Neighbouring occupiers include, Clydesdale Bank, Peacocks and Cancer Research
Lot 120
Auction 18th October 2018
Rent £7,800 per Annum Exclusive
Status Withdrawn Prior
Price
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On Behalf of a Major Fund Manager
Property Information
Location
Miles
14 miles north of Dundee
29 miles north-west of Perth
51 miles south of Aberdeen
Roads
A932, B9128, A90
Rail
Arbroath Railway Station
Air
Dundee Airport
Situation
Forfar is a popular market town in the east of Scotland, 14 miles north of Dundee. The property is located in the town centre, on the northern side of Castle Street.
Tenure
Heritable. (Scottish equivalent of Freehold).
Location
Miles
14 miles north of Dundee
29 miles north-west of Perth
51 miles south of Aberdeen
Roads
A932, B9128, A90
Rail
Arbroath Railway Station
Air
Dundee Airport
Situation
Forfar is a popular market town in the east of Scotland, 14 miles north of Dundee. The property is located in the town centre, on the northern side of Castle Street.
Tenure
Heritable. (Scottish equivalent of Freehold).
Description
The property comprises a ground floor retail unit with residential above (in separate ownership). Nearby occupiers include Cancer Research, Nationwide Building Society and
Clydesdale Bank.
VAT
VAT is applicable to this lot.
Viewings
Please contact Mhairi Jarvis on 0131 552 5191.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor retail unit with residential above (in separate ownership). Nearby occupiers include Cancer Research, Nationwide Building Society and
Clydesdale Bank.
VAT
VAT is applicable to this lot.
Viewings
Please contact Mhairi Jarvis on 0131 552 5191.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Review
Ground
Retail
91.04 sq m
INDIVIDUAL t/a Just Ask
10 years from 01/06/2017 until 31/05/2027
£7,800 with fixed increases (1)
01/06/2022
Total
91.04 sq m
(980 sq ft)
£7,800
(1) The lease provides fixed increases to £10,000 p.a. from June 2020 and £12,000 p.a. from June 2021.
