Find out what your property is worth in 60 seconds

Want to make an offer?

Success

Thank you for your offer on 55-57 Dundee Loan, Forfar, DD8 1EA

We will be in touch soon to discuss the next steps

You are making an offer on

55-57 Dundee Loan, Forfar, DD8 1EA

Guide Price

£85,000

Offer details

This value is auto-generated

Personal details
Contact details
Other details

By ticking this box and completing this form you hereby consent for Prime Property Auctions to bid on your behalf in accordance with our Terms and Conditions of Sale. If your offer is successful we will require payment of the necessary reservation deposit by bank transfer for which details and invoice will be provided upon acceptance by the seller.

Please sign below to confirm your offer

Guide Price

£85,000

See how much you could borrow

Commercial

leisure

pub

Vacant

55-57 Dundee Loan, Forfar, DD8 1EA

Rare Commerical Opportunity

Available documents

Request documents

We just need a few details before we can share any documents with you

Contact details

Success

Thank you for your document request for 55-57 Dundee Loan, Forfar, DD8 1EA

We will be in touch soon

Floorplan

View Floorplan

How to buy at auction

We've created a handy video explaining the auction process, what to expect and how to prepare. You can watch it by clicking the link below.

Deadline for offers

3 days left

Description

  • PRIME NEW LISTING. We are excited to present this vacant commercial opportunity located within a prime location in Forfar.

  • **Current Rateable Value £8,100 so would qualify for business rates relief**

  • This property offers a unique opportunity to reopen a long-standing licensed public house that had been tenanted until recently. Currently closed, it can be easily reopened, subject to necessary licensing requirements, presenting an exciting venture for aspiring business owners.

  • The premises boast a potential range of alternative uses, including varied commercial opportunities or conversion into a residential dwelling, subject to planning. This flexibility allows for creative development options to suit a variety of business or personal needs.

  • The Victoria Bar has earned a fantastic reputation for its quality service and community spirit, making it a beloved spot for locals and visitors alike. It offers a warm and inviting ambience with a traditional and cosy atmosphere, providing a comfortable setting for socialising any time of the day.

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

The property comprises a spacious ground floor with a main bar area and a separate games room. It includes facilities with ladies, gents, and disabled toilets. There is also a basement below the bar area, complete with a drinks cellar.

This property offers a unique opportunity to reopen a long-standing licensed public house that had been tenanted until recently. Currently closed, it can be easily reopened, subject to necessary licensing requirements, presenting an exciting venture for aspiring business owners.

The premises boast a potential range of alternative uses, including varied commercial opportunities or conversion into a residential dwelling, subject to planning. This flexibility allows for creative development options to suit a variety of business or personal needs.

The Victoria Bar has earned a fantastic reputation for its quality service and community spirit, making it a beloved spot for locals and visitors alike. It offers a warm and inviting ambience with a traditional and cosy atmosphere, providing a comfortable setting for socialising any time of the day.

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:

**Current Rateable Value £8,100 so would qualify for 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 the heart of Angus, Scotland, known for its historical significance and vibrant community. With its picturesque surroundings and close-knit community, Forfar offers a quaint yet active lifestyle with plenty of amenities and attractions, ideal for residents and visitors alike.

Map

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)

£14,500

Need help funding this purchase?

Finance is available on this property

Get Instant Decision

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.