Guide price
£39,000
Retail premises for sale105 Murray Street, Montrose DD10
Just added
Auction
Freehold
About this property
We are excited to bring to market this excellent Commercial Investment Opportunity located within a prime location in Montrose.
Prime Opportunity for Commercial investors looking for a readily let commercial investment producing an excellent yield
For rental purposes, the property is currently tenanted at £435 p/m (£5,220 p/a). Property could potentially achieve a monthly rent of £500 per month. Excellent 13% yield if achieved for guide price.
Property benefits from rateable value of £1,800, benefiting from small business relief.
Property is situated on an attractive main road plot, benefiting from large footfall traffic - ***prime commercial investment location***
- We are excited to bring to market this excellent Commercial Investment Opportunity located within a prime location in Montrose.
- Prime Opportunity for Commercial investors looking for a readily let commercial investment producing an excellent yield.
- For rental purposes, the property is currently tenanted at £435 p/m (£5,220 p/a). Property could potentially achieve a monthly rent of £500 per month. Excellent 13% yield if achieved for guide price.
- Property benefits from rateable value of £1,800, benefiting from small business relief.
- Property is situated on an attractive main road plot, benefiting from large footfall traffic - ***prime commercial investment location***
New Entry. Excellent Commercial Investment Opportunity located within a prime location in Montrose
Property comprises: Main retail area, Kitchen & WC
Property is situated in a main street location benefiting from large daily footfall.
Excellent investment opportunity. Property is readily let and achieving £5,220 p/a.
Prime Opportunity for Commercial investors looking for an affordable commercial investment. Excellent yield if achieved for guide price.
**Property has a rateable value of £1,800**
Sure to appeal to investors looking for a high yielding commercial asset.
This lot is open to immediate offers. Should you wish to offer now, you can do so via our “Make an Offer” button on our website.
This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
Location:
Montrose, a coastal town in Angus, is popular for its sandy beaches, the wildlife-rich Montrose Basin, and a strong sense of community with festivals and cultural heritage. It offers a quieter lifestyle than cities while still being well-connected by rail to Dundee and Aberdeen, making it attractive to families, retirees, and commuters. Property prices are relatively affordable, offering value and potential for capital growth, while tourism and renewable energy developments create investment opportunities. Though limited in nightlife and some job sectors, Montrose's mix of natural beauty, history, and improving infrastructure makes it an appealing place to live and invest.