Retail Premises with Rear Car Park, 68 High Street, Nairn, IV12 4AU

The premises comprise a single windowed retail unit arranged over the ground floor only of a two storey parade building, under a flat roof with servicing and a car park to the rear.

Location

Nairn is located in north east Scotland within the Highland council area with a population of approximately 10,000 residents and a wider local catchment in excess of 18,000 people.

Inverness is situated approximately 16 miles to the west, Elgin is approximately 22 miles to the east, and Aberdeen 85 miles to the south east.

The subjects are located within the main pedestrianised retail street with nearby occupiers including Nairn Library, David M Ellen Funerals, Nairn Court House, Boots the Chemist, Co-operative Food, British Red Cross and Specsavers.

Accommodation

The main dimensions and gross internal area are as follows:

Gross frontage: 20 ft 1 ins (6.12 m)
Net frontage: 16 ft 3 ins (4.95 m)
Ground floor: 863 sq ft (80.17 sq m)

Terms

Rent
Rent on application.

Lease Terms
The premises are available on the basis of a new full repairing and insuring (FRI) lease for a minimum term of 10 years, subject to 5 yearly upward only rent reviews.

Entry
By agreement.

Rating
We are verbally advised by the local Assessors department that the subjects are entered in the Valuation Roll as follows:

• Rateable Value: £7,400
• Commercial Rate Poundage: £0.498 (exclusive of water and sewerage rates)

Please note the rates payable may be subject to full relief from the small business rates scheme. Further details available upon request.

Legal Costs
Each party is to be responsible for their own legal costs incurred in connection with this transaction, with the ingoing tenant to be responsible for Land and Buildings Transaction Tax (LBTT) and registration fees.

Energy Performance Certificate
Further details available upon request.