1 Kirk Square, Let Optician Investment, Arbroath , DD11 1DX
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Read more Read moretatus: Available Type: Commercial Ownership: Freehold Occupation: Tenanted Rateable Value: Search INCOME PRODUCING INVESTMENT***Prominent town centre location providing £5,000 per annum. Approx. 460 sq ft. mid terrace ground floor commercial unit. VAT FREE purchase Tenant: Duncan & Todd Expiry: 03/07/2032 Passing Rent: £5,000p.a.x.
Scope for rental growth at rent review Market rent is £7500-8500 PA There are rent reviews options contained within the occupational leases which provide the potential to increase the current passing rentals. Further information is available on request. *** HIGH YIELDING INVESTMENT *** monthly rental of £417pcm giving an annual income of £5,000 which gives an EXCELLENT YIELD OF APPROX 9.6% 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. INCOME PRODUCING INVESTMENTProminent town centre location Let investment at £417 per calendar month providing annual income of £5,000. Approx. 460 sq ft. Well maintained unit. Tenant: Duncan & Todd Expiry: 03/07/2032 Passing Rent: £5,000p.a.x. The units is situated within a prominent location in the town centre. There are rent reviews options contained within the occupational leases which provide the potential to increase the current passing rentals. Further information is available on request. *** HIGH YIELDING INVESTMENT *** monthly rental of £417pcm giving an annual income of £5,000 which gives an EXCELLENT YIELD OF APPROX 9.6% 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. Kirk Square lies right off the High Street, close to iconic Arbroath Abbey, with a mix of historic architecture and community spaces and lined with independent retailers, including opticians and local cafés/restaurants on the south side.
Arbroath is a charming seaside town in Angus, nestled on Scotland’s North Sea coast, known for its historic roots, vibrant community, and distinctive coastal lifestyle. Full Address: 1 Kirk Square, Let Optician Investment, Arbroath , DD11 1DX
