Property for sale in Swan Street, Brechin, Angus DD9, £38,000

38,000.00

Offer Nr.:
66655569
Type of ad:
for Sale
Property type:
Property
Contact name:
Wilsons Auctions
Phone(s):
01294 480041

* Commercial Unit
* Ground Floor Shop Premises
* First Floor Office Space
* Town Centre Location
* Brechin, Angus
* Sold Without Possession
* Estimated Rental Value: £650 pcm
We are delighted to bring to auction this two storey commercial premises
located within the town centre of Brechin, Angus. Being sold without vacant
possession, the ground floor of the property comprises a very generous sized
shop premises which was previously occupied by a vape shop while the first
floor of the property occupies a large office space which with adequate
planning could make for a great residential apartment. This premise could make
great use for multiple high street businesses with its prime location and
large floorplan.
From an investment point of view, this property would look to achieve around
£650 pcm on the rental market which if purchased at its guide price of
£38, 000, would be looking at a investment yield of 20. 5%. These figures could
of course be enhanced depending on the route taken when developing this
property with its versatile nature.
The town of Brechin is around half an hour North of Dundee and just off the
Coast at Montrose. The town has varied amenities with a Tesco express, primary
and secondary school, railway station and Cathedral. Further amenities are
available in the surrounding towns and Dundee city, which is around a half an
hour drive away, making this a popular area for commuters.
For any further enquiries, please contact the Wilsons Auctions Property
Department.

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