The subjects comprise a modern surgery premises together with laboratory and one bedroom flat contained within an extended, detached modern building. Internally, the subjects appear to be of contemporary design, layout and construction arranged to provide a central reception together with waiting facilities, which are in an oval arrangement with the surgeries and support accommodation arranged around the periphery. There are additional staff, storage and kitchen facilities on the first floor which is accessed via a spiral staircase from the rear of the central ground floor. The laboratory is accessed via a separate entrance from the rear of the property and is generally of an open plan nature with a small office, kitchen facilities and toilet compartment. There is a residential apartment at first floor level comprising one bedroom, kitchen with living room and a bathroom. The flat is accessed from the rear of the building, off Albany Street. Formal car parking comprising 9 spaces with a disabled access is available from Shore Street, leading to the pedestrian access to the surgery. There are a further 2 informal car parking spaces off Albany Street to the rear of the property.
Location
Oban is a substantial West Coast ferry port offering regular services to the Islands and served by a rail link from Glasgow via Crianlarich. The town is the largest centre of population in the Argyle administrative district. Commercial activities are mainly founded on forestry, fishing and farming and the area benefits from significant tourist and visitor traffic from Easter to October. The area boasts a number of hotel, guesthouses and self-catering holiday establishments catering for the visitor traffic to the area. There is a ferry terminal operated by Calmac serving Mull and other Islands. The subjects are located in a prominent location on the west side of Shore Street, towards its southern end, near the junction with Albany Street all to the south of the Town Centre. The area is of a mixed complexion within easy walking distance of the main harbour front and ferry terminal and contains both residential, commercial and licensed premises.
Accommodation
Main Surgery 308.61 sq.m. (3,322 sq.ft.)
Laboratory 45.21 sq.m. ( 497 sq.ft.)
One Bedroom Flat 61.34 sq.m. ( 660 sq.ft.)
Terms
The subjects are held on full repairing and insuring lease terms at a current passing rental of £45,256.33 per annum exclusive, which is paid quarterly in advance. The current lease expires on 29th June 2021 and incorporates a Tenant break option on 29th June 2016. If the break option is not exercised then there is provision for a rent review on an upward only basis.
Specification
- Dental surgery investment
- Rental income of £45,256.33 per annum
- Lease expiry in June 2021
- Frontage to busy thoroughfare