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    Key features

    • To be offered on 5th November 2025
    • Well located on Clerk Street in Brechin town centre
    • Occupiers nearby include Tesco Express and Farmfoods
    • Lease until 2033 (Subject to Option - please see the legal pack)
    • Comprises ground banking hall, meeting and staff rooms at ground floor with further accommodation at first floor totalling 318.94 sqm (3,433 sq ft)
    • VAT is applicable
    • Investment let at £16,000 p.a. (11.63%GIY on Guide Price)

    Description

    The property comprises a Banking hall with ancillary space at ground floor and further accommodation at first floor level.

    Additional information

    Tenure

    Heritable (Scottish equivalent of English freehold)

    Accommodation

    The property is arranged over ground and first floors. The ground floor comprises a banking hall, meeting rooms and staff room with WC facilities. There is further accommodation located on the first floor.

    Tenancy

    The property is let to Cash Access UK Limited (t/a Banking Hub) for 10 years from 24th July 2023 to 23rd July 2033 (subject to option - please see the legal pack)

    Rent

    £16,000 per annum

    Notes

    Joint Auctioneer


    Jas Aujla

    jas@tsapc.co.uk

    07810717229

    Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard. Please refer to the legal pack. Additional charges and fees might be charged by the seller and/or other third parties. You are strongly advised to read the Special Conditions of Sale for the Lot prior to bidding to check for any additional charges and fees.


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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Accommodation / Tenancy Schedule

      Local information

      Brechin is located at the northern border in the region of Angus close to the A90 providing road links north to Aberdeen (40 miles north-east) and Dundee (25 miles south-west). The town has a resident population of approximately 7,000 people and a larger catchment including the town of Montrose of over 28,000 people.


      The subjects are located on the western side of Clerk Street, not far from the junction with Swan Street. Surrounding property uses include office, retail and residential, with national retailers including Farmfoods and Tesco Express located toward the northern end of Clerk Street.

      Transport

      Road - Brechin benefits from good communications with the A90.

      Airport - Aberdeen Airport 42 miles north.

      Train - Brechin Train Station provides services north to Aberdeen and south to Edinburgh.

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums