We are excited to bring to market this excellent Commercial Investment Opportunity located within a prime location in Montrose.
Prime Opportunity for Commercial investors looking for a readily let commercial investment producing an excellent yield.
Property is situated on an attractive main road plot, benefiting from large footfall traffic - PRIME COMMERCIAL INVESTMENT LOCATION
Sure to appeal to investors looking for a high yielding commercial asset.
Location
Montrose, a coastal town in Angus, is popular for its sandy beaches, the wildlife-rich Montrose Basin, and a strong sense of community with festivals and cultural heritage. It offers a quieter lifestyle than cities while still being well-connected by rail to Dundee and Aberdeen, making it attractive to families, retirees, and commuters. Property prices are relatively affordable, offering value and potential for capital growth, while tourism and renewable energy developments create investment opportunities. Though limited in nightlife and some job sectors, Montrose’s mix of natural beauty, history, and improving infrastructure makes it an appealing place to live and invest.
Accommodation
Property comprises: Main retail area, Kitchen & WC
Terms
Guide Price - £39,000
For rental purposes, the property is currently tenanted at £435 p/m (£5,220 p/a). Property could potentially achieve a monthly rent of £500 per month. Excellent 13% yield if achieved for guide price.
Property benefits from rateable value of £1,800, benefiting from small business relief.
Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.
Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.