33-35 High Street, Montrose

Ground and lower ground retail unit for sale, located in the historic coastal town of Montrose.

FOR SALE: Ground and Lower Ground Retail Unit - 1,617 sq ft

The property is located in the historic coastal town of Montrose, which is approximately 42 miles south of Aberdeen and 30 miles north of Dundee along the A92 coastal route, making it easily accessible by road. The town also sits on the east coast train line, giving it excellent rail links.

The property comprises a ground and basement floor, double fronted glazed retail unit which is utilised by Greggs as a high street bakery and has a net frontage of 7.93m.

Specification

Investment Summary:

  • Let to Greggs Plc on a lease expiring in June 2027
  • Annual rental income of £22,000 per annum
  • Next rent review due on 18 June 2022
  • Greggs have been in occupation since 2012
  • Recently completed comprehensive common repair works
  • Seeking offers in excess of £285,000 representing an attractive net initial of 7.51%
Get Brochure Email Sara
Sara Dudgeon

+44 (0)7810 117888

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