Commercial Property in Forfar available for sale
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Commercial Properties for Sale in Forfar

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Find commerical property for sale in Forfar that meets your business or investment goals

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More details for 88 Castle St, Forfar - Retail for Sale

88 Castle St

Forfar, DD8 3AA

  • Retail for Sale
  • £120,000
  • 1,200 sq ft
  • Security System
  • 24 Hour Access

Forfar Retail for Sale

Well-Established, Profitable & Popular Coffee Shop Fully Fitted, Turnkey Condition Ready to Operate Prominent Town Centre Location Benefits from 100% Small Business Rates Relief Extending to c.64.70 Sq M (696.42 Sq Ft) Purdy's Coffee House is located within the town centre of Forfar, ideally located 17 miles north of Dundee and 32 miles south of Aberdeen. The coffee shop is well-known and popular throughout the town, offering a fantastic menu of fully homemade food. Including soup, paninis and toasties as well as a selection of traybakes, cakes, scones and pancakes. The seller has successfully owned and operated the coffee shop for 18 years and has made the decision to move forward with different business prospects. The availability of Purdy's Coffee House offers a buyer the potential to acquire and established and profitable town centre business. We have been advised that the seller would stay on for a short period to assist the new owner with the transition. The premises comprises a ground floor coffee shop within a 2-storey plus attic traditional tenement with glazed frontage with access directly on street via single glazed timber frame door. Internally the coffee shop is fitted out to a good standard offering 45 covers total. Within the main seating areas there is the service counter with food preparation (kitchenette style). There is also customer and staff WCs as well as a range of stores. Internally the shop's accommodation is laid out over ground floor and can be summarised as follows: - The entrance vestibule/hallway leads into, Front Shop Open Plan Main Coffee Shop Seating Area Service Counter with Food Preparation (Kitchenette Style) SERVICES Mains electricity, gas, water and drainage. Gas fired central heating. Offers Around £120,000 for the the heritable (freehold) interest in the property, the trade fixtures, fittings and equipment, together with the goodwill of the business, which is to be sold complete as a going concern. Stock in trade to be purchased at an additional price at valuation on the date of entry.

Contact:

Graham & Sibbald

Property Subtype:

Shopfront Retail / Residential

Date on Market:

01/07/2025
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More details for 82 Castle St, Forfar - Retail for Sale

82 Castle St

Forfar, DD8 3AA

  • Retail for Sale
  • Price Upon Request
  • 479 sq ft
  • 24 Hour Access

Forfar Retail for Sale

The subjects comprise a ground floor retail unit contained within a two storey plus attic, traditional stone constructed mid terraced tenement under a pitched and slated roof. The subjects comprise an attractive main retail area accessed via a glazed pedestrian door directly from Castle Street. Towards the rear of the property provides staff and storage facilities as well as a kitchen and WC. The subjects may suit a variety of commercial uses, subject to necessary planning consents.

Contact:

Graham & Sibbald

Property Subtype:

Shopfront Retail / Residential

Date on Market:

09/09/2024
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LoopNet UK Angus Commercial Properties For Sale in Forfar, UK

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FAQs About Commercial Property For Sale in Forfar

See All Properties For Sale
How many commercial properties are currently available for sale in Forfar?
There are currently 7 commercial properties available for sale. Sizes range from 479 sq ft to 3,298 sq ft, with an average size of 1,873 sq ft. Available opportunities may include offices, retail premises, industrial properties, mixed-use assets and development sites.
How much does commercial property cost in Forfar?
The average asking price is approximately £63 per sq ft, with prices ranging from £35 to £101 per sq ft. Property values will vary depending on location, size, condition, tenant status and market demand.
What factors influence commercial property values?
Property values can be affected by location, building quality, asset size, lease terms, tenant covenant strength, redevelopment potential and local market conditions. For investment properties, income generation and yield are also important considerations.
What types of commercial property are available to buy?
The market may include offices, retail units, industrial properties, warehouses, land, mixed-use buildings and specialist assets. Availability will vary depending on location and current market conditions.
What should I consider before buying commercial property?
Key considerations include location, accessibility, property condition, planning permissions, lease arrangements, operating costs and future growth potential. Buyers should also understand any legal, environmental or structural issues that could affect value or usability.
What is rental yield and why does it matter?
Rental yield measures the income generated by a property relative to its purchase price. Investors often use yield to compare opportunities, although it should be considered alongside factors such as tenant quality, lease length and potential for capital growth.
Can I buy commercial property for my own business?
Yes. Many buyers purchase commercial property to occupy themselves rather than as an investment. Owning premises can provide greater control over operating costs, security of tenure and the potential to benefit from future capital appreciation.
Do I need a commercial mortgage?
Many buyers use commercial finance to fund acquisitions. Deposit requirements, lending terms and borrowing costs vary depending on the property, the buyer's circumstances and the intended use of the asset.
What due diligence should I carry out before buying?
Due diligence typically includes reviewing title documents, planning permissions, leases, service charge information, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What are the risks of buying commercial property?
Potential risks include market fluctuations, vacancy periods, tenant default, maintenance costs, planning restrictions and changes in local demand. Thorough due diligence and effective asset management can help reduce these risks.
Can overseas buyers purchase commercial property in the UK?
Yes. International buyers can purchase commercial property in the UK, although additional legal, tax and regulatory considerations may apply. Professional advice should be obtained before proceeding with a transaction.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax, legal fees, surveys, finance costs, insurance and any refurbishment or fit-out works that may be required.

Discover More Commercial Properties for Sale in the Forfar

Market Overview for Commercial Properties in Forfar

Key information for Commercial Properties investors in Forfar and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Forfar £63 1,873 sq ft
Carnoustie £138 13,241 sq ft
Broughty Ferry £246 20,754 sq ft
Dundee £92 26,568 sq ft
Kirriemuir £65 1,897 sq ft

Rental Price Trends in Forfar

The price per square foot range for Commercial Properties in Forfar and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Forfar £35 £63 £101
Carnoustie £54 £138 £223
Broughty Ferry £28 £246 £465
Dundee £9 £92 £465
Kirriemuir £24 £65 £132

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Forfar area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Forfar 479 sq ft 1,873 sq ft 3,298 sq ft
Carnoustie 1,000 sq ft 13,241 sq ft 27,733 sq ft
Broughty Ferry 990 sq ft 20,754 sq ft 74,243 sq ft
Dundee 849 sq ft 26,568 sq ft 193,156 sq ft
Kirriemuir 674 sq ft 1,897 sq ft 3,656 sq ft

You searched for commercial property for sale in Forfar. Explore 7 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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