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264-268 High St 1,404 SF Retail Building Arbroath DD11 1JE $195,291 CAD ($139.10 CAD/SF)



INVESTMENT HIGHLIGHTS
- PRIME NEW LISTING. This rare opportunity to purchase an exceptional vacant commercial property previously as a Mediterranean restaurant.
- Property is located on Arbroath's busy high street benefitting from lots of passing trade and a nearby residential area *PRIME LOCATION*.
- Great opportunity for shrewd investors or owners occupiers looking for an affordable commercial premises with a high turnover potential.
- roperty was operating as a mediterranean restaurant with a yearly turnover of over £300,000 *HIGH TURNOVER OPPORTUNITY*.
- Property is offered at a fantastic discount to ensure auction sale! Fantastic opportunity where all equipment is being left in situ *WALK-IN CONDITION*.
EXECUTIVE SUMMARY
• PRIME NEW LISTING. This rare opportunity to purchase an exceptional vacant commercial property previously as a Mediterranean restaurant
• Property was operating as a mediterranean restaurant with a yearly turnover of over £300,000 *HIGH TURNOVER OPPORTUNITY*
• Property is located on Arbroath’s busy high street benefitting from lots of passing trade and a nearby residential area *PRIME LOCATION*
• Property is offered at a fantastic discount to ensure auction sale! Fantastic opportunity where all equipment is being left in situ *WALK-IN CONDITION*
• Great opportunity for shrewd investors or owners occupiers looking for an affordable commercial premises with a high turnover potential
The owner/occupier is looking to sell the property and the business. Everything seen will be included in the sale as the seller is looking for someone to take over this once thriving restaurant.
A ready to go restaurant with dining area, a commercial kitchen, 4x toilets (customer and staff) and many storage areas.
Property was operating as a as a Mediterranean restaurant with a yearly turnover of over £300,000 a year *HIGH TURNOVER OPPORTUNITY*
Arbroath is a historic coastal town located in Angus, Scotland, known for its rich maritime heritage and significant place in Scottish history. Founded in the 12th century around Arbroath Abbey, the town gained fame as the site where the Declaration of Arbroath was signed in 1320, a document asserting Scotland’s independence that influenced later democratic movements worldwide. Today, Arbroath is renowned for its distinctive culinary contribution, the “Arbroath Smokie,” a type of smoked haddock prepared using traditional methods that date back centuries. The town features a picturesque harbor, dramatic red sandstone cliffs, and maintains its character as a working fishing port while embracing tourism centered on its historical significance and natural beauty along the North Sea coast.
• Property was operating as a mediterranean restaurant with a yearly turnover of over £300,000 *HIGH TURNOVER OPPORTUNITY*
• Property is located on Arbroath’s busy high street benefitting from lots of passing trade and a nearby residential area *PRIME LOCATION*
• Property is offered at a fantastic discount to ensure auction sale! Fantastic opportunity where all equipment is being left in situ *WALK-IN CONDITION*
• Great opportunity for shrewd investors or owners occupiers looking for an affordable commercial premises with a high turnover potential
The owner/occupier is looking to sell the property and the business. Everything seen will be included in the sale as the seller is looking for someone to take over this once thriving restaurant.
A ready to go restaurant with dining area, a commercial kitchen, 4x toilets (customer and staff) and many storage areas.
Property was operating as a as a Mediterranean restaurant with a yearly turnover of over £300,000 a year *HIGH TURNOVER OPPORTUNITY*
Arbroath is a historic coastal town located in Angus, Scotland, known for its rich maritime heritage and significant place in Scottish history. Founded in the 12th century around Arbroath Abbey, the town gained fame as the site where the Declaration of Arbroath was signed in 1320, a document asserting Scotland’s independence that influenced later democratic movements worldwide. Today, Arbroath is renowned for its distinctive culinary contribution, the “Arbroath Smokie,” a type of smoked haddock prepared using traditional methods that date back centuries. The town features a picturesque harbor, dramatic red sandstone cliffs, and maintains its character as a working fishing port while embracing tourism centered on its historical significance and natural beauty along the North Sea coast.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Furniture, Fixtures and Equipment Included
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,404 SF
Building Class
B
Year Built
1897
Price
$195,291 CAD
Price Per SF
$139.10 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
0.28
Lot Size
0.11 AC
Frontage
38’ on High Street
AMENITIES
- Storage Space
1 1
NEARBY MAJOR RETAILERS
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264-268 High St
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