Property for sale
Property description & features
- Tenure: Freehold
- Potential rental income of: £5,000 per annum. An incredible yield of 26.3% at guide price
- Vacant commercial unit in Brechin
- Close to nearby amenities
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
To view legal documents for all properties, and to register for our online auctions please visit our website.
Purchases are subject to a Buyer's Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup/Special Conditions in the Legal pack to confirm.
Please note that one of the directors of the vendor is also a director of Online Property Auction Group Ltd.
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 250218. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Online Property Auctions Scotland - Glasgow.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on August 3, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.