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Previous Auction Lot

From Auction held in June 2019
Lot 6

MERCAT CROFT, 3 GRAY STREET, COUPAR ANGUS, PH13 9AB

Whole Building, Comprising 3 Flats, plus Additional Accommodation – Refurbishment/Redevelopment Opportunity – Current Income £3,600 p.a. from Flat 1

Location

Coupar Angus is situated on the Perth to Forfar A94 lying some 14 miles northwest of Dundee and 14 miles northeast of Perth. Blairgowrie lies 4 miles to the northwest. A small town in an attractive and rich agricultural area, it lies on the banks of the River Isla and the word “Angus” was added to the settlements name to distinguish it from Cupar in Fife. Coupar Angus provides for local amenities including a Primary School, a variety of shopping, sports facilities and other amenities. A wider range of facilities can be found in Blairgowrie. Gray Street is situated a short distance north of the town centre (George Square/The Cross) and within a couple of minutes’ walk of the town’s shops and amenities.

Description

The property comprises the whole of a midterrace tenement with a generous area of garden ground to the rear. The block is predominately constructed of red sandstone under a pitched slate clad roof. Arranged over 3 floors with unused attic accommodation above, the building currently provides, on ground floor, a 2 room flat and 2 room store (which we understand was once a bank), whilst on both the first and second floors, there are 3 bedroom flats. The building offers an interesting opportunity to refurbish/ renovate the existing accommodation and to redevelop/bring into use, the store and attic space.

Accommodation

Ground Floor - Flat 1:

  • Living room/kitchen - 12’ x 14’6”
  • Bedroom - 9’ x 11’3” and
  • Shower room, with shower, wc and whb.

Store:

  • Front Room 15’ x 15’ 4”
  • Back Room 15’6” x 11’ plus 11’3” x 3’ 6”

First Floor – Flat 2:

  • Hall
  • Living room - 16’9” x 14’7”
  • Bedroom 1 - 14’5” x 11’
  • Bedroom 2 - 12’2” x 6’1”
  • Bedroom 3 - 12’4” x 11’9”
  • Kitchen - 12’1” x 7’6” and Shower room with shower, wc and whb.

Second Floor – Flat 3:

  • Living room - 11’4” x 13’
  • Bedroom 1 - 13’ x12’11”
  • Bedroom 2 - 10’8” x 7’1”
  • Bedroom 3 - 10’9” x 8’5”
  • Kitchen - 16’3” x 12’9” and Bathroom.

Planning

Prospective purchasers are advised to contact Perth and Kinross Council, Pullar House, 35 Kinnoull Street, Perth PH1 5GD Tel: 01738 475300 email: developmentmanagement@pkc.gov.uk for further information.

Council Tax

Flat 1 - Band A, Flats 2 & 3 – Both Band C. Ground floor store premises appears not to be assessed. The building will require re-assessment following any refurbishment/renovation works.

EPC

  • Flat 1 – Band F
  • Flat 2 – Band D
  • Flat 3 – Band G

Tenure

Owner with largely Vacant Possession.

Tenancy

Flat 1 is let under the terms of a Scottish Model Tenancy Agreement at a current rent of £300pcm (£3,600 pa). The agreement commenced in May 2018 and provides for a 3 month notice period. Flats 2 and 3 and the Store are vacant.

Viewing

By arrangement with the Auctioneers, SVA Property Auctions Ltd Tel 0131 624 6640.




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