77 - 79 Murray Street Montrose Angus DD10 8JZ

  • 77 - 79 Murray Street<br>Montrose<br>Angus<br>DD10 8JZ

77 - 79 Murray Street
Montrose
Angus
DD10 8JZ

Heritable Retail Investment

  • Prominent town centre location
  • Within close proximity to town centre car parking and Montrose Railway Station
  • Nearby High Street occupiers include Boots the Chemist, Lloyds Pharmacy, Savers, WH Smith and Ladbrokes
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    64
  • Auction
    25th May 2017
  • Rent
    £11,500 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price
     
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On Behalf of a Major Fund Manager
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Heritable Retail Investment

  • Prominent town centre location
  • Within close proximity to town centre car parking and Montrose Railway Station
  • Nearby High Street occupiers include Boots the Chemist, Lloyds Pharmacy, Savers, WH Smith and Ladbrokes
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 64
  • Auction 25th May 2017
  • Rent £11,500 per Annum Exclusive
  • Status Withdrawn Post
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On Behalf of a Major Fund Manager

Property Information

Location
Miles
32 miles south of Aberdeen, 38 miles north of Dundee
Roads
A92, A90
Rail
Montrose Railway Station (29 mins to Dundee, 39 mins to Aberdeen)
Air
Dundee Airport
Situation

Montrose is a picturesque coastal resort town situated between Dundee and Aberdeen in the county of Angus. The property is situated on the eastern side of Murray Street, close to the High Street in the heart of Montrose town centre. The property benefits from its proximity to Murray Lane car park which provides town centre car parking for approximately 60 cars. Boots the Chemist, Lloyds Pharmacy, Savers, WH Smith and Ladbrokes are located on the High Street to the south, within a short walk of the property.

Tenure

Heritable. (Scottish equivalent of English Freehold).

Location
Miles
32 miles south of Aberdeen, 38 miles north of Dundee
Roads
A92, A90
Rail
Montrose Railway Station (29 mins to Dundee, 39 mins to Aberdeen)
Air
Dundee Airport
Situation

Montrose is a picturesque coastal resort town situated between Dundee and Aberdeen in the county of Angus. The property is situated on the eastern side of Murray Street, close to the High Street in the heart of Montrose town centre. The property benefits from its proximity to Murray Lane car park which provides town centre car parking for approximately 60 cars. Boots the Chemist, Lloyds Pharmacy, Savers, WH Smith and Ladbrokes are located on the High Street to the south, within a short walk of the property.

Tenure

Heritable. (Scottish equivalent of English Freehold).

Description

The property comprises a ground floor retail unit which forms part of a larger building.

VAT

VAT is applicable to this lot.

Completion Period

Six week completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a ground floor retail unit which forms part of a larger building.

VAT

VAT is applicable to this lot.

Completion Period

Six week completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas
(Approx)

 Tenant Term Rent p.a.x Reversion
Ground
 Retail
92.53 sq m
(996 sq ft)
 INDIVIDUAL
t/a MilRo Sports

 5 years from 13/06/2016 (1)
 £11,500
 12/06/2021
Total  
92.53 sq m
(996 sq ft)
     £11,500
  

(1) The lease provides for a tenant option to determine on 13/06/2019.

Contacts

Seller's Solicitors
DWF LLP No. 2 Lochrin Square, 96 Fountainbridge
Edinburgh
EH3 9QA
Iain Mclean 0131 474 2320iain.mclean@dwf.law

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

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