Retail premises for sale in High Street, Montrose DD10, £145,000

145,000.00

Offer Nr.:
65473265
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
G M Brown
Phone(s):
0141 376 1318

* Freehold
**Key Points**
* • 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.
**Location**
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.

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