Allsop · 24 Mar 2026
Heritable Shop Investment
Unit 1 New Wynd, Montrose, Angus, Scotland, DD10 8AD · Scotland
UnsoldRetailFreeholdLet
- Guide
- £940,000
- Rent a year
- £90,000
- Yield on the guide
- 9.6%
- Payback
- 10 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- Not published
- Size
- 12,593 sq ft£7.15 rent per sq ft
What it costs to own
The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
Allsop hasn't published a rating for this lot. Ask for the certificate or check the legal pack: in England and Wales, a commercial property rated F or G can't be let without a registered exemption.
How it compares
Market comparisons: included with access, £49 a month. Start with a free account.
Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
Allsop's record
Allsop's results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Heritable Shop Investment. Comprises a single storey retail unit. Entirely let to Argos Limited on new 5 year lease extension until March 2031 (No Breaks). Total accommodation of approx. 1,170sqm (12,593 sq ft). Town centre location adjacent to Screwfix. Benefits from a prominent frontage facing onto a shared car park (120 spaces), not included in the sale. Tenant has been an occupation over 17 years. VAT is applicable. Benefits from a prominent frontage facing onto a shared car park (120 spaces), which is not included in the sale. Montrose has a population of around 12,000 and is well located with Aberdeen 35 miles to the north, Dundee 30 miles to the south and Forfar 17 miles to the east. Easy access to the A90 via the A92 (Basin View) which is the main road passing through Montrose. Montrose Rail Station is some 550m providing direct services to Glasgow Queen Street (journey time approx. 2 hours 39 minutes). The property is situated on the south side of New Wynd, between its junction with Baltic Street and Market Street within the town centre of Montrose. Occupiers close by include Screwfix, Domino's, Specsavers, Boots, WH Smith and a variety of local retailers
Figures come from Allsop's published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.