Ogilvy Bar, 2-4 Lower Roods, Kirriemuir, DD8 4EZ
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Key features
- • Prime Property Auctions is excited to present this Large Commercial premises located within a popular location in Kirriemuir - Guide Price £50,000
- • Property is currently let at £850 p/m (£10,200 p/a) which provides a fantastic 20% gross yield if achieved for the guide price of £50,000.
- • Sure to appeal to shrewd commercial Landlords looking for an affordable, high yielding commercial investment.
- • Rare Auction Property. Current rent of £850 p/m includes a contribution towards insurance . Current tenant is on a 30 day rolling contract. Suitable for owner occupiers looking to run the proper
- • Property is located on a busy street in Kirriemuir benefiting from large passing trade
Description
- Prime Property Auctions is excited to present this Large Commercial premises located within a popular location in Kirriemuir - Guide Price £50,000
- Property is currently let at £850 p/m (£10,200 p/a) which provides a fantastic 20% gross yield if achieved for the guide price of £50,000.
- Sure to appeal to shrewd commercial Landlords looking for an affordable, high yielding commercial investment.
- Rare Auction Property. Current rent of £850 p/m includes a contribution towards insurance . Current tenant is on a 30 day rolling contract. Suitable for owner occupiers looking to run the property as a business.
- Property is located on a busy street in Kirriemuir benefiting from large passing trade.
Prime Property Auctions New Entry. Large Commercial premises located in busy Angus Town. Fantastic investment opportunity. Property is currently run as a pub/bar. The property consists of large bar area, private function suit, commercial kitchen, office area, toilets and storage facilities.
This property is sure to appeal to investors looking for a readily let High yielding investment opportunity. Superb rental income of £10,200 per annum currently being achieved. This would generate a gross rental yield of 20% if achieved for the guide price of £50,000.
Property may lend itself for a variety of uses given its size and location. The property could be reopened as a gastro pub , restaurant or events location.
Rare Auction Property. Seller will consider early offers. Property is currently tenanted a 30 day rolling contract with the tenant contributing towards insurance. Potential for owner occupiers to run the property as a business.
Property could potentially be converted into residential subject to researching and gaining the necessary consents.
Property has a Guide price of £50,000 and is sure to appeal to investors looking for a property that they can put their own stamp on.
High yielding investment property. Property would provide a gross yield of 10% if achieved for Guide price of £50,000 .This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer Now” button on our website.
This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
Location
Kirriemuir, situated in the Angus region of Scotland, is a charming town known for its scenic beauty, historical significance, and community atmosphere. Nestled amidst the Angus Glens and the Grampian Mountains, the town offers a picturesque backdrop for outdoor enthusiasts, with opportunities for hiking, cycling, and enjoying nature. Its rich history is evident in attractions like the Kirriemuir Camera Obscura, the Gateway to the Glens Museum, and the childhood home of Sir J.M. Barrie, the author of Peter Pan. The town's small size fosters a strong sense of community, providing residents with a close-knit atmosphere and a more relaxed pace of life. With its quality of life, cultural activities, and proximity to larger cities like Dundee and Aberdeen, Kirriemuir may appeal to those seeking a balance between tranquility and access to amenities
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Ogilvy Bar, 2-4 Lower Roods, Kirriemuir, DD8 4EZ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Dundee Station15.1 miles
About the agent
Prime Property Auctions (Scotland) Ltd, Glasgow
126 West Regent Street, Glasgow, G2 2RQ
Prime Property Auctions is an experienced Property Auction Company, Specialising in Investment Property across Scotland. We can help sell your property be it Residential, Commercial or Land. We have cash buyers looking to buy all property types in any condition, offering a Fast Sale Process.
Each Auction offers a variety of properties. Properties are accepted from one of landlord to Private disposals and Corporate Vendors. We are here to help all potential clients. Auctions are a great
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Visit our security centre to find out moreDisclaimer - Property reference 203287293. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions (Scotland) Ltd, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Prime Property Auctions (Scotland) Ltd, Glasgow on 0141 465 5880.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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