Retail Premises For Sale

16A Bank Street, Kirriemuir, Angus, DD8 4BG

  • Size: 361 Sq Ft
  • Property type: Retail
  • Property status: Available

The subjects comprise a retail property on Bank Street within the centre of Kirriemuir between the junctions with High Street and School Wynd. The property forms a traditional retail unit contained within a two-storey property of stone construction with a pitched roof overlaid in slate and part flat roof. Access to the main retail unit, known as 16 A Bank Street, is via a recessed single entrance door

Location

Kirriemuir is a gateway community at the foot of the Angus glens providing a range of services and facilities to the surrounding rural area. The town has a population of circa 6,000 (Source: Angus Council). The subject property is located on Bank Street within the heart of the town centre. On-street parking is available within the immediate vicinity

Accommodation

32.6 SQ M (351 SQ FT)

Terms

CURRENT USE/ALTERNATIVE USES The property is currently utilised as a retail unit contained within class 1A of the town and country (Use Classes) (Scotland) Order 1997. Given the nature of the location and the surrounding uses, the subjects may be suitable for alternative class 2 (professional) or class 3 (café) use, however the upper floors are currently a church which will likely mean a café/takeaway use may be difficult to obtain.

EPC Available on request.

PRICE Offers over £35,000 are invited for the client’s heritable interest.

RATEABLE VALUE The premises have been assessed for rating purposes and are entered in the valuation roll for the current year at: Rateable Value: £ 2,250 The unified business rate for the financial year 2024/2025 is 49.8 pence exclusive of water and sewerage. The property may qualify for the Small Business Bonus Scheme providing rates free for qualifying businesses. Parties should make their own enquiries in this regard. Further information can be found at: small business bonus scheme mygov.Scot”

VAT VAT is payable on the purchase price.

LEGAL COSTS Each party will be responsible for their own legal costs with the ingoing tenant responsible for LBTT and registration dues thereon.

Specification

  • PROMINENT TOWN CENTRE LOCATION
  • ON STREET PARKING
  • 100% RATES RELIEF
  • AVAILABLE TO QUALIFYING APPLICANTS
  • NIA: 32.6 SQ M (351 SQ FT)
  • ASKING PRICE OFFERS OVER £35,000

Property Quote Price(s)

Description Sale type Guide price Price type
For Sale Freehold £35,000.00 NA

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