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Albert Bar 48 Market St 1,999 sq ft Retail Property Montrose DD10 8RD £175,000 (£87.54/sq ft)
Investment Highlights
- Town centre location
- Category ‘C’ Listed public house
- Public car parking nearby
Executive Summary
Internally the subjectscomprisea traditional bar over the ground floor with a function room (currently used for private functions, bands, concerts and with a kitchen) at first floor level and a basement cellar. In addition to the above there is an attic level store which houses the boiler and IT sound equipment.
The property has received significant investment over the years and would not require any immediate expenditure to grow the business further.
The property has received significant investment over the years and would not require any immediate expenditure to grow the business further.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Property Size
1,999 sq ft
Costar Property Class
C
Year Built
1900
Price
£175,000
Price per sq ft
£87.54
Tenancy
Single
Number of Floors
4
Plot ratio
0.92
Total Plot Size
0.05 ac
Frontage
48 ft on New Wynd
Amenities
- 24 Hour Access
- Mezzanine
- Security System
- EPC - C
- Roller Shutters
- Storage Space
- Smoke Detector
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Albert Bar | 48 Market St
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