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24 High Street, Montrose, DD10 8JL

Offers in Excess of
£145,000

£126.64 per sq ft

Business rates & charges may apply

G M Brown, Glasgow
SIZE AVAILABLE

1,145 sq ft

106 sq m

SECTOR

High street retail property for sale

Key features

  • • Located in heart of Montrose Town Centre
  • • Popular visitor and tourist town
  • Let to established local tenant who upsized in 2020
  • Lease expiry June 2030 – no breaks
  • Passing rent of £14,750 per annum
  • Subjects are elected for VAT, however, anticipated to be treated by way of TOGC
  • Offers over £145,000 = 9.99% NIY

Description

Double fronted ground floor retail premises forming part of a larger building where the upper floors are in residential use.

The tenant undertook substantial internal refurbishment and fit-out works and are fitted out to a very high standard with a series of partitioned rooms with individual sunbeds as well as a beauty room.

The accommodation is complete with WC’s.

Montrose is a popular tourist and visitor destination on the East of Scotland within the Angus Local Authority Region approximately 30 miles north of Dundee and 40 miles south of Aberdeen with a population of approximately 15,570.

More specifically the subjects are situated within the heart of Montrose town centre on the west side of High Street a short distance north of its junction with John Street.

Neighbouring occupiers include William Hill, Shelter, VPZ, Ladbrokes, R Doig & Sons Formalwear, The Original Factory Shop.

Brochures

24 High Street, Montrose, DD10 8JL

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Montrose Station0.1 miles

Notes

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Disclaimer - Property reference 159047-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by G M Brown, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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