The property comprises a fully fitted cinema arranged mainly over ground floor with a small area of offices/storage on the first floor.
Internally the facility is laid out as expected with access through multiple attractive glass doors leading into an open kiosk area and ticket sales area. There are ample ladies and gents toilets also within this area.
Screen 1 is a large auditorium with seating provision for 148 viewers. This cinema hall is in good condition and has been well-maintained both internally and externally as per the images.
Screen 2 is a much smaller offering with seating for 22 people providing a more intimate viewing experience.
Location
Oban is a popular tourist hub, with easy reach to both Glasgow and the north and within the Argyll and Bute council area.
Glasgow in 98 miles south of Oban and 2 hours 20 minutes by car.
A tourist hotspot, the population rises significantly during the summer period with a surge in the local economy, due to many taking advantage of the beautiful scenery on offer during their travels. The ferry terminal, located in the centre of the town, provides access all year round to most of the West of Scotland.
The property itself is situated within the town’s principal shopping street, George Street. Other occupiers close by include The Scot Hotel, McColl’s, Fancy That (Gift Shop) and Anglers Corner.
Accommodation
The ground floor extends to approximately 447 sq.m. measured on a Gross Internal Area basis. The upstairs area extends to around 49 sq.m. giving a total of 496 sq.m. approximately (5,339 sq.ft.).
Terms
RATEABLE VALUE - According to the Scottish Assessors website the property has a Rateable Value of £9,000.
PRICE - Our client is seeking offers over £275,000 for the freehold interest.
The cinema equipment is also available and is valued at £24,000. This can be available by way of separate treaty.
ENERGY PERFORMANCE - The Energy Performance Certificate (EPC) for the subjects is available upon request.
LEGAL COSTS - Each party to be responsible for their own legal costs incurred in any transaction.
VAT - All prices quoted are exclusive of VAT which maybe chargeable.
Specification
- Offers over £275,000
- Cinema equipment also available
- Prominent local hotspot