Ready-to-run Mediterranean restaurant freehold, equipment included, auction sale at discounted price..
Freehold vacant restaurant on Arbroath High Street
A rare freehold commercial opportunity on Arbroath High Street, previously operated as a Mediterranean restaurant with reported annual turnover in excess of £300,000. The property is offered for immediate auction at a discounted price with all kitchen equipment included, enabling a quick re-open or an investor handover with minimal fit-out time.
The layout includes a dining area, commercial kitchen, four toilets and multiple storage rooms. Located on a busy high street with strong passing trade and nearby residential catchment, the lot could suit owner-operators or investors seeking rental income. The seller indicates potential rental income of £950–£1,000 pcm (circa £11,400–£12,000 pa), equating to an indicative yield around 7.6%–8% at the guide price.
Buyers should note material factors: the property is vacant and will be sold at auction, so sale completion times and warranty are limited. The area is classified as very deprived and local demographics include constrained renters and Eastern European communities, which may affect trading patterns. Broadband speeds are average; mobile signal is excellent. Historic turnover figures are seller-reported and not guaranteed to continue under new ownership.
This is a practical buy for a hands-on operator or a value-driven investor prepared to trade, manage short-term vacancy risk and operate in a challenging local economy. The inclusion of existing commercial equipment reduces initial capital outlay, but prospective purchasers should carry out their own due diligence and condition surveys before bidding.