280 High Street comprises a substantial building comprising a ground floor retail unit with return frontage onto James Street. The building is of sandstone construction with a pitched and slated roof. There is an additional office accommodation at first and second floor levels, with the first floor also having a kitchen. Attached and inter-connecting to the rear is two storey accommodation providing further office and additional accommodation.
Location
Arbroath is the largest town in the Angus Council area having a population in the region of 24,000. The town is situated approximately 18 miles north-east of Dundee and 48 miles south-west of Aberdeen on the main A92 trunk road.
The subjects lie on the west side of High Street opposite Arbroath Abbey and benefit from a return frontage onto James Street. Nearby retailers include a mix of local operators including Flynn Russo Solicitor, Best Defence Sports Club, Shack's Hair & Beauty, Angus Country Sports Goods and Dzine Home Furniture.
Accommodation
Ground Floor Sales - 454 sq ft (42.2 sq m)
Ground Floor Office - 655 sq ft (60.8 sq m)
First Floor Office - 564 sq ft (52.4 sq m)
First Floor Kitchen - 110 sq ft (10.2 sq m)
Second Floor Office - 225 sq ft (20.9 sq m)
TOTAL - 2,008 sq ft (186.50 sq m)
Terms
Lease - The subjects are available on a Full Repairing and Insuring lease for a term to be agreed. Rental on application.
Sale - Offers in the region of £XXX are invited
Planning - The subjects benefit from a Class 2 (financial) consent, however are available fo other uses, subject to planning.
Energy Performance Certificate - EPC rating F. A copy of the certificate is available upon request.
Rating - We understand from the Local Assessor's website that the subjects have the following rating assessment:
Rateable Value - £XXX
UBR (2017/2018) - £XXX
Rates Payable - £XXX (exclusive of water/sewage)
Under the Small Business Scheme, properties with a Rateable Value of less than £XXX may qualify for 100% relief on rates payable depending on individual circumstances.
Legal Costs - Each party will be responsible for their own legal costs incurred with an ingoing purchaser/tenant being responsible for any Land & Buildings and Transactional Tax, recording dues and VAT as applicable.
VAT - Unless otherwise stated, all prices, premiums and rents are quoted exclusive of VAT. Any intending purchaser or lessee must satisfy themselves independently as to the incidence of VAT in respect of any transaction.
Specification
- Ground floor retail unit with Class 2 consent
- Extensive rear and upper floor accommodation
- No rates payable, subject to Small Business Scheme
- NIA: 2,000 sq ft (186 sq m)