The property comprises a retail unit arranged over ground, first and second floors set within a modern building which we estimate was constructed around the 1980’s. There is an aluminium framed shop front with plate glass and fascia signage above.
The internal floors are of solid/concrete construction. Within the main sales area there are suspended ceilings with acoustic tiles, integrated lighting and air-conditioning units. To the rear there is a disabled toilet, small stock area and dual staircases to the office and stock areas. The first floor office and staff toilets have been finished to a good standard. The first floor is largely open plan and there is fire exit access to the rear of the property. There is a further staircase which provides access to the second floor store and staff kitchen and changing areas. There is also a micro-lift that serves all three floor
Location
Inverness is the retail, commercial and administrative centre for the Highlands and Islands and is located approximately 105 miles northwest of Aberdeen and 156 miles north of Edinburgh.
The subjects occupy a 100% prime pitch and are located on the southside of High Street, which connects to Eastgate in the east and Bridge Street to the west. The property lies within easy walking distance of the Eastgate Shopping Centre, as well as all other amenities including bus and railway stations and public car parking. Occupiers in the surrounding area include a healthy blend of local and national occupiers including; Marks and Spencer, Costa Coffee, Bank of Scotland, Slaters Menswear, Lush and Café Nero.
Accommodation
Ground Floor 1,755 sqft
First Floor 1,990 sqft
Second Floor 1,521 sqft
Terms
SERVICES Mains water, gas and electricity. Drainage to the public sewer.
RATEABLE VALUE Current NAV/RV of £59,000 as of 1st April 2023.
EPC Band E.
PLANNING Class 1A (Shops) with Permitted Change to Class 3 (Food & Drink). The property would suit a range of business opportunities. Please contact the marketing agents to discuss any proposals.
LEASE TERMS To Let on FRI terms at a rental of £75,000 per annum, ex VAT
SALE PRICE We are seeking unconditional offers from parties interested in acquiring our client’s heritable interest with the benefit of vacant possession.
Price on Application. ENTRY Immediate entry is available.
LEGAL COSTS Each Party will be responsible for their own legal costs incurred in connection with any transaction. In the normal manner, the tenant or purchaser will be responsible for LBTT, Registration Dues and VAT thereon.
ANTI-MONEY LAUNDERING In accordance with AML Regulations, the successful purchaser will be required to satisfy the Vendor on the source of funds used to acquire the subjects.