The subjects comprise a ground floor and basement retail unit located on the west side of High Street, a prime retail pitch in Montrose town centre. The unit benefits from a modern and attractive retail display frontage to High Street. Internally, the property offers an open plan retail area, storage, office, staff kitchen and WC. There is additional storage space in the basement. On street parking is available to the front of the subjects together with a number of public car parks in the vicinity.
Location
Montrose, with a population of some 13,250 persons (Angus Council) is one of the principal towns within the Angus region. It is positioned on the northeast coast of Scotland approximately 48 km (30 miles) north of Dundee and 61 km (38 miles) south of Aberdeen.
The town sits on the main east coast national rail network, linking London and Aberdeen and connects into the trunk road network via the A92 coastal tourist route and A935. The property is located on the west side of the High Street, on the prime retail pitch, near the junction with Hume Street. Retail occupiers located nearby include Subway, Nationwide, WH Smith, Specsavers, Scotmid and Boots. There are also a number of charity shops, public houses and coffee shop / restaurants located nearby.
Accommodation
Ground 119 sq m (1,281 sq ft )
Basement 60 sq m (646 sq ft )
Total 179 sq m (1,927 sqft )
Terms
RENTAL TERMS Our clients are seeking offers over £15,000 per annum for a negotiable term of years on a Full Repairing and Insuring basis.
RATEABLE VALUE The premises have been assessed for rating purposes and are entered in the valuation role for the current year at: Rateable Value - £14,600 The Unified Business Rate for the financial year 2024/2025 is 49.8 pence exclusive of water and sewerage.
ENERGY PERFORMANCE CERTIFICATE To be confirmed.
VAT It is assumed VAT is payable on the rent.
LEGAL COSTS Each party to bear their own legal costs in connection with this transaction with the tenant being responsible for any LBTT, registration dues and VAT thereon
Specification
- HIGH STREET LOCATION
- ON STREET PARKING
- NIA: 179 sq m (1,927 sq ft)
- RENTAL OFFERS OVER £15,000 PER ANNUM