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166 High Street, Montrose, DD10 8JB

901 Sq Ft / Retail / Retail - High Street

Withdrawn - Last updated: 02 February 2022

The subjects comprise a ground floor retail unit with a basement which forms part of a three storey terrace of stone construction under a pitched roof, overlaid in slate. The accommodation includes a main sales area, basement and W.C.

On street parking is available within close proximity to the subjects, together with a number of free local authority car parks.

Neighbouring properties include Yummy, Barnardos, Cancer Research and A Cup Above.

Location

Montrose, with a population of some 13,250 (Angus Council) is one the principal towns within the district of Angus. It is positioned on the north east 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.

Montrose is an important service and employment centre for the north east of Angus and as well as being an attractive place to live, it is a popular destination for visitors, tourists and businesses.

The subjects are located in a secondary High Street area of Montrose facing a busy thoroughfare.

Accommodation

Ground Floor - 455 sq ft

Basement - 446 sq ft

Total - 901 sq ft

Terms

RATEABLE VALUE
The premises have been assessed for rating purposes and are entered in the Valuation Roll for the current year at:

Net and Rateable Value: £7,800.

The Unified Business Rate for the financial year 2016/2017 is 48.4 pence exclusive of water and sewerage.

May qualify for relief under the small business bonus scheme. (up to 100% reduction on properties with a rateable value of under £10,000). Please contact us for further details.

The Proposed Rateable Value for 2017 is £7,700.

PROPOSAL
Our clients wish to let the property at an asking rent of £10,000 per annum, with the terms of the lease being negotiable.

ENERGY PERFORMANCE CERTIFICATE
Awaiting further details.

VAT
For the avoidance of doubt all prices quoted are exclusive of VAT.

LEGAL FEES
Both parties shall be responsible for their own legal costs with the ingoing tenant assuming responsibility for LBTT and registration dues.

PLANNING
We are advised the premises currently benefit from Class 2 (Financial, Professional and Other Services) consent.

All interested parties should make their own inquiries with regard to Angus Council Planning Department to satisfy themselves with regard to the current planning position.

Specification

  • 100% Rates Relief
  • High Street Location
  • Busy Thoroughfare
  • 901 sq.ft. Arranged Over Ground and Basement
  • Good Retail Frontage


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