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Investment property with high footfall

Forfar, DD8 - Get Access

1 bath

Description

This vacant commercial unit is located in a prime position on Forfar's main street, offering high footfall, excellent visibility, and accessibility to potential clients and customers. Previously operating as a nail salon, the versatile property could lend itself to a wide variety of businesses thanks to its adaptable layout. The accommodation comprises a main floor, a separate well-equipped kitchen, a modern bathroom, and an additional flexible room. With a rateable value of 3,180 pounds, the property benefits from 100 percent business rates relief. Previously tenanted for 550 pounds PCM (6,600 pounds per annum), it could achieve a remarkable 20 percent yield based on the guide price, presenting a lucrative investment opportunity with excellent upside potential. Forfar is a charming market town in Angus, Scotland, known for its bustling community and rich history, offering excellent transport links and a vibrant local economy that makes it an attractive location for businesses and investors alike.
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