Arbroath is the largest town in the Angus Council area with a resident population of approximately 25,000.
Arbroath lies circa 16 miles north east of Dundee and 48 miles south of Aberdeen.
The unit offers a prominent corner position at the junction Bridge Street, Keptie Street and West Port.
Nearby retailers are primarily of a local nature giving a “neighbourhood feel”.
The property offers the ground floor within a two storey plus attic building.
The unit offers substantial return frontage.
From our inspection the unit extends to the following areas and dimensions:
Gross Frontage: 11’ 4” (3.45 m²)
Net Frontage: 10’ 5” (3.17 m²)
Net Internal Area: 665 ft² (61.78 m²)
The property is offered to the market on the basis of a new full repairing and insuring lease with rental offers in the region of £6,000 per annum exclusive being sought.
All terms are quoted net of VAT where applicable.
The property is entered int the Valuation Roll as follows:-
Rateable Value (20/21): £2,900
We understand that under current government guidelines retail properties will be rates free until 1st April 2021, thereafter given the Rateable Value, qualifying parties should enjoy 100% rates relief.
A copy of the Certificate can be provided upon request.
Early entry can be facilitated.
Each party to be responsible for their own legal costs, with the ingoing tenant being responsible for LBTT.
To comply with Money Laundering Regulations we are legally required to undertake due diligence on prospective purchasers/tenants which will at a minimum include proof of identity/address and funding. Applicable documentation will therefore be required on agreement of Heads of Terms.
Arrangements to view are strictly through this office.
Sorry, we do not have a brochure for this property.