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Lot 10

97 HIGH STREET, CARNOUSTIE, DD7 7EA

Former Bank Premises with Potential for Alternative Use, Income £2000 p.a. from ATM Letting

Location

Carnousite (population circa 11,400) is a pleasant town lying some 11 miles east of Dundee on the Angus coast. There is a good selection of local shops and social and leisure facilities in the area. Carnoustie has a railway station with regular services to Dundee and Aberdeen and it is well placed for access to Broughty Ferry, Arbroath and Dundee via the A92. The property is well served by the local bus route.

The surrounding area is well known for it’s championship golf courses and Carnoustie boasts three links courses. The area is also ideally located for other outdoor activities with Monikie and Crombie Country Parks nearby and the sandy bay offering windsurfing, sailing and fishing. The extensive surrounding residential area provides local trade in this area and other occupiers in the area include Spar, Boots, Subway, a variety of local traders and cafes.

Description

The property comprises the ground floor of a two storey traditional detached building with pitched slate roof. There are flat roof extensions to the west and rear of the main building. There is a small fenced/ walled area lying to north west corner of the building which is included within the area for sale. The car park to the rear is being sold as a separate Lot (see below).The first floor unit is accessed separately, is believed to be in residential use, and does not form part of the subjects of sale.

Internally the accommodation comprises an open plan area, with separate meeting room and office to the rear, strong room, kitchen, two small storage rooms and toilets. The property has recently been decommissioned and part of this work included separating the ATM from the main floor area by way of a Bastion unit which extends when in use for maintenance/servicing. The property benefits from a mix of gas fired and electric storage heaters as well as some air conditioning units, fluorescent recessed lighting and some carpeting. There is some restricted on street parking available as well as public car parks nearby.

This is a well placed unit within a busy area and provides an opportunity for office or retail or may be suitable for alternative development subject to obtaining necessary consents.

Accommodation

Open plan office 85.4 sq.m (919 sq.ft)
Meeting Room 5.8 sq.m (62 sq. ft)
Office 15.7 sq.m (169 sq.ft)
Strong Room 13.0 sq.m (140 sq.ft)
Kitchen (at widest points) 10.2 sq.m (110 sq.ft)
ATM Secure area 2.3 sq.m (4.6 sq.m extended) (25 sq.ft)
Total
(excl. toilets/stores/common areas)
approx
132.4 sq.m (1425 sq.ft)

Planning

The property is suitable for office and retail use subject to the restrictions noted below (see Tenure). Alternative uses may be possible and interested parties should make their own enquiries to Angus Council, 26 High Street, Carnoustie DD7 6AP Tel: 03452 777 778.

Rateable Value

£7,500 (from April 2017). The property will require re-assessment to reflect the alterations

arising from the separation works related to the ATM and the resultant changes to the floor space and the potential separation of the car park.

EPC

tbc

Tenancy

ATM: The site of the ATM Bastion unit together with an area immediately to the rear of the unit will be the subject of a new lease to the Royal Bank of Scotland PLC for a term of 5 years at a rent of £2000 p.a. The lease will be subject to a three month rent free period. In addition the Tenants will be granted a Right of Access, at all times, from the front door of the premises, to the ATM Bastion unit for the purposes of servicing it and the tenants will install secure CCTV to monitor the ATM unit. We recommend that interested parties inspect the lease plan which is available from the Seller’s solicitors, DLA Piper Scotland.

Tenure

Owner Vacant Possession with the exception of the ATM letting. The vacant property will be sold subject to certain restrictions preventing the following uses: Businesses involving money lending, pawnbrokers/adult sex shops, bookmakers or other gambling businesses, banks/building societies, bars/public houses, the sale of firearms and the sale of any paraphernalia associated with illegal drugs.

Services

The purchaser will be responsible for the electricity supply. The tenant will make a £300 p.a. payment, for the duration of the tenancy, to the Landlord as a contribution towards the Landlord’s utility costs.

Viewing

Strictly by arrangement with the Auctioneers SVA Property Auctions Ltd: 0131 624 6640.

Joint Auctioneers

GVA (Edinburgh) Tel: 0131 469 6070.




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