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20 High St 1,173 SF 100% Leased Retail Building Montrose DD10 8JL $186,535 ($159.02/SF)
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
Storefront Retail/Residential
Building Size
1,173 SF
Building Class
B
Year Built
1876
Price
$186,535
Price Per SF
$159.02
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
0.90
Lot Size
0.03 AC
Frontage
31’ on High Street
AMENITIES
- Security System
- Storage Space
1 1
NEARBY MAJOR RETAILERS
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20 High St
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