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212 High Street, Unit 4, Arbroath, Scotland, DD11 1HY

212 High Street, Unit 4, Arbroath, Scotland, DD11 1HY

£130,000
Commercial
About this Property
2023-12-13
130000
Traditional
Commercial
Description

The property comprises a high yielding retail investment in the heart of Arbroath. Arranged across ground and first floors totalling 2,656 sq ft, the property is let in its entirety to Sportswift Limited which is the principal covenant for the High Street brand of Card Factory. The tenant renewed their lease in 2018 a rebased rent of £17,500 per annum for a new five year term expiring 29/12/2028. The lease is on full repairing and insuring terms and includes a tenant break clause in the third year of the term. The property is situated on the pedestrianised High Street of Arbroath, with nearby occupiers including Superdrug, Farmfoods, and Greggs.

Location
More Information
Freehold
High Street
Commercial Property
Planing Authority
Angus
Sold Price History
04 Nov 2021Sold Lot Acuitus£197,500
06 Jul 2023Withdrawn Lot Allsop£140,000
31 Oct 2023Withdrawn Lot Allsop£129,000
21 Mar 2024Withdrawn Lot Allsop£132,500

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