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Lot 97

Guide Price: £88,000 - Bid Now

14 Market Place, Arbroath, DD11 1HR


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Key Features:

PRIME WALK IN CONDITION TOWN CENTRE 64 COVER RESTAURANT + PUBLIC HOUSE OVER 2,300 SQ FEET over Ground, 1st Floor & Basement ***WALK IN CONDITION*** Fully Fitted - NEXT DOOR TO Wetherspoons with 150 Capacity near The Corn Exchange & Bank of Scotland ---RENTAL POTENTIAL £25,000 P/Annum


  • ***FULLY FITTED READY TO OCCUPY***Fully fitted with CLASS 3 / RESTAURANT CONSENT. TOWNHOUSE STYLE restaurant & bar formed over basement, ground and first floors. Ground floor comprises the main bar / restaurant area offering 20 covers FULLY FITTED tables and chairs + fixed back seating plus a further ground floor bar with a further 20 covers
  • The subjects benefit from dumb waiter from the KITCHEN in the basement to the ground floor bar area. Further seating is available at 1st floor with a further 24 covers available with seating. BASEMENT comprises the main kitchen, customer w/c. facilities and storage
  • SUPER SPOT in Town Centre next door to VERY BUSY WEATHERSPOONS - RENTAL POTENTIAL £25,000 P/A***FULLY FITTED READY TO OCCUPY. Excellent opportunity to purchase a rare heritable public house, prominent & good quality trading location
  • CLASS 3 / RESTAURANT CONSENT. TOWNHOUSE STYLE restaurant & bar formed over basement, ground and first floors


Ownership

Freehold

- Outright ownership of the property and land on which it stands.
Occupation

Vacant

- Full vacant possession offered at time of completion.
Rateable Value

Search Council Records

- Click the above link to search the latest records for this post code. The Scottish Assessors Portal provides Council Tax and Rates for all properties in Scotland.


Full Details:

RARE VACANT 64 COVER FULLY FITTED RESTURANT WITH CLASS 3 CONSENT WITH PUBLIC HOUSE ALSO. Super investment opportunity ideal for rental or owner occupation. ***Rental potential £25,000 p/a*** Next door to very bust 150+ capacity Weatherspoons. PRIME WALK IN CONDITION TOWN CENTRE location over 3 floors. ***WALK IN CONDITION*** Fully Fitted near The Corn Exchange & Bank of Scotland ---RENTAL POTENTIAL £25,000 P/A. ***FULLY FITTED READY TO OCCUPY***Fully fitted with CLASS 3 / RESTAURANT CONSENT. TOWNHOUSE STYLE restaurant & bar formed over basement, ground and first floors. Ground floor comprises the main bar / restaurant area offering 20 covers FULLY FITTED tables and chairs + fixed back seating plus a further ground floor bar with a further 20 covers. The subjects benefit from dumb waiter from the KITCHEN in the basement to the ground floor bar area. Further seating is available at 1st floor with a further 24 covers available with seating. BASEMENT comprises the main kitchen, customer w.c. facilities and storage. SUPER SPOT in Town Centre next door to VERY BUSY WEATHERSPOONS - RENTAL POTENTIAL £25,000 P/A***FULLY FITTED READY TO OCCUPY. Excellent opportunity to purchase a rare heritable public house, prominent & good quality trading location

Guide Price: £88,000 - Bid Now


What is a Guide Price...

Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Unless specified all properties are subject to a Reserve (minimum acceptable price) which we expect will be set no more than 10% above or below the advertised guide.

Bid Now Explained...

You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Map & Location:


SUPER LOCATION in Arbroath with CLASS 3 / RESTAURANT CONSENT on the East Coast of Scotland, 16 miles north east of Dundee. Arbroath is a former royal burgh and the largest town in the council area of Angus in Scotland, with a population of 24,000 persons. Market Place within the commercial hub of the town, in a pedestrianised area off Commerce Street. The subjects are located close to High Street, Arbroath Harbour and adjacent to a Wetherspoons public house. neighbouring occupiers include The Corn Exchange, Bank of Scotland, 121 Dental, Missy Mustards & The Pend Guest House. SUPER SPOT IDEAL FOR INVESTMENT WOULD LET WELL

Viewings:


Open Viewings Scheduled...


  • Wednesday, June 26, 2019  :  4.45pm -> 5.00pm


Internal Open Viewings...


This property may be open for internal viewings at specified times which will be listed on this page when available. You do not need to register to attend these viewings, you can simply turn up as the property will be open during the scheduled times. Our viewing agent will be present to answer any of your questions and provide auction catalogues to viewers.

External Viewings Anytime...


You may view this property externally at any time. Please make sure that if the property is occupied or tenanted that you respect the privacy of the occupants. Additionally we advise that you print a copy of this schedule and take it with you in case of any neighbours questioning you at the property as to your intentions.

Auction Details:



  • Auction Date...

    30 July 2019


  • Start Time...

    7.00pm


  • Auction Location...

  • Glasgow Radisson Hotel

  • 301 Argyle Street, G2 8DL


Directions...

Glasgow Radisson | Edinburgh Marriott


Registration...

You will need to be at the auction prior to the 7.00pm start time in order to register & make your way to the auction room. Bidding registration opens from 6:00pm. You will be required to present Photo ID and provide your contact and solicitor details in order to register.

Legal Packs...

All legal packs will be available for inspection at our offices on the day of the auction and at the auction hall from 6:00pm.

Deposits...

If you are a successful purchaser of a lot then a deposit of 10% (minimum £3,000 or lower if specified) will be required. The deposit is accepted by the following methods:

Deposit Method...

Switch, Debit Card, Credit Card, Cash or Bankers Draft accepted only. Next Day Bank Transfer by prior arrangement only.

How To Bid:


Offer Now...

You may submit an offer now on any of our live properties for the sellers to consider. If they are will are willing to sell you the property now then it is a matter of making the 10% deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Bid Live in Person...

Easily the best method is to attend the auction in person. The Glasgow Radisson is conveniently located in the Glasgow City Centre, a short walk from the Central Train Station and easily accessed from the M8 Motorway. The Edinburgh Marriott Hotel is conveniently located just minutes from Edinburgh Airport and the city centre.

Bid by Phone Live...

If you cant make the auction in person you can still make a live bid by telephone for this property. You will give instruction live over the phone with one of our staff in the room who will bid on your behalf and relay activity in the auction room. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...
Proxy & Phone bidders phone... Download the Telephone Bidders Form

Bid by Proxy... (Ebay Style Highest Bid)

This is another option if you cannot make the auction in person. A Proxy bid is where you will leave your highest maximum bid for the property and the auctioneer will bid on your behalf. You will only ever bid one increment higher than the previous bidder. Proxy bidding rules out any potential issues with telephone reception or nerves regarding bidding in person or by telephone. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...

Proxy & Phone bidders phone... Download the Proxy Bidders Form