Heritable Retail Opportunity
Heritable Retail Opportunity
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.
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. Nearby occupiers include Cancer Research, Nationwide Building Society and Clydesdale Bank.
Heritable. (Scottish equivalent of Freehold).
The property comprises a ground floor retail unit which is part of a larger building (the upper floors held under separate ownership)
VAT is applicable to this lot.
Please contact Mhairi Archibald on 07718 899341.
6 week completion
See legal pack
The property comprises a ground floor retail unit which is part of a larger building (the upper floors held under separate ownership)
VAT is applicable to this lot.
Please contact Mhairi Archibald on 07718 899341.
6 week completion
See legal pack
| 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 £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
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