Summary - 109, MURRAY STREET DD10 8JQ
1 bed 1 bath Retail Property (out of town)
Affordable freehold shop with immediate let potential and strong small-business relief.
Prime main-road retail position with regular pedestrian footfall
Freehold retail unit: main shop area, kitchen and WC included
Projected rent £450–£500 pcm (£5,400–£6,000 pa)
Rateable value £1,800; currently 100% small business relief
Will be sold at timed online auction; buyer to meet auction terms
Located in a very deprived local area; tenant demand may be constrained
Compact, traditional terraced building with small-to-medium accommodation
Out-of-town retail classification may limit some business uses
This freehold retail unit on Murray Street offers a straightforward, low-cost entry into commercial property ownership in Montrose. Positioned on a main road with steady pedestrian traffic, the shop comprises a main retail area, kitchen and WC, and is ready to let immediately. Its modest guide price and projected rent create clear yield potential for investors seeking an affordable asset.
Financial strengths are immediate: the property’s rateable value is £1,800 and currently benefits from 100% small business relief, lowering operating costs for a qualifying tenant. Projected rent of £450–£500 pcm (approximately £5,400–£6,000 pa) would produce an attractive return if achieved at the asking price, particularly for buyers comfortable with auction purchase procedures.
Buyers should note important constraints. The unit is in an out-of-town retail classification within a very deprived local area, which can limit tenant types and rental growth. The building is a traditional terrace with small-to-medium rooms and standard ceiling heights; accommodation is compact and may not suit larger retail operators. The sale will be conducted at auction, so purchasers must be prepared to meet auction terms and timelines.
Overall, this is a pragmatic, value-led opportunity aimed at investors seeking immediate rental income from a compact, freehold retail unit in a coastal town. It suits buyers who prioritise yield and are experienced with auction purchases and constrained local markets.
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