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£225,000

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36-37 Wharf Street, Montrose, DD10 8BD

Commercial

mixed use

Excellent Mixed-use Opportunity

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How to buy at auction

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Deadline for offers

Today

Description

**Property Address:** Southesk Inn, 36-37 Wharf Street, DD10 8BD

  • PRIME NEW LISTING. We are excited to present this mixed-use flats and pub property located within a prime location in Montrose.

  • Sales Evidence:**Flat 4, 8 Wharf Street sold for £70,000. 29C Wharf Street sold for £106,500.**

  • The top floor flat is on a short-term lease with the potential to include the second-floor flat, subject to obtaining the necessary permissions, offering a great expansion opportunity for investors.

  • The bar has generated a remarkable £23,000 in revenue from January to June this year, highlighting its strong income potential.

  • This is a rare opportunity sure to appeal to shrewd investors looking for a mixed-use, high-yielding investment.

PRIME NEW LISTING. We are excited to present this mixed-use flats and pub property located within a prime location in Montrose.

The property comprises six spacious bedrooms across three floors and features a lively pub on the ground floor.

The top floor flat is on a short-term lease with the potential to include the second-floor flat, subject to obtaining the necessary permissions, offering a great expansion opportunity for investors.

The bar has generated a remarkable £23,000 in revenue from January to June this year, highlighting its strong income potential.

This is a rare opportunity sure to appeal to shrewd investors looking for a mixed-use, high-yielding investment.

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

Excellent sales evidence in the area:

**Flat 4, 8 Wharf Street sold for £70,000. 29C Wharf Street sold for £106,500.**

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 picturesque coastal town renowned for its historic architecture and vibrant community. With a bustling harbour and scenic beaches, it offers the perfect blend of tranquillity and connectivity, making it an attractive location for residents and investors alike.

Map

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)

£30,600

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Virtual Tour

Video Description Play Video: 36-37 Wharf Street, Montrose, DD10 8BD

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.