Summary - 112, CASTLE STREET DD10 8AX
1 bed 1 bath Takeaway
Low-entry freehold with rental potential and clear refurbishment upside.
Freehold takeaway unit in central Montrose, auction sale at £52,000 guide price|Potential rent £900–£1,000 pcm, strong gross yield if achieved|Dated interior; previous sauna fittings and rundown areas need refurbishment|Sold as seen at auction; buyer responsible for compliance/licensing|Located in very deprived, constrained-renter area — local demand limited|Excellent mobile signal; average broadband speeds for trading|No flood risk recorded; small to medium room sizes, limited space|Nearby sales evidence provides local market context
This compact freehold takeaway on Castle Street is offered for auction at a guide price of £52,000, presenting a low-entry commercial investment in central Montrose. The property includes a customer waiting area, kitchen, bathroom and storage — a straightforward layout that suits a small food business or a conversion for alternative commercial use.
Achievable rental is estimated at £900–£1,000 pcm, which would deliver an attractive gross yield if fully let at that level. Recent local sales provide context for value in the area, and strong mobile signal with average broadband means basic connectivity is in place for trading or short-term tenancy.
Buyers should note material drawbacks: the unit is in a very deprived part of town with a local classification of constrained renters and transitional Eastern European neighbourhood characteristics. Interior descriptions indicate dated finishes and areas described as rundown or previously adapted as a sauna — significant refurbishment and fit-out will likely be required. The property is sold at auction and offered as seen, so budget for works, compliance checks and any licensing if returning it to food use.
This lot suits an investor or hands-on buyer comfortable with renovation and short-term void risk, or an operator seeking a low-cost site to refurbish and trade. The freehold status and central location give flexibility, but the setting and condition mean realistic expectations on time and cost to stabilise income are essential.
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