Property

Heavily Discounted Commercial premises in central location within Brechin Town Centre* ASSET MANAGEMENT SALE INSTRUCTION* *Requires internal modernisation & upgrading hence low guide price*

Internally, This well sized property: circa 430 sq ft, Provides a retail / officeSpace to the front with a kitchen and storage to the rear. There is a separate WC also to the rear of the property.

14 St. David St, Brechin Sold £45k (Feb 24)*26-30 Swan St, Brechin Sold £85k (Dec 23)*6 Church St, Brechin Sold £90k (Oct 23)* 10B High St, Brechin Sold £31k (May 23)*113b High St Brechin Sold £51k (Mar 23)*

Expected achievable rental levels of £350 pcm (£4,200 per annum)* Asset Management Opportunity and low entry level property* Ideal Investment opportunity for a Hands On" Property professional* Potential Rental Yield of 40%+*

*THE PROPERTY MUST BE SOLD AT AUCTION*The Guide Price is the Disclosed Reserve for This Property* Great Opportunity at Heavily reduced price*

GUIDE PRICE: £9,500

The Cathedral City of Brechin functions as an employment, commercial and service centre for North Angus and has a resident population of circa 7,500 people. This
commercial premises is circa 430 Sq ft and is being sold with vacant possession.*The subjects are prominently positioned on the main High Street close to the Church Street junction. Surrounding properties are a mix of commercial and residential & a large Council run car park is located a short distance from the property. The property comprises a mid terraced ground floor retail / office unit
forming part of a traditional 3 storey stone built tenement. . Situated between Aberdeen & Dundee the Historic Cathedral City of Brechin benefits from having excellent access to the A90 and is considered a popular commuter district for both of Scotland's third & fourth largest cities. There are fine golf courses at Brechin, Edzell and Montrose and the championship course at Carnoustie. Fishing is available on the nearby South and North Esks. Just inland are the beautiful Angus Glens which offer some of the best hill walking in eastern Scotland, together with skiing at Glenshee.
There are renowned sandy beaches at Lunan Bay and at St Cyrus, which is a nature reserve, as is Montrose Basin. AUCTIONEERS COMMENT: Properties with such low disclosed reserves are very rarely seen these days. This property is sure to attract New & experienced property professionals from throughout the UK

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