The property comprises a partially converted residential development providing three 2-bedroom apartments over first, second and third floor levels within a 4-storey stone and slate (B Listed) building built circa 1884. The building is a fine example of Scottish Baronial architecture by pre-eminent local architect Alexander Ross and depicts good quality stone features including gabletted dormer heads, a canted corner corbelled to square with a granite column at angle, an oriel window and crowstepped gable detailing at roof level.
Internally, the accommodation benefits from some original features including wooden staircase, timber sash and casement windows and high ceilings with decorative cornices. The apartments are ideally suited for self-catering/serviced apartment use.
The apartments are currently in a state of conversion. Our client has largely completed fitting out including new electrics, plumbing, kitchens, bathrooms and heating installations. However there are some outstanding fire strategy works which need to be implemented in order to comply with the Building Warrant and Completion Certification requirements. Full details are available on request.
Location
The subjects are positioned on a prominent corner location on the west bank of the River Ness on Ness Walk at its junction with Young Street. The property is set within a popular tourist area of the city and enjoys spectacular views of the River Ness, the Ness Bridge up to Bridge Street/High Street and across to Inverness Castle. The property lies only 2 minutes walking distance from the city centre and all amenities including the Eastgate Shopping Centre. Inverness railway station and bus station are also within short walking distance.
Neighbouring properties mainly comprise hotels, B&B’s/guest houses, public houses and restaurants as well as offices occupied by professional firms and residential properties. The ground floor of the building is occupied by the Rocpool Restaurant which is in separate ownership.
Accommodation
Each apartment provides an open plan living room/kitchen; 2 bedrooms and bathroom. Kitchens have been fitted with fixed base and wall units, worktops, sink unit, oven, hob and extraction hood as well as white good appliances. Bathrooms have been fitted with new white sanitary fittings including bath and over bath shower. Each apartment extends to approximately 52 m² (560 ft²).
Terms
STATUTORY CONSENTS
All Planning Permission and Building Warrant approvals have now been obtained. Copies are available to seriously interested parties, on request.
RATES / COUNCIL TAX
The apartments will need to be re-assessed for non-domestic rates or council tax purposes on completion of the conversion works.
ENERGY PERFORMANCE CERTIFICATE
Details are available on request.
THE OPPORTUNITY
The heritable interest (Scottish equivalent of Freehold) is available For Sale with vacant possession in its existing condition with the benefit of all statutory consents. Offers in the region of £350,000 are invited.
VAT
The building is not VAT elected and it will therefore not be payable on any Sale.
Specification
- City centre location with spectacular views of Inverness Castle and River Ness
- 3 no. 2-bedroom residential apartments
- Suited for self-catering/serviced apartments
- Offers in the region of £350,000 sought for the freehold interest
- VAT Free sale