101 - 103, Murray Street , Montrose, DD10 8JQ

LOCATION
Montrose, has a population of circa 13,250 (Source: Angus Council) and is one of the principal
towns positioned on the north east Coast of Scotland, approximately 40 km (30 miles) north of
Dundee and 61 km (38 miles) south of Aberdeen. Montrose is located within the administrative
authority of Angus Council.

The Town sits on the East Coast Railway Line linking London and Aberdeen and connects into the
trunk road network via the A92 coastal tourist route and the A935, Brechin Road.
Montrose is an important employment centre for the north east, providing a busy commercial port
for the oil and gas industry. However, as well as being an attractive place to live, Montrose is also
a popular destination for tourists.

The subject property is positioned on the eastern side of Murray Street, within close proximity to
the High Street. Neighbouring occupiers include Intersport, Bodyworks, The Black Horse, Flair
(Florists), Robert Ritchie Hi-Fi and the YMCA.

DESCRIPTION
Internally, the subject property provides a rectangular shaped retail floor area with ancillary storage
accommodation, commercial kitchen and a W.C. The property benefits from a 3 m (9.8 ft) ceiling
height within the retail area.

The adjoining three bedroom terrace house is arranged over ground, first and attic floors with a
raised ground floor bathroom. The accommodation includes living room, kitchen, dining room
and three double bedrooms. The residential property has recently been
modernised to include a modern bathroom suite.
RATE ABLE 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: £8,200*
The Unified Business Rate for the financial year 2015/2016 is 48 pence exclusive
of water and sewerage.

ENERGY PEFORMANCE CERTIFICATE
The commercial premises have a rating of F, whilst the residential premises have a rating of D. The certificates are attached on the website.

PROPOSAL
Our client is seeking to sell the property, as a whole including the residential
premises, with offers being sought in excess of £225,000.

LEGAL COSTS
Both parties shall be responsible for their own legal costs with the ingoing
tenant responsible for any stamp duties (SDLT) and registration dues etc.

VAT
Prices are quoted exclusive of VAT (if applicable).

VIEWING
Strictly by appointment only with the selling agents:

Lesley Dryden
l.dryden@shepherd.co.uk

Scott Robertson
s.robertson@shepherd.co.uk

J & E Shepherd
Chartered Surveyors
13 Albert Square
Dundee
DD1 1XA

Telephone: 01382 878005
Fax: 01382 878009
Website: www.shepherd.co.uk

PUBLICATION DATE :
July 2015.