The subject comprises a modern retail unit located at the southern extent of Montrose high street, a prime retail pitch in the town centre. Internally, the property offers an open plan retail area, storage/office space, and WC.
The unit benefits from a modern and attractive display frontage onto the High Street.
On street parking is available to the front of the subjects together with a number of public car parks in the vicinity.
Location
Montrose is located on the North-East Coast of Angus and is an important service and employment centre for North Angus and the southern parts of Aberdeenshire. Montrose is well located with Aberdeen 35 miles to the north, Dundee 30 miles to the south and Forfar 17 miles to the east.
The town sits on the A92 coastal route with links to the A90 trunk road network and is served by the East Coast Railway Line which runs rail services into London (Kings Cross). The town has a population of circa 13,250 (Source: Angus Council) and as well as being an attractive place to live Montrose is also a popular destination for tourists.
Accommodation
37.07 SQ M. (399 SQ FT.)
Terms
Our client is inviting offers in excess of £55,000 for their heritable interest.
TENANCY DETAILS The subject is currently held under a Full Repairing and Insuring Lease with a passing rent of £5,760 per annum until 31st December 2025. The current tenant has expressed interest in continuing their lease should this appeal to potential buyers. Please call for further details.
RATEABLE VALUE The subjects have been accessed for rating purposes and have been entered in the valuation roll at: Rateable Value: £4,550. The Unified Business Rate for 2025/2026 is 49.8p exclusive of water and sewerage. The subjects qualify for 100% rates relief under the Small Business Bonus Scheme.
ENERGY PERFORMANCE CERTIFICATE Awaiting further information.
VAT All figures are quoted exclusive of VAT.
LEGAL COSTS Each party to bear their own legal costs in connection with this transaction.
Specification
- PROMINENT HIGH STREET LOCATION
- SUITABLE FOR A VARIETY OF USES
- ON-STREET PARKING
- 100% RATES RELIEF
- NIA: 37.07 SQ M. (399 SQ FT.)
- OFFERS OVER £55,000