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28-30 Panmure St 4,989 sq ft Office Property Brechin DD9 6AP £175,000 (£35.08/sq ft)
Investment Highlights
- Full planning permission for 5 residential flats
- Traditional stone tenement building
- Strong connectivity to Dundee (30 miles) and Aberdeen (40 miles)
- Approved building warrant in place
- Mixed-use surrounding area with residential and commercial occupiers
Executive Summary
The property represents a compelling residential development opportunity within the town centre of Brechin. The existing building has full planning permission and an approved building warrant for conversion into five residential flats, significantly reducing planning risk for investors or developers. Situated in a well-connected location between Dundee and Aberdeen, the asset benefits from proximity to key transport routes, local amenities, and a mix of residential and commercial occupiers. The traditional stone structure offers character and redevelopment potential, making it suitable for repositioning into modern residential units.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Tenure
Freehold
Property Size
4,989 sq ft
Costar Property Class
B
Year Built
1970
Price
£175,000
Price per sq ft
£35.08
Tenancy
Single
Number of Floors
3
Typical Floor Size
1,663 sq ft
Floor To Floor Height
9 ft
Plot ratio
1.81
Total Plot Size
0.06 ac
Amenities
- Kitchen
- Demised WC facilities
- Secure Storage
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28-30 Panmure St
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