Heritable Retail Investment
Heritable Retail Investment
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.
Heritable. (Scottish equivalent of Freehold).
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.
Heritable. (Scottish equivalent of Freehold).
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 is applicable to this lot.
Please contact Mhairi Jarvis on 0131 552 5191.
The EPC will be available to view online in the solicitor’s legal pack.
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 is applicable to this lot.
Please contact Mhairi Jarvis on 0131 552 5191.
The EPC will be available to view online in the solicitor’s legal pack.
| 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.
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