80 Castle Street Forfar Angus DD8 3AA

80 Castle Street
Forfar
Angus
DD8 3AA

  • 80 Castle Street<br>Forfar<br>Angus<br>DD8 3AA

Heritable Retail Opportunity

  • Popular market town
  • Located on the principal retailing street
  • Let to an individual, trading as Castle Nail Bar, until September 2024
  • Nearby occupiers include Clydesdale Bank, Peacocks and Cancer Research
  • Lot
    47
  • Auction
    12/Jul/2022
  • Rent
    £7,000 per Annum Exclusive
  • Status
    Available
  • Price*
    £50,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
  • On Behalf of a Major Fund Manager
Important Update
  • Expand
  • Photos
  • Map

* More information on the term "price" can be found here

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. Nearby occupiers include Cancer Research, Nationwide Building Society and Clydesdale Bank.

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. Nearby occupiers include Cancer Research, Nationwide Building Society and Clydesdale Bank.

Tenure

Heritable. (Scottish equivalent of Freehold).

Description

The property comprises a ground floor retail unit which is part of a larger building (the upper floors held under separate ownership)

VAT

VAT is applicable to this lot.

Viewings

Please contact Mhairi Archibald on 07718 899341.

Completion Period

6 week completion

EPC

See legal pack

Description

The property comprises a ground floor retail unit which is part of a larger building (the upper floors held under separate ownership)

VAT

VAT is applicable to this lot.

Viewings

Please contact Mhairi Archibald on 07718 899341.

Completion Period

6 week completion

EPC

See legal pack

Tenancy & Accommodation

Floor Use Floor Areas
Approx sq m
Floor Areas
Approx sq ft
Tenant Term Rent p.a.x. Rent Review (Reversion)
Ground Retail
91.04
(980)
An Individual (1) (t/a Castle Nail Bar) Five years from 02/09/2019 until 01/09/2024
£7,000
(01/09/2024)
Total  
91.04
(980)
   
£7,000
 

(1) The tenant is Quan Nguyen. A deposit sum of £1,750 is held by the landlord.

If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    30.06.22
    File Size
    2 MB
    Login to View
  • Brochure
    Updated Date
    22.06.22
    File Size
    1 MB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Mhairi ArchibaldMhairi Archibald +44 (0)7718 899 341 Mhairi.archibald@acuitus.co.uk
Jon SkerryJon Skerry +44 (0)20 7034 4863 +44 (0)7736 300 594jon.skerry@acuitus.co.uk
Seller's Solicitors
DWF LLP No. 2 Lochrin Square, 96 Fountainbridge
Edinburgh
EH3 9QA
Iain Mclean 0131 474 2320iain.mclean@dwf.law

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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