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125 - 127, High Street, Arbroath, DD11 1DP
1,577 Sq Ft / Other
Withdrawn - Last updated: 23 March 2024
The subjects are centrally located within Arbroath with surrounding occupiers being a mix of local and national occupiers at ground floor and office/residential occupiers on the upper floors.
The subjects comprise a terraced 3 storey and attic building of stone construction with a pitched slate roof over.
The accommodation comprises a restaurant at ground floor which trades as Caffe Barista.
The upper floors are self contained offices which can be separately accessed on a floor-by-floor basis and have
previously benefited from planning consent for conversion to 3 residential flats.
LEASE TERMS
The cafe subjects have been let on full repairing terms trading as Caf Barista- since 2nd June 2008. The tenant has extended his lease for a further 10 years until 2028 with a rent review upcoming in 2023.
The passing rent is currently per annum.
The upper floors are currently let at £XXX per annum until 31st March 2024.
A copy of the lease agreements can be made available to seriously interested parties.
TERMS
Our client is seeking offers for their freehold interest.
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