Page 29 - Shepherd Commercial Auctions - Catalogue 22/02/2024

Lot 25 42 Castle Street, Forfar, Angus DD8 3AB Retail Unit
Features
• Prominent town centre location
• Nearby occupiers include Specsavers, Boots and Nationwide
• 100% rates relief available under Small Business Bonus Scheme • 139.30 sq. m. (1,500 sq. ft.)
Description
The subjects comprise ground floor retail premises with first floor storage forming part of a traditional tenement formed in stone and slate.
The property has a traditional retail frontage with single display window and adjacent doorway.
Internally the majority of the floorspace is taken up by the sales area with staff and storage facilities to the rear, there is additional storage space at first floor level.
Location
Forfar is one of the principal towns within the Local Authority region of Angus and is situated some 27 km (17 miles) north of Dundee and 84 km (52 miles) south of Aberdeen, just to the east of the A90 dual carriageway.
The town has a resident population of approximately 14,000 persons (Source: Angus Council).
The subjects are positioned in the heart of the town centre on a busy one-way section of Castle Street.
Surrounding properties are a mix of multi storey town centre buildings with commercial businesses at ground floor level and offices and residential flats on upper floors.
Rateable Value
The property has a rateable value of £7,500.
Energy Performance Rating The property has an energy rating of G.
*Guide Price £60,000 (plus fees if applicable)
* Please see Buyer’s Terms for definition of guide price and auction fees
Auction Type
Unconditional Sale - The buyers fee is 2.4% inc VAT(2% plus VAT) subject to a minimum of £2,400 inc VAT(£2,000 plus VAT).
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