Guide Price £18,000.00
Guide Price £18,000
***GOING TO ONLINE AUCTION***
Brighton & Beck offer to online auction an interesting opportunity to acquire this former newsagents occupying a prominent corner position on Keptie Street, Arbroath, offered to auction with an attractive guide price of just £18,000.
The property comprises a large front-facing former retail shop area, previously operating as a newsagents and convenience store, with a small storeroom and WC positioned to the rear. The corner location provides good street frontage and visibility, with the accommodation offering scope for an incoming purchaser to refurbish and reconfigure the premises to suit their requirements.
The property has sustained fire damage and requires a comprehensive programme of refurbishment and repair. Purchasers should therefore satisfy themselves as to the condition of the property, services and any works required prior to bidding. Subject to the necessary permissions and consents, the premises may be suitable for a variety of future commercial uses and could appeal to developers, investors, tradespeople or owner-occupiers looking for a value-add project.
With a guide price of only £18,000, substantial former retail accommodation and a highly visible corner position, this represents an opportunity to acquire a commercial property with considerable potential at an accessible entry level.
Arbroath is a well-established coastal town in Angus, offering a strong mix of local amenities, shops, supermarkets, schools, leisure facilities and services. The town benefits from good road and rail connections, providing convenient access to Dundee, Aberdeen and the wider east coast, while Arbroath railway station offers regular services to key destinations across Scotland. Keptie Street is positioned within an established mixed residential and commercial area, close to the town centre and surrounding local businesses, making the location convenient for both customers and occupiers. With a sizeable local population and a broad range of everyday amenities nearby, Arbroath continues to offer a practical and accessible setting for commercial investment and owner-occupation.
Important Note
The latest published guide price is displayed on the website. The reserve price is the minimum price at which the property may be sold. The guide price represents the minimum price at which the seller may be prepared to sell on the date the guide price is published.
Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted “subject to contract.” The reserve price may be higher than a previously quoted guide price. The guide price will be published online as soon as it becomes available. Lots may be sold or withdrawn prior to the auction.
Auction properties are subject to a buyer’s premium of a minimum of £5,000.00 + VAT (£6,000.00).
Each property listing will state the applicable buyer’s premium. For further information regarding a property’s buyer’s premium or any related fees, please contact a member of the team.
