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28-30 Panmure Street, Brechin, DD9 6AP

Commercial

Vacant

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Attractive Commercial Opportunity

Description

  • PRIME NEW LISTING. We are excited to present this vacant commercial unit located within a prime location in Brechin.
  • Vacant with strong re-letting potential, subject to tenancy and due diligence. **2, Bishop's Close, Brechin DD9 6HH sold for £235,000 in 2025**.
  • Planning permission and building warrant (ref. 24/00663/FULL) are approved for 5 flats, with drawings included and strip-out completed, ready for the next phase.
  • Comparable local values range from £135,000 to £235,000, creating a compelling cash-generating development and resale opportunity.
  • A genuine shovel-ready conversion for investors and developers, with consents, technical documentation and enabling works in place to start quickly.

PRIME NEW LISTING. We are excited to present this vacant commercial unit located within prime location in Brechin.

The building is a former office premises which is now positioned as a ready-to-progress residential conversion, with the approved plans and supporting documentation guiding the next stage of works.

The property is currently vacant. On completion of the proposed residential conversion, the end product is expected to attract strong occupier demand in the local market; any rental assumptions should be verified by the purchaser, subject to tenancy and due diligence. This opportunity also suits an owner-occupier developer seeking a straightforward project with key pre-construction stages already completed.

The property is held on a freehold basis, giving the buyer outright ownership and long-term control over future asset management, refurbishment and disposal strategy.

Planning permission and building warrant (ref. 24/00663/FULL) has been approved by Angus City Council for the change of use and external alterations to former offices to form five residential flats comprising one two-bedroom flat, three further two-bedroom flats and one three-bedroom flat. Full architectural drawings are included, and the internal strip-out has been completed, meaning the site is prepared and ready for the next phase of construction.

Properties in the area are selling for between £135,000 and £235,000, presenting a significant cash-generating opportunity for a buyer who can execute the approved scheme and realise the uplift.

An excellent opportunity for developers or investors seeking a genuine shovel-ready residential conversion, with planning approvals, technical documentation, and enabling works already completed, allowing construction to start.

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.

Excellent sales evidence in the area: **2, Bishop's Close, Brechin DD9 6HH sold for £235,000 in 2025**, **41 43, Union Street, Brechin DD9 6HG sold for £130,000 in 2026**, **9, Latch Road, Brechin DD9 6JF sold for £135,000 in 2025**.

The property extends to approximately 463.42 sq.m. / 4,989 sq.ft, offering substantial floorspace for reconfiguration in line with the consented layout and creating scope for efficient, deliverable residential accommodation.

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.

Brechin is an established Angus town with a compact commercial centre that supports a broad mix of independent retailers, service businesses and professional occupiers, helping underpin consistent local demand. Panmure Street sits close to the town’s key amenities, providing visible positioning and convenient access for customers and contractors. The area benefits from strong road connectivity via the A90, linking efficiently to Dundee and Aberdeen for trade, labour and supply chains, while nearby rail connections in the wider area further support commuting and business travel. With ongoing buyer and occupier interest across the town, Brechin remains a practical base for investment, redevelopment and resale in a proven local market.

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10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£11,000

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Terms of Sale

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