The subjects comprise a ground floor retail unit forming part of a traditional mid terraced parade. The property is entered through an attractive recessed entrance with glazed windows, leading into the main retail area.
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 located on the pedestrianised section of the High Street with surrounding occupiers including Mackays, Argos, Superdrug, Farmfoods and W H Smith. There is a private car park to the rear and on-street parking is available a short distance away. There are a number of Local Authority operated parking provisions at various points around the town centre
Accommodation
Retail Area, Kitchen, WC 60.2sq m ( 649sq ft)
Terms
EPC Available on request.
RATEABLE VALUE The subjects have been assessed for rating purposes and have been entered in the valuation roll at: Rateable Value - £9,400 The unified business rate for 2020/2021 is XXX. The subjects qualify for 100% rates relief via the Small Business Bonus Scheme.
TERMS The property is available on traditional full repairing and insuring lease terms. Rental offers in excess of £7,500 per annum will be considered. Alternatively a sale may be considered: Asking Price £80,000
VAT VAT will be charged at the current rate.
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
- WELL LOCATED TOWN CENTRE RETAIL UNIT WITH PARKING TO THE REAR
- ADJACENT TO REGIONAL RETAILERS AND NATIONAL OPERATORS INCLUDING BOOTS, ARGOS AND WH SMITH
- 100% RATES RELIEF RENT: £7,500 PER ANNUM
- ASKING PRICE: £80,000