Initial price	£55,000
29/09/25	£45,000
07/10/25	£55,000
12/10/25	£45,000
21/10/25	£55,000
27/10/25	£45,000
31/10/25	£55,000
10/11/25	£45,000
15/11/25	£55,000
23/11/25	£45,000
Price Change	-18.18%

This prime commercial property in Montrose is a rare opportunity for investors to capitalize on its excellent location and strong demand. With planning permission approved for a change of use to a two-bedroom flat, the property offers flexibility and potential for a strong gross return of 10.9% to 14.1% if acquired at the guide price. The property's shop floor and changing room make it suitable for retail activities or residential renovation, and its location in the heart of Montrose ensures significant foot traffic and a steady stream of potential customers or tenants. With recent sales evidence in the area, including a similar property selling for £84,000 in 2022, this property is being offered at a fantastic discount to ensure a sale. The property will feature in an upcoming timed online auction, and interested buyers can participate by creating a bidding account.