>
Property for sale
Ogilvy Bar, 2-4 Lower Roods, Kirriemuir, DD8 4EZ
£45,000
Ogilvy Bar, 2-4 Lower Roods, Kirriemuir, DD8 4EZ
£45,000
Our Summary
- Rare Auction Property
- Fantastic investment opportunity
- This property is sure to appeal to investors looking for a readily let High yielding investment opportunity
- Potential for owner occupiers to run the property as a business
- Property has a Guide price of £50,000 and is sure to appeal to investors looking for a property that they can put their own stamp on
- This property is offered at a fantastic price to ensure an Auction sale
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
Description
Prime Property Auctions presents a rare opportunity to invest in a large commercial property located in a popular area of Kirriemuir, Scotland. The property is currently let at £850 per month, providing a gross yield of 20% if achieved for the guide price of £50,000. The property consists of a large bar area, private function suite, commercial kitchen, office space, toilets, and storage facilities, and has the potential to be reopened as a gastro pub, restaurant, or events location. The seller is willing to consider early offers, and the property could potentially be converted into residential subject to necessary consents. With a guide price of £50,000, this high-yielding investment property is sure to appeal to investors looking for a property with potential for growth.