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Guide Price

£42,000

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4 East High Street, Forfar, DD8 2EG

Commercial

retail

Vacant

excellent Commercial opportunity

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Description

  • PRIME NEW ENTRY. We are excited to present this fantastic commercial opportunity, located within a prime location in Forfar.

  • Sure to appeal to shrewd commercial landlords and business owners looking for a spacious unit in an excellent location. 

  • For rental purposes, the property could potentially achieve £500 - £600 per month (£6,000-£7,200 p/a). This would provide a fantastic yield if achieved for guide price - **HIGH YIELD POTENTIAL**

  • Property benefits from a rateable value of £4,550 p/a, qualifying for 100% relief from small business rates. Property is approximately 94 sqm in size. 

  • Property is situated in a prime high street location in Forfar, benefiting from daily footfall. 

PRIME NEW ENTRY. We are excited to present this fantastic commercial opportunity, located within a prime location in Forfar.

Property Comprises:Main retail area, office space, kitchen, WC, service areas. Property benefits from ample storage throughout. 

Property would lend itself for a number of uses and is sure to appeal to a variety of buyers. Excellent renovation potential for conversion into barber shop, retail store, sunbed shop etc (subject to gaining necessary approvals)

Property has fantastic yield potential. Sure to appeal to shrewd commercial landlords looking for a property in an excellent location.

Property could potentially command a rental of £6,000 - £7,200 p/a. Sure to appeal to shrewd commercial landlords. 

Fantastic opportunity for business owners looking for a large unit they can operate from.

Property is due to go to auction for our upcoming timed online event. Be sure to register to not miss out. Should you wish to make an immediate offer you can do so. Please contact the team to discuss how to make an offer today.

Location

Forfar is the county town of Angus, offering a blend of small-town community life, historic character, and practical affordability. Known for landmarks such as Forfar Loch Country Park and its famous Forfar Bridie, the town provides access to outdoor recreation while remaining well connected to larger employment centres including Dundee and Aberdeen. People are often attracted to Forfar for its relatively affordable housing compared with Scotland’s larger cities, good local schools, and strong sense of community. From an investment perspective, the town benefits from demand for family housing, its strategic location along key transport routes in eastern Scotland, and ongoing interest from buyers seeking more space and value outside major urban areas. While property growth is typically steadier than in larger cities, investors may find opportunities in residential rentals, family homes, and properties serving commuters who work across the wider Angus and Tayside region. 

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Deposit & Fee Calculator

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

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.