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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Withdrawn - Last updated: 23 March 2024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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