forming part of a traditional 3 storey and attic town centre building extended to the rear. The main walls are of a stone construction whilst the roof is of pitched timber construction laid in slate. Floors are a mix of suspended timber and solid construction.
Location
Arbroath is positioned on the north-east coast of Scotland approximately 29 km (18 miles) north-east of Dundee, within the Local Authority region of Angus. The town, which is the largest of the Angus towns, has a resident population of some 23,500 persons (Source: Angus Council).
The property is positioned on the east side of High Street a short distance south of the prime/pedestrianised section of the shopping thoroughfare. Neighbouring occupiers include Pert (House Furnishers), Well (Pharmacy), Thorntons and Blackadders (Solicitors) and national multiples in close proximity include Boots and Santander amongst others. On-street parking is available a short distance away although there are a number of Local Authority operated parking provisions at various points around the town centre.
Accommodation
Ground 70.25sq m ( 756 sq ft )
First 16.65 sq m (179sq ft )
TOTAL 86.9 sq m (935 sq ft )
Terms
RATEABLE VALUE The subjects have been assessed for rating purposes and have been entered in the valuation roll at: Rateable Value - £7,000. The unified business rate for 2020/2021 is XXX. The subjects qualify for 100% rates relief via the Small Business Bonus Scheme.
LEASE TERMS The property is available on traditional full repairing and insuring lease terms. Rental offers in excess of £8,000 per annum will be considered.
VAT VAT is not currently charged.
LEGAL COSTS Each party to bear their own legal costs in connection with this transaction with the ingoing tenant being responsible for any registration dues and VAT thereon.
Specification
- ADJACENT TO REGIONAL RETAILERS AND SERVICE PROVIDERS INCLUDING NICKEL & DIME AND NATIONAL OPERATORS INCLUDING BOOTS AND SANTANDER
- MAIN AND SECONDARY RETAIL AREAS WITH FIRST FLOOR STOCK ROOM AND STAFF FACILITIES
- 100% RATES RELIEF
- £8,000 PER ANNUM