Land for sale

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Land for sale

High Street, Brechin DD9
£56,000

Our Summary

  • *REALISTIC RENT OF £10000 PER ANNUM* *DEVELOPMENT OPPORTUNITY* PROPERTY CONSISTS: Ground Floor with two offices and toilet, 2nd property consists of ground floor area & upstairs area with side room
  • Currently run as a flooring business and second shop is storage *FANTASTIC DEVELOPMENT POTENTIAL* 2nd property could be suitable for conversion back to a flat a mix of commercial residential possible
  • Excellent HIGH STREET location PRIME DEVELOPMENT OPPORTUNITY
  • Potential to convert to residential (subject to gaining necessary consents)
  • Realistic Rental of £10000PA would give & EXCELLENT YIELD OF OVER 11% if achieved for guideAuction Details02 May 2024, 10am-3pm Timed Online AuctionHow to Bid Now Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY
  • Future Property Auctions - Scotland's Largest Land and Property Auction House

Description

This property in the scenic "Cathedral" city of Brechin, Angus, offers enhanced terms with a reduced buyers fee of 3% of the sale price (min. £3250 + VAT). The property consists of two commercial premises and a former flat, with a realistic rental potential of £10,000 per annum. There is also development opportunity, and the property could be suitable for mixed use retail, coffee shop, beauty, hair dressers, or barbers. The property is located in an excellent high street location and offers a prime development opportunity, with potential to convert to residential (subject to gaining necessary consents). The realistic rental yield is over 11%. The property will be auctioned on May 2, 2024, at 10am-3pm through a timed online auction, and interested parties can submit an enquiry or visit the website for full details on how to bid.
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