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Development Opportunity

For Sale
Murray Lodge, Murray Street, Montrose, DD10 8LB
  • Offers Over £275,000
  • 4,307.00 ft²

Key Information

  • Substantial Development Opportunity
  • Located Within Montrose Town Centre
  • HMO Licence Currently In Place
  • GIA - 400.11 SQ. M. / 4,307 SQ. FT.
  • MAYBE SUITED TO A VARIETY OF END USES
  • FOR SALE - OFFERS OVER £275,000 INVITED

Property Description

The subjects comprise an end terraced 3-storey brick / block constructed building held under a pitched and tiled roof. The upper floors have been externally cement rendered. Murray Lodge was previously a bed breakfast, which in 2015 was granted a change of use to a House of Multiple Occupation (HMO). Internally the accommodation comprises a reception / office, two public rooms and toilets on the ground floor along with a kitchen. A central staircase provides access to the first and second floors which are of similar design and provide in total 12 en-suite bedrooms. Finishes throughout are basic in nature with carpeted floorcoverings and double-glazed timber framed windows. There is an internal fire escape staircase on the south elevation and external staircase on the north.

Montrose has a population of approximately 16,000 and is located on the East Coast of Scotland within the County of Angus. The town is situated approximately 30 miles north of Dundee and 40 miles south of Aberdeen. Montrose is an important service and employment centre for the northeast of Angus, with a number of distinctive features including an attractive townscape, harbour and basin. Montrose's significance is enhanced by its location on the A92 as well as its links to the rail network. Montrose is an attractive place to live as well as a popular destination for visitors, tourists and businesses.More precisely the subjects are located to the north end of Montrose Town Centre on Murray Street, a continuation of High Street and leading on to Northesk Road. Surrounding operators include mainly local and national retail traders along with the soon to be open Montrose Playhouse. The approximate location is shown by the OS Plan.

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