The subjects comprise a generally level development extending to circa 0.89 acres set within Phase 2 of the well established Cradlehall Business Park. The access road, shared with Johnston Carmichael has been formed.
Location
Cradlehall Business Park offers occupies a premier location on the eastern side of Inverness within easy reach of all main arterial routes and the city centre. Its modern environment offers owners and occupiers a superb profile and superior business accommodation.
Occupiers already established within the business park include NHS Highland, Scottish Ambulance Service, Morgan Sindall, Johnston Carmichael, Harper Macleod LLP, Bidwells, Barclays, NFU Mutual and British Red Cross, to name a few. Cradlehall lies close to the new University of the Highlands and Islands Campus which opened its door to students in 2015 and represents a £50 million investment. Known as the Beechwood Education and Research Campus, the 215 acre site is a development by Highlands and Islands Enterprise and also includes the Scottish Agricultural College and a Health Science Centre.
Terms
PLANNING Full Planning Permission was granted in March 2010 for the construction of a 2-storey modern office pavilion, providing circa 10,000 sq ft of net floor space plus car parking for approximately 48 cars (1:208 sq ft). Planning Reference: 10/00082/FUL refers and can viewed on The Highland Council Planning Portal using the following link: https://wam.highland.gov.uk/wam/applicationDetails.do ?keyVal=KXJ5U1IH7R000&activeTab=summary This Planning Permission has now lapsed, however, it could be reinstated or alternatively the site would be suitable for a range of alternative uses subject to planning.
RATEABLE VALUE Any development will require to be assessed for rating purposes on completion and occupation.
PLANS, AREAS & SCHEDULES These are based on the Ordnance Survey and are for reference only. They have been checked and computed by the Selling Agents and, by submitting an offer for the subjects the purchaser shall be deemed to have satisfied themselves as to the description of the property. Any error or mistake, in the plans or schedules attached to these particulars shall not annul the sale or entitle either party to compensation in respect thereof.
SERVICE CHARGE There is currently a small service charge payable in respect of maintenance, repair and upkeep to the common parts of the development. Further information is available on request.
ENERGY PERFORMANCE CERTIFICATE Not applicable.
TENURE Heritable (Scottish equivalent of Freehold).
SALE Our Client’s heritable interest in the property is available for sale with offers over £300,000, exclusive of VAT invited.
LEGAL COSTS Each party to pay their own legal costs. The purchaser will be responsible for any LBTT, Registration Dues and VAT.
VAT This will be payable on the purchase price.
Specification
- EXPIRED PLANNING PERMISSION FOR MODERN OFFICE PAVILION EXTENDING TO 10,000 SQ FT PLUS 48 CAR SPACES (1:208 SQ FT).
- SUITABLE FOR A VARIETY OF USES STP
- EASY ACCESS TO MAIN ROAD NETWORK
- OFFERS OVER £300,000 INVITED