Summary - 105, MURRAY STREET DD10 8JQ
1 bed 1 bath Commercial Property
Affordable, let unit with immediate income and rent-up potential.
Current rent £435 pcm (£5,220 pa)
This compact commercial unit on Montrose’s main street offers an immediate income stream and strong yield potential for cash buyers. Currently let at £435 pcm (£5,220 pa), the property could reasonably be re-let nearer £500 pcm, which would materially increase returns from the guide price of £25,000.
The rateable value is £1,800 and the property currently benefits from small business rates relief, reducing ongoing costs for an occupier. The unit comprises a main retail area with a kitchen and WC, and sits on a high-footfall plot close to local amenities and transport links — useful for a small shop, office or service business.
Buyers should be aware this lot is offered at auction, with immediate offers invited. The area is classified as very deprived and the local rental market is constrained, which may limit tenant quality and long-term capital growth compared with stronger locations. Tenure is not specified and internal floor area is limited, so an inspection and legal checks are recommended before bidding.
This is a straightforward purchase for an investor seeking an affordable, let commercial asset with upside from modest rental growth and low business rates. It suits buyers comfortable with auction purchase processes and quick settlement, and who accept the local market’s limitations.
Commercial property for sale in 109 Murray Street, Montrose, DD10 8JQ, DD10 — £70,000 • 1 bed • 1 bath
Out-of-town retail property for sale in 105 Murray Street, Montrose, DD10 8JQ, DD10 — £25,000 • 1 bed • 1 bath
Commercial property for sale in 109 Murray Street, Montrose, DD10 8JQ, DD10 — £70,000 • 1 bed • 1 bath
1 bedroom mixed use property for sale in 6 Castle Street, Montrose, DD10 8AG, DD10 — £45,000 • 1 bed • 1 bath
Takeaway for sale in 112 Castle Street, Montrose, DD10 8AX, DD10 — £55,000 • 1 bed • 1 bath
Commercial property for sale in 6 Castle Street, Montrose, DD10 8AG, DD10 — £55,000 • 1 bed • 1 bath
