The subject property comprises a ground floor commercial unit situated within a larger retail parade with mainly offices and residential uses on the upper levels. The internal accommodation comprises an open plan retail space with additional storage space in the rear section.
Location
Montrose has a population of approximately 16,000 and is located on the East Coast of Scotland within the County of Angus. The town is situated approximately 30 miles north of Dundee and 40 miles south of Aberdeen. Montrose’s significance is enhanced by its location on the A92 as well as its links to the rail network. Montrose is a popular destination for visitors, tourists and businesses.
The subjects are located on the west side of the High Street, in a prime position towards its northern extent between its continuation onto Murray Street to the north and its junction with John Street to the south. The surrounding area comprises predominately commercial uses at ground floor with a mix of ancillary commercial and residential accommodation above. Neighbouring businesses include Thomas Cook, Greggs, Lloyds Bank, Shelter, Original Factory Shop, Nationwide and Savers Health & Beauty.
Accommodation
In accordance with the RICS Code of Measuring Practice (6th Edition), we calculate the net internal area to be:
Gross Frontage - 21’ 2”
Depth - 53’ 6”
Ground Floor Sales - 935 sq ft
Ground Floor Storage - 170 sq ft
Total Ground Floor Area - 1,105 sq ft
Terms
Rent
Offers in the region of £XXX pa are invited.
Rating
The subjects are entered on the current Valuation Roll as follows:
Ratable Value £XXX
Commercial rate poundage £XXX
Rates payable (excluding water and sewerage rates) £XXX
Planning
We understand the property benefits from Class 1(Retail) and Class 2 (Office) consents. The premises may also be suitable for restaurant consent (Class 3) subject to a change of planning use.
VAT
Unless otherwise stated all figures, prices etc are quoted exclusive of VAT.
Legal Costs
Each party is responsible for their own legal costs. The incoming tenant is responsible for LBTT, registration dues and any VAT incurred.
Entry
Immediately by agreement.
EPC
The Energy Performance Rating of this building is ‘G’
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