For sale by auction on Thursday, 30 May 2024 at 15:00

Great opportunity to acquire this retail unit on Montrose High Street, including the entire first floor which could be separated to form residential accommodation.

Formerly Clarks Shoes, this excellent retail unit has a double fronted window display and double glass doors onto Montrose High Street. There is space on the ground floor, and stairs lead to the upper level which form the entire first floor of the building, which can also be accessed separately from the communal hallway to the rear. Stairs from the ground floor lead upstairs to the first floor, which has five rooms with windows, one room without a window, two toilets and a small internal kitchen. From the hallway there is a door which opens out into the communal hallway. The first floor has excellent potential to be converted to separate residential accommodation (subject to planning and necessary consents). The subjects qualify for 100% Business Rates Relief.

Please Note - The property is elected for VAT.

Area
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 is an attractive place to live and a popular destination for tourists.

Viewings

Additional Fees
Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of ?3600 inc VAT, payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.