40 High Street, Grantown on Spey is a ground floor trading unit with a small 1st floor office / store and is located within an attractive traditional stone 3 storey property. The retail unit has recently become vacant.
The retail unit has independent street level access to the internal trading area and benefits from well-appointed welfare / storage areas located to the rear. The property is being sold with vacant possession. The retail unit has its own parking / delivery provision to rear and there is also on street and a number free public car parks locally, making public access to the unit easy.
REASON FOR SALE - The vendors have owned 40 High Street, Grantown on Spey for many years, initially operating their own retail business from it and latterly renting the unit out to reputable tenants. It is their desire to retire as landlords that brings this well-appointed retail unit to the market.
THE PROPERTY - 40 High Street, Grantown on Spey is part of an attractive grey granite building ideally located in the middle of the High Street. The inviting entrance door is largely glazed to one side of a large picture window frontage, thus enjoying natural lighting and a clear line of sight from the pavement. In addition to the shop retail area there is a WC, welfare, small office / store on the 1st floor and store area on the ground floor, all located to the rear of the retail space. The unit has an area of about 52m². Access to the 1st floor room, is via the common stair with the flats above. The windowed frontage allows for flexible merchandising and branding with ample space for signage both above, and on, the window.
To the rear of the property there is a significant area of shared parking. This is shared with the other occupants of this and the surrounding buildings. To the rear of the common area is a significant area of shared ground which currently is a maintained garden.
Location
Grantown-on-Spey has a variety of facilities for residents and visitors and sits at the convergence of three major tourism “trails” dedicated to golf, castles and distilleries. It also benefits from nearby activity play areas such as Landmark and Craggan Outdoors Centre with the Highland Wildlife Park also being nearby. With its own excellent 18-hole golf course, Grantown-on-Spey is also near to the famous Boat of Garten Golf Course. The area is renowned for its salmon fishing along the River Spey and the town has a long tradition associated with the sport. In addition, the Cairngorm Mountains offer a range of mountain sports from trekking in the summer to skiing in the height of winter. The fact that the area (Badenoch and Strathspey population is c13,500) caters to an affluent population and enjoys a strong tourism industry means that the new owners would have access to both a local, and seasonal, customer base for their business. The town centre has a host of shops and facilities and there is primary and secondary education within the town.
Accommodation
Size - 560 sq ft (52 sq m)
Terms
SERVICES - The unit benefits from mains electricity, water and drainage.
PRICE - Offers over £65,000 are invited for the freehold interest.
EPC RATING - This property has an Energy Performance Rating of ‘TBC’.
RATES / COUNCIL TAX - The property has a business Rateable Value of £6,000; reference number 07/01/390426/8 (April 2023). The unit benefit from a 100% discount under the Small Business Bonus Scheme with a potential net liability of £nil for eligible businesses.
Specification
- Attractive retail unit extending to around 52m²
- Conveniently located in the middle of Grantown on Spey High Street
- Prominent frontage with large display window
- Opportunity for high-profile signage, ideal for tenant branding options
- Private parking on site with ideal free public parking close by