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20 High St 1,173 sq ft 100% Let Retail Property Montrose DD10 8JL £140,000 (£119.35/sq ft)
INVESTMENT HIGHLIGHTS
- Prominent location
- On street parking
- Double frontage
EXECUTIVE SUMMARY
Investment sale. Business rates relief to qualifying applicants. A post office/convenience shop operator has expanded into this space comprising 1,173 square feet for 10 years with a break option after five years. The starting rent is £9,600/annum but rises to £10,800/annum in the second year and to £12,000/annum from year three onwards.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,173 sq ft
Costar Property Class
B
Year Built
1876
Price
£140,000
Price per sq ft
£119.35
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
4
Plot ratio
0.90
Total Plot Size
0.03 ac
Frontage
31 ft on High Street
AMENITIES
- Security System
- Storage Space
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NEARBY MAJOR RETAILERS
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20 High St
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