DESCRIPTION
The subjects comprise a mid terraced ground floor retail unit. The internal area is predominantly set out to open plan with WC facilities. The space would suit a wide variety of occupiers and uses subject to the relevant consents from the local authority.
Location
Inverness is the capital city and administrative centre of the Highlands. The property is located in the city centre on a prominent location on Tomnahurich Street. Tomnahurich Street is the main thoroughfare leading out of Inverness onto the A82 to Fort William and the West Highlands. Surrounding occupiers are a mixture of commercial and residential properties.
Accommodation
The property has been measured in accordance with the RICS Code of Measuring Practice (6th Edition) to give 1,013 square feet (94 square metres) of accommodation.
Terms
LEASE
A new lease is offered on Full Repairing and Insuring Terms. Entry to be mutually agreed.
RENTAL
Rental offers in the region of £10,000 per annum exclusive of VAT are sought for the premises.
SALE
Our clients may consider selling the property and are inviting offers for their freehold interest in the property
RATEABLE VALUE
According to the Scottish Assesor's website (www.SAA.gov.uk) the subjects have a rateable value of £18,000 effective 1st April 2017. The uniform business rate for the current year is 46.6 pence in the pound.
LEGAL COSTS
Each party will be responsible for their own legal costs incurred in the preparation, negotiation and settlement of the documentation pertaining to the lease or sale including LBTT or VAT applicable.
ENTRY
On completion of legal formalities.
Specification
UTILITIES
The property has supplies of mains water and electricity and drainage. Heating is provided by a gas fired central heating system fuelling wall mounted radiators.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance rating is "TBC".