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Retail / Office To Let / May Sell , High Street, Carnoustie, DD7 6AE

1,087 Sq Ft / Retail

Withdrawn - Last updated: 08 April 2023

The subjects comprise a ground floor newsagent contained within a single storey building of stone construction with flat roof over. Access to the property is via a pedestrian door off the High Street with a second access door (currently blocked) also leading off the High Street. Internally the property is fitted out as a newsagents

Location

Carnoustie is one of the principle towns within the local authority region of Angus and is situated approximately 16 km (10 miles) north east of Dundee and 12 km (7.5 miles) south west of Arbroath. The town has a resident population of approximately 10,500 persons (Source: Angus Council) and sits on the main east coast railway line. Carnoustie is a world famous golf town with the Championship Course forming part of the British Open Circuit. The town attracts high levels of worldwide golf enthusiasts as a result. The subjects are situated on the north side of High Street within the main retailing parade of the town. Surrounding occupiers include Lloyds TSB, Spar, Subway and a number of predominantly local retailers and residential properties.

Accommodation

Ground Floor: Entrance, main retail area, rear storage. side storage with staff area and W.C 101 sq m (1,090 sq ft) The above areas have been calculated on a Net Internal Area basis in accordance with the RICS Code of Measuring Practice (Sixth Edition)

Terms

RATEABLE VALUE The premises have been assessed for rating purposes and are entered in the Valuation Roll for the current year at: Rateable Value: £9,700 The Unified Business Rate for the financial year 2022/2023 is 49.8 pence exclusive of water and sewerage. The property may qualify for Small Business Bonus Scheme providing rates free for qualifying businesses. Parties should make their own enquiries in this regard. Further information can be found at: Small Business Bonus Scheme - mygov.scot”

PROPOSAL The subjects are available to lease on Full Repairing and Insuring Terms for a negotiable term. Rental offers over £10,000 per annum. Alternatively, the owners would consider a sale. Offers over £85,000.

EPC ‘G’

VAT For the avoidance of doubt all prices quoted are exclusive of VAT, which will be charged at the current rate.

LEGAL COSTS Each party to bear their own legal costs in connection with this transaction with the purchaser being responsible for any registration dues and VAT thereon.

MONEY LAUNDERING The money laundering, terrorist financing and transfer of funds (information on the payer) regulations 2017 came into force on the 26th June 2017. This now requires us to conduct due diligence not only on our client but also on any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase, before the transaction can proceed.

 

Specification

  •  SUITABLE FOR A VARIETY OF USES (SUBJECT TO CONSENT) 
  • 100% RATES RELIEF TO QUALIFYING OCCUPANTS
  • SUB DIVISION POSSIBLE 
  • ASKING RENT: OFFERS OVER £10,000 PER ANNUM
  • ASKING PRICE: OFFERS OVER £85,000


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