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12 East High St 7,396 SF Retail Building Forfar DD8 2EG $120,831 ($16.34/SF)
INVESTMENT HIGHLIGHTS
- Well Presented Unit
- Town Centre
- Optician & Hearing Clinic
EXECUTIVE SUMMARY
The property is held on an F.R.I Lease to Duncan & Todd Ltd expiring 3rd July 2032 with a passing annual rent of £7,500per annum, We understand there are no provisions for tenant break options.
The property comprises ground floor commercial unit set with a larger three story development of traditional sandstone construction surmounted by a pitched roof. The property offers a single display window frontage with partially recessed entrance door accessible from street level. Internally the property offers on open plan retailing space with partitions erected to form private consultation room and WC facility to the rear.
The property comprises ground floor commercial unit set with a larger three story development of traditional sandstone construction surmounted by a pitched roof. The property offers a single display window frontage with partially recessed entrance door accessible from street level. Internally the property offers on open plan retailing space with partitions erected to form private consultation room and WC facility to the rear.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Storefront Retail/Office
Building Size
7,396 SF
Building Class
C
Year Built
1850
Price
$120,831
Price Per SF
$16.34
Tenancy
Single
Building Height
3 Stories
Building FAR
4.00
Lot Size
0.04 AC
Frontage
51’ on East High Street
1 1
NEARBY MAJOR RETAILERS
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12 East High St
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