Description
Substantial Corner Commercial Property With Parking Located In Densely Populated Area. Includes Full Kitchen Facility, Car Park, External Seating Area. Rental Estimated at £25,000 per annum.
Property comprises a main public bar and separate function room/lounge, connected internally and both having separate external access.
The property offers ancillary customer toilets, commercial kitchen, cellar and storage.
The property also benefits from an external beer garden/terrace with smokers' shelter and parking area to the rear for 6/8 cars
Traditionally built detached single storey public house premises with rendered elevations having pitched and tiled roofs and occupying a prominent corner plot
The property is situated on the west side of Coronation Way at its junction with Newgate Road, in the town of Montrose. Montrose has a population of circa 12,000 and is an important commercial centre. Its well-developed port acts as a support centre for the North Sea oil industry and is a bulk container shipping base. 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. Adjacent to Montrose Basin, an internationally important wildlife reserve, the town is also close to several well regarded golf courses and provides a good selection of services and amenities to the surrounding area. The property comprises a traditionally built detached single storey public house premises with rendered elevations having pitched and tiled roofs and occupying a prominent corner plot Internally the property provides a main public bar and separate function room/lounge, connected internally and both having separate external access. The property offers ancillary customer toilets, commercial kitchen, cellar and storage. The property also benefits from an external beer garden/terrace with smokers' shelter and parking area to the rear for 6/8 cars
Maps & Location
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Pricing Information & Bidding
Opening Bid: £119,000
What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price). How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.View Live Online Auction
Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.
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Terms & Conditions of Sale
- 10% Deposit (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- Buyers Fee = 2% of Sale Price (Minimum £2,500 + vat)
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STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer for each property which may differ in deposit amount, completion and buyers fee.
* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.
General Terms & Conditions of Sale
Lot Specific Terms - Coronation Way, Prime Corner Detached Restaurant, Bar and Car Park, Montrose
Buy Now Price = £125,000
Please use our BUY NOW form to secure this property now. Once you submit the form we will send you an invoice and payment details so you can make the necessary deposit payment to proceed with the purchase.BUY NOW for £125,000 - CLICK HERE