140 East High Street, Forfar, DD8 2ER
- PROPERTY TYPE
Shop
- SIZE
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Key features
- PRIME NEW LISTING. We are excited to present this vacant commercial unit located within a prime location in Forfar.
- With this property having a rateable value of £3,180, it benefits from 100% business rates relief
- This property will benefit from high footfall due to its prime position on Forfar's main street, offering excellent visibility and accessibility to potential clients and customers
- Previously tenanted for £550 PCM (£6,600 P/A), this property could achieve a remarkable 20% yield based on the guide price, presenting a lucrative investment opportunity.
- Having previously operated as a nail salon, this versatile property could lend itself to a wide variety of businesses thanks to its prime location and adaptable layout.
Description
- PRIME NEW LISTING. We are excited to present this vacant commercial unit located within a prime location in Forfar.
- With this property having a rateable value of £3,180, it benefits from 100% business rates relief.
- This property will benefit from high footfall due to its prime position on Forfar's main street, offering excellent visibility and accessibility to potential clients and customers.
- Previously tenanted for £550 PCM (£6,600 P/A), this property could achieve a remarkable 20% yield based on the guide price, presenting a lucrative investment opportunity.
- Having previously operated as a nail salon, this versatile property could lend itself to a wide variety of businesses thanks to its prime location and adaptable layout.
PRIME NEW LISTING. We are excited to present this vacant commercial unit located within prime location in Forfar.
The property comprises a main floor, a separate well-equipped kitchen, a modern bathroom, and an additional flexible room.
This property will benefit from high footfall due to its prime position on Forfar's main street, offering excellent visibility and accessibility to potential clients and customers.
Previously tenanted for £550 PCM (£6,600 P/A), this property could achieve a remarkable 20% yield based on the guide price, presenting a lucrative investment opportunity.
Having previously operated as a nail salon, this versatile property could lend itself to a wide variety of businesses thanks to its prime location and adaptable layout.
The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.
With this property having a rateable value of £3,180, it benefits from 100% business rates relief.
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
Forfar is a charming market town in Angus, Scotland, known for its bustling community and rich history. The town offers excellent transport links and a vibrant local economy, making it an attractive location for businesses and investors alike.
140 East High Street, Forfar, DD8 2ER
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Monifieth Station11.7 miles
About Prime Property Auctions (Scotland) Ltd, Glasgow
100 West Regent Street, Suite 3.02, Glasgow, G2 2QD
Notes
Disclaimer - Property reference 227854697. 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.”