The subjects comprise a mid terraced retail unit contained within a terrace of similar units. The property is of brick/block construction held beneath a part pitched and part flat roof.
The property is accessed via a timber and glazed pedestrian entrance door and internally is regular in configuration, suitable for a variety of uses subject to the appropriate planning consents.
The subjects benefit from on-site/dedicated car parking and a pedestrian area immediately outside.
Location
Arbroath is the principle town in Angus with a population of approximately 25,000 and a range of manufacturing, retail and service businesses.
Located on the east coast of Scotland, Arbroath lies some 15 miles north east of Dundee and 48 miles south of Aberdeen. The town is easily accessible thanks to the upgrade of the A92 to dual carriageway and the positioning of its train station on the East Coast Rail Line.
More precisely, the subjects are located within the Timmergreens Shopping Centre situated to the west of Arbroath town centre. Immediate surroundings are a mixture of commercial and residential.
Surrounding occupiers include: Co Op Food Store, RS McColl Newsagent and a number of local operators.
Accommodation
In accordance with the RICS Code of Measuring Practice (6th Edition), we calculate the Gross and Net Internal floor areas of the subjects extends to;
Ground - GIA: 576 sq ft
Ground - NIA: 521 sq ft
Terms
The subjects are offered for lease at a rent in the region £7,800 per annum.
It is anticipated that the lease will be structured on Full Repairing and Insuring Terms for a term to be negotiated.
RATEABLE VALUE
The subjects are currently entered in the Valuation Roll with a Net and Rateable Value of £7,200.
The Unified Business Rate for the financial year 2015/2016 is 48 pence exclusive of water and sewerage rates.
The subjects may qualify for 100% rates relief and interested parties should make their own enquiries in this regard.
EPC
Available from the Sole Letting Agents.
LEGAL COSTS
Each party will be responsible for their own legal costs incurred with this transaction however, for the avoidance of doubt the ingoing tenant shall be liable for LLBT, Extract Copies and VAT thereon.
VAT
All figures are quoted exclusive of VAT however, our client reserves the right to charge VAT if applicable.
Specification
- Popular Retail Parade
- Attractive Glazed Frontage
- On Site Car Parking
- 100% Rates Relief May Apply
- Gia 53.54 Sq M (576 Sq Ft)