The subjects comprise a modern two storey office building with four private parking spaces within a secure area to the west elevation fronting onto Marketgate.
The offices comprise a mixture of cellular private offices and open plan meeting areas around a full height central opening with timber 'Velux' windows allowing good levels of natural light.
Male, Female and Disabled Toilet facilities and Staff Kitchen areas are provided on both floors of the building.
A passenger lift provides access between floors along with a spiral stair and a fire exit stair which also allows access to the large council operated public car park to the rear.
Location
Arbroath is the largest town in the local authority region of Angus and is positioned on the north-east coast of Scotland approximately 18 miles north-east of Dundee, and 50 miles south of Aberdeen.
The town has a resident population of some 23,500 persons (source: Angus Council) and benefits from good communications, being adjacent to the A92 Dundee to Aberdeen coastal road, as well as having regular mainline rail services from Arbroath Train Station.
The subjects are well located on Marketgate close to the junction with Commerce Street within the town centre of Arbroath.
Surrounding properties contain a mixture of commercial occupiers, banks, professional service providers and other local retail and leisure operators.
Neighbouring occupiers include Lloyds TSB, Bank of Scotland, Royal Bank of Scotland, Salvation Army and Blackadders solicitors along with a number of local traders.
Accommodation
The available accommodation can be summarized as follows;
Ground Floor - 302.78 sq m (3,259 sq ft)
First Floor - 208.54 sq m (2,245 sq ft)
Total - 511.32 sq m (5,504 sq ft)
The foregoing areas have been calculated on the basis of IPMS 3 of the RICS Property Measurement Guidance (1st Edition).
Terms
The entire property is at present let to Angus Council from 15th January 1999 to 13th January 2019 at a current passing rent of £44,000 per annum.
The lease provides for rent reviews every fifth year of the term and contains full repairing and insuring covenants.
Part of the property has been sublet.
Full details are available upon formal request.
Offers over £300,000 are invited for our clients heritable interest.
Please contact Bidwells via email using the form below
Specification
- Office Investment For Sale
- Annual Rental Income - £44,000 per annum
- Let to Angus Council until January 2019
- Modern Office Accommodation
- Private Car Parking
- Offers Over £300,000 Invited