Page 9 - Shepherd Commercial Auctions - Catalogue 22/02/2024

Lot 5 82 High Street, Montrose, Angus DD10 8JE Retail Unit with First Floor Development Potential
Features
• Formed over ground and first floor
• Potential for first floor residential conversion subject to planning
• 100% rates relief available under Small Business Bonus Scheme • 159.78 sq. m. (1,720 sq. ft.)
Description
The property forms part of a traditional town centre tenement of stone construction with the roof pitched and clad in slate.
The property has a modern retail frontage with twin doorways.
The subjects comprise a an attractive retail unit planned over ground and first floor with sales space at both levels and with stock and staff facilities on the first floor of the building.
There is an internal staircase providing access between floors however the upper floor is also however accessed separately from the staircase in the common close adjacent.
Location
Montrose is located on the North-East coast of Angus and is an important service and employment centre for North Angus and the southern parts of Aberdeenshire.
The town sits on the A92 coastal route with linkages to the A90 trunk road network and is served by the East Coast Railway Line which runs rail services into London (Kings Cross).
The town has a population of circa 13,250 (Source: Angus Council) and as well as being an attractive place to live Montrose is also a popular destination for tourists.
Rateable Value
The property has a rateable value of £9,900
Energy Performance Rating The property has an energy rating of E.
*Guide Price £70,000 plus VAT (plus fees if applicable)
* Please see Buyer’s Terms for definition of guide price and auction fees
Auction Type
Unconditional Sale - The buyers fee is 2.4% inc VAT(2% plus VAT) subject to a minimum of £2,400 inc VAT(£2,000 plus VAT).
9