The subjects comprise a ground and first floor shop unit, forming part of a late Victorian ashlar sandstone Grade B listed tenement.
Location
Inverness is the regional shopping and administrative centre for the Highlands of Scotland with a fast growing, affluent population of 70,000 persons and an estimated catchment of in excess 300,000 persons. Located in excess of 150 miles north of both Glasgow and Edinburgh and over 100 miles north west of Aberdeen, Inverness dominates the catchment for a hinterland across the North of Scotland, estimated to be broadly the size of Belgium. The shop is located on Queensgate, opposite the City’s main Post Office, in a good secondary location.
Accommodation
Net Frontage 4.02 m (13ft 2in)
Shop Depth 24.56 m (80ft 7in)
Ground Floor sales 115.86 sq m ( 1,258 sq ft)
First Floor ancillary 34.79 sq m (374 sq ft)
In addition, a single WC is provided at first floor
Terms
Price / Lease The shop unit is offered For Sale at £XXX Alternatively, subject to status, a lease on a new Full Repairing and Insuring Lease for a term to be agreed, subject to 5 yearly upward only rent reviews, at a commencing rent of £XXX per annum may be considered.
Rateable Value The unit is listed at www.saa.gov.uk as having a Rateable Value of £XXX The poundage for 2018/19 is XXX, leading to rates payable of £XXX Interested parties are advised to verify these figures direct with The Highland & Western Isles Valuation Joint Board, Moray House, 16-18 Bank Street, Inverness IV1 1QY, tel: 01463 703311, email: assessor@highland.gov.uk
EPC The EPC rating is D, copy available upon request.
Legal Costs Each party will be responsible for their own legal costs. However, the purchaser or ingoing tenant will be responsible for any registration fees and Land and Buildings Transaction Tax applicable, together with any VAT payable.
VAT is not chargeable on the sale price or rent. Prospective tenants must satisfy themselves independently as to the incidence of VAT in respect of this transaction.