140 East High Street, Forfar, DD8 2ER

Description

140 East High Street, Forfar, DD8 2ER

• 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.

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.