24 High Street, Montrose, DD10 8JL
1,145 Sq Ft / Retail / General Retail
For Sale
- £145,000.00
Available - Last updated: 18 March 2024
Summary
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.
Key Points
• Located in heart of Montrose Town Centre• Popular visitor and tourist townLet to established local tenant who upsized in 2020Lease expiry June 2030 – no breaksPassing rent of £14,750 per annumSubjects are elected for VAT, however, anticipated to be treated by way of TOGCOffers over £145,000 = 9.99% NIYLocation
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.
Property Quote Price(s)
| Description | Sale type | Guide price | Price type |
| |
For Sale Freehold
|
£145,000.00
| NA |
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