Tenanted Commercial LOT 32

267 High Street, Arbroath, DD11 1JE
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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted

PRIME COMMERCIAL UNIT located in the High Street, Arbroath. Let investment at £600 per calendar month providing annual income of £7,200. Approx. 995 sq ft. Well maintained unit. FREEHOLD.

COMPRISES:- Ground Floor consisting of portioned front shop, rear shop. kitchen and toilet. Upstairs storage area. Property currently fitted to tenant requirements. In excellent maintained condition.

Could be easily adapted for minimal expense for other commercial use such as a Chiropodist / Chiropractor or general Office space. (Subject to investigating and satisfying planning consents).

*** HIGH YIELDING INVESTMENT *** monthly rental of £600pcm giving an annual income of £7,200 which gives an EXCELLENT YIELD OF APPROX 16% if achieved for opening bid price.

Arbroath on the North East coast just a short distance from Dundee, with many historic attractions and a picturesque harbour. Property next to the beautiful Victoria Park and a short walk to the beach

PRIME COMMERCIAL UNIT located in the High Street, Arbroath. Let investment at £600 per calendar month providing annual income of £7,200. Approx. 995 sq ft. Well maintained unit. FREEHOLD. COMPRISES:- Ground Floor consisting of portioned front shop, rear shop. kitchen and toilet. Upstairs storage area. Property currently fitted to tenant requirements. In excellent maintained condition. Could be easily adapted for minimal expense for other commercial use such as a Chiropodist / Chiropractor or general Office space. (Subject to investigating and satisfying planning consents). *** HIGH YIELDING INVESTMENT *** monthly rental of £600pcm giving an annual income of £7,200 which gives an EXCELLENT YIELD OF APPROX 16% if achieved for opening bid price. Unit has had extensive upgrading completed over the last 5 or 6 years which is currently used as a walk in Tattoo facility. The Toilet has been upgraded 6 years ago.The Kitchen done at same time. There is a small downstairs storage cupboard. The shop is fitted out and ran currently as a Tattoo Shop. The Tennant has looked after the shop very well and added his own refinements which enhances the Shop appeal. The Front Shop has been partitioned so that it acts as a Reception and Waiting Area then Treatment Room behind partition with Sink. Floor has been tiled and in excellent condition. Upper Rear Shop accessed via 3 steps also has Treatment room and again is excellent condition. There is a stairway to upstairs area which is used for storage. Ground Floor - 75.71 sq m - 815 sq ft First Floor - 16.8 sq m - 180 sq ft TOTAL - 92.51 Sq m - 995 sq ft

Arbroath on the North East coast just a short distance from Dundee, with many historic attractions and a picturesque harbour. Property next to the beautiful Victoria Park and a short walk to the beach. This property is only 30 minutes drive from Dundee and is only 15 minutes by train. Arbroath offers a diverse range of shops, bars and restaurants, with the famous Arbroath smokies available on the beachfront, which are renowned throughout Scotland. With Aberdeen just over an hour away, tenants are likely to work in the fishing, oil and services industry. For the family there are good primary and secondary schools along with Angus College Further Education Institute. Business people have discovered that Arbroath is ideal for commuting to Dundee providing access to main A90 road north and south. The town has excellent sports and leisure facilities, complemented with many local clubs, golf, tennis, football, rugby and bowls are all available.

Full Address: 267 High Street, Arbroath, DD11 1JE

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Map & Location

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length:
Rent: £7,200 per year / £600 per month
Yield: 16% (approx)
Tenant: Private Individual
Notes: Rolling 3 month notice.

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Pricing Information & Bidding

Opening Bid: £44,000

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 15 May 2025, 10am-3pm
Type: Timed Online Auction

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