Affordable ready-to-let commercial lot with strong footfall and yield potential.
Prime main-street location with high daily footfall
Potential rental income £3,600–£4,740 pa (estimate)
Rateable value £2,850; may qualify for small business relief
Sold at auction — unknown tenure, complete due diligence
Interior shows modern renovation but has unfinished edges
Situated in a very deprived area with constrained renter profile
Compact layout: main retail area, kitchen and WC
Excellent mobile signal and fast broadband suitable for small businesses
This mid-terrace commercial unit on Montrose’s busy Murray Street is offered at auction with immediate let-ready potential. The property includes a main retail area, small kitchen and WC, and benefits from strong daily footfall on an attractive main road plot.
Projected rental income sits between £3,600 and £4,740 per annum, which at the guide price could deliver an attractive yield for investors. The unit has a rateable value of £2,850 and may qualify for small business relief, reducing running costs for a new occupier.
Internally the space shows signs of recent modern renovation—exposed beams and wooden floors—but some unfinished edges remain, so light remedial works may be required before letting. Important considerations include the very deprived local area classification and a constrained-renter profile in the neighbourhood, which could affect tenant mix and rent growth.
This lot is sold at auction with unknown tenure details, so buyers should factor in immediate purchase procedures and carry out full due diligence prior to bidding. Fast broadband and excellent mobile signal support a range of small business uses in a coastal town with good transport links to Dundee and Aberdeen.
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