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112 Castle Street, Montrose, DD10 8AX

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£60,000

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Guide Price

£60,000

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Commercial

Vacant

112 Castle Street, Montrose, DD10 8AX

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Rare Commercial Investment Opportunity

Description

  •  PRIME NEW LISTING. We are excited to present this vacant commercial property located within a prime location in Montrose, DD10 8AX.
  • 5, Gibson Place, Montrose, DD10 8HQ sold for £145,000 | 51a, Bridge Street, Montrose, DD10 8AE sold for £117,000
  • For rental purposes, the property could command a rental of between £900 - £1000 per month, offering an excellent gross yield if achieved for the guide price.
  • The property is being offered at a fantastic discount to ensure a quick auction sale, providing a rare investment opportunity for the right buyer.
  • Situated near a whole host of local amenities and facilities, the property's location is ideal for attracting a steady customer base or future tenants.

PRIME NEW LISTING. We are excited to present this vacant commercial property located within a prime location in Montrose, DD10 8AX.

The property comprises a welcoming Chinese takeaway with a spacious waiting area, a well-equipped kitchen, a convenient bathroom, and ample storage space, all designed to cater to business needs effectively.

For rental purposes, the property could command a rental of between £900 - £1000 per month, offering an excellent gross yield if achieved for the guide price.

The property is being offered at a fantastic discount to ensure a quick auction sale, providing a rare investment opportunity for the right buyer.

Situated near a whole host of local amenities and facilities, the property's location is ideal for attracting a steady customer base or future tenants.

The property is being offered at a fantastic discount to ensure a sale. It should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**5, Gibson Place, Montrose, DD10 8HQ sold for £145,000 | 51a, Bridge Street, Montrose, DD10 8AE sold for £117,000**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” 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 is a charming coastal town in Scotland known for its picturesque landscapes and vibrant community spirit. With a variety of local shops, cafes, and cultural attractions, it offers a welcoming environment for both residents and businesses. Its rich history and beautiful surroundings make it a desirable location for investment opportunities.

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Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£12,000

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.