Retail premises for sale in High Street, Brechin DD9, £350,000

350,000.00

Offer Nr.:
59880213
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Central Business Sales
Phone(s):
0131 268 9106

* Large freehold property comprising 4 flats and 2 commercial units
* Investment property - long term leases in place
* Oiro £350, 000
Very rare chance to purchase 4 flats and 2 commercial properties. Excellent
investment opportunity with a high rental yield.
Freehold mixed use property for sale - offers in the region of £350, 000
Ref 1657
Central Business Sales is delighted to offer to the market an extremely rare
opportunity to purchase a freehold category C listed building, comprising 4
flats and 2 commercial units. The property is located in the centre of
Brechin, on the High Street. Brechin is very popular town situated within
Angus and is a short drive from both Aberdeen and Dundee. This is a great
opportunity for an investor with the flats and commercial units all currently
rented out on long term leases. The commercial units occupy the ground floor
with 2 flats on the first floor and a further 2 on the second.
Three of the flats are one bedroom flats with the other flat 2 bedroom. The
current rents range from £300 to £370 per calendar month. The two commercial
units are on long term leases and are fitted out as a beauty salon (approx
35m2, rent £300 per month) and a hot food takeaway (approx 128m2, rent £800
per month).
The whole property is being offered to the market at offers around £350, 000.
This is in line with a recent survey that has been carried out. At present,
the owner is achieving around 9% yield. For further information or to arrange
a viewing please call the office or complete the contact form below.

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