Page 8 - Shepherd Commercial Auctions - Catalogue 04/12/2025

Lot 4
Southesk Inn, 36-37 Wharf Street, Montrose, Angus DD10 8BD
Investment and Business Opportunity
Features
• Unique investment and guesthouse/Air BnB opportunity
• Private owner's flat and garden to rear included in sale
• Category "C" Listed property
Description
The subjects comprises a public house investment, letting accommodation/Air BnB and
owner's accommodation offering potential for further letting.
Accommodation
Public House - 93.05 sq. m. (1,002 sq. ft.)
Letting Accommodation/Air BnB
First floor 3 bed flat - 98.00 sq. m. (1,020 sq. ft.)
Flat & Guest Rooms (Second/Attic) - 58.31 sq. m. (628 sq. ft.)
Owner's Accommodation (rear annexe) - 52.11 sq. m. (561 sq. ft.)
Location
Montrose has a population of circa 13,250 (source: Angus Council) and is one of the
principal towns positioned on the northeast Coast of Scotland, approximately 40 km (30
miles) north of Dundee and 61 km (38 miles) south of Aberdeen. Montrose is located
within the administrative authority of Angus Council.
The subjects are located on Wharf Street, at the corner junction with Shore Wynd/Apple
Wynd and overlooking the Montrose Harbour Area.
Energy Performance Rating The property has an energy rating of D.
Tenancy
The public house is currently held on a five-year lease until January 2030 at a current
passing rent of £12,000 per annum.
Auction Type
Unconditional Sale - The buyers fee is 2.4%| inc VAT(2% plus VAT) subject
to a minimum of £2,400 inc VAT(£2,000 plus VAT).
*Guide Price £300,000 (plus fees if applicable)
8 * Please see Buyer’s Terms for definition of guide price
and auction fees