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69-75 High St
8,495 SF Retail Condo Unit Offered at $1,126,540 CAD in Montrose DD10 8QZ
Investment Highlights
- Large glazed frontage.
- City centre location.
- Great footfall area.
Executive Summary
The property compromises retail space on the ground floor with office space above of masonry construction. Montrose is well located with Aberdeen 35 miles to the north, Dundee 30 miles to the south and Forfar 17 miles to the east.The A90 is located close-by and the town is served by a mainline railway station.
Property Facts
| Price | $1,126,540 CAD | Building Class | C |
| Unit Size | 8,495 SF | Floors | 4 |
| No. Units | 1 | Typical Floor Size | 3,156 SF |
| Total Building Size | 12,622 SF | Year Built | 1880 |
| Property Type | Retail (Condo) | Tenancy | Single |
| Property Subtype | Storefront Retail/Residential | Lot Size | 0.35 AC |
| Sale Type | Investment |
| Price | $1,126,540 CAD |
| Unit Size | 8,495 SF |
| No. Units | 1 |
| Total Building Size | 12,622 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Sale Type | Investment |
| Building Class | C |
| Floors | 4 |
| Typical Floor Size | 3,156 SF |
| Year Built | 1880 |
| Tenancy | Single |
| Lot Size | 0.35 AC |
1 Unit Available
Unit 71-75
| Unit Size | 8,495 SF | Sale Type | Investment |
| Price | $1,126,540 CAD | Tenure | Freehold |
| Price Per SF | $132.61 CAD | Cap Rate | 8.00% |
| Condo Use | Retail | NOI | $90,123.21 CAD |
| Unit Size | 8,495 SF |
| Price | $1,126,540 CAD |
| Price Per SF | $132.61 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 8.00% |
| NOI | $90,123.21 CAD |
Description
The space provides open plan retail with WC and staff facilities.
Sale Notes
Offers invited £625,000.
The property is let to one tenant until 19th September 2028 with a rental income of £50,000pa.
Amenities
- Energy Performance Rating - E
- Storage Space
Nearby Major Retailers
Presented by
69-75 High St
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