FOR SALE/MAY LET
Gallery/Workshop & Licensed Restaurant Premises
Baliscate, Tobermory
Isle of Mull
Highly visible property fronting the main A848
Adaptable commercial and business space
Fully fitted, licensed café/restaurant premises with feature deck
Large, modern building, suitable for a variety of uses (subject to appropriate consents).
Location
Tobermory is the principal town on Mull. The second largest of the Inner Hebrides, the island is highly accessible, reached in 45 minutes via a vehicular ferry from Oban. Services from Lochaline on Morvern and Kilchoan on the Ardnamurchan peninsula are also available. There is also a small airstrip at Glenforsa suitable for private aircraft and a mainline train service from Glasgow to Oban with some trains connecting with the ferry.
The colourful harbour town of Tobermory is a very popular tourist destination and as such provides an excellent range of dining, cultural and shopping opportunities as well as a medical centre, churches, a high school and primary school and good sports facilities including a nine hole golf course.
The Isle of Mull boasts extraordinary and diverse scenery from the dramatic Gribun cliffs and the shark fin peak of Ben More to the white sands of Calgary Bay. Mull also has a varied coast line which totals approximately 500km and is popular with yachtsmen, kayakers and divers.
In addition, Mull has varied wildlife and is home to a number of rare species including golden eagles, white tailed sea eagles and hen harriers. In the sea surrounding Mull there are various trips provided to local puffin and seal colonies and also to the island of Staffa where many tourists visit Fingal’s Cave.
Situation
The subjects are situated approximately three quarters of a mile to the south of the centre of Tobermory, facing the main A848 road which connects the town with the main ferry terminal at Craignure. Consequently, the majority of traffic entering and leaving the town passes the subject property.
The premises form part of a small, courtyard-style development with neighbouring occupiers including Island Blue (gift shop), KFT Ltd (sign designers) and the Tobermory Fish Company (smokehouse and shop), among others, and accessed off a service road connecting to the main A848, such that the property is stepped back from the main pedestrian walkway, all as more particularly shown on the attached Location Plan.
Accommodation
Description
The subjects comprise a modern, business unit, originally constructed by Highlands & Islands Enterprise with a steel frame, concrete floor, painted, and rendered blockwork walls with double-glazed, aluminium framed windows under a pitched and concrete tiled roof incorporating ‘Velux’-style roof lights.
The property is arranged over two levels and comprises a gallery, workshop and store at ground floor together with a café area, kitchen, storeroom and toilets at mezzanine level. A major feature of the property is the first floor deck, accessed from the café and affording views over Tobermory to the Sound of Mull and Ardnamurchan beyond.
Internally, the ground floor is currently split into three distinct areas: Gallery, workshop and store. The décor in the workshop and store is basic but functional with painted blockwork walls, and painted, plasterboard ceilings with surface mounted fluorescent tube lighting. In the double-height gallery the finishes are rather better, and the space presents well. The mezzanine is formed by an internal steel deck, accessed from the gallery by a metal stair and occupies the roof space above, with the kitchen, toilets and storeroom above the workshop area. A secondary fire escape stair leads to the lower level store area. In the café, the internal surface of the roof has been lined and painted and there is a feature window with integral doors leading to the external deck, which also has its own access stair leading directly from the car park.
Accommodation
The property offers the following approximate accommodation:
Ground Floor: Gallery/Showroom area 83.42 m2 (898 ft2)
Workshop 62.54 m2 (673 ft2)
Store 37.71 m2 (406 ft2)
First Floor: Café/Restaurant 41.24 m2 (444 ft2)
Kitchen/Servery 24.73 m2 (266 ft2)
Store 8.76 m2 (94 ft2)
Deck 21.27 m2 (229 ft2)
The total net internal area of the property in its current configuration therefore is 2,781 ft2.
Rateable value
The ground floor (gallery/workshop/store) and the first floor (café/restaurant) are currently rated separately with a total rateable value for the property of £6,800.
Planning
We are advised that the subjects have planning consent for the existing use including the first floor licensed café/restaurant and the external deck.
Parties seeking a change of use should make their own enquiries of Argyll & Bute Council Planning Department.
Energy Rating
The premises have an EPC rating of C.
Terms
Price
Our clients are seeking offers in the region of £199,000 for their heritable interest in the property with vacant possession, including the kitchen equipment and trade fixtures and fittings in the café/restaurant.
Lease Option
Alternatively, the property may be offered under a Lease for a period to be agreed on a full repairing and insuring basis and subject to rent review at appropriate, regular intervals, and in this regard rental offers in excess of £24,000 per annum exclusive are sought for the entire premises.
Legal costs
Each party will be responsible for their own costs incurred in this transaction.
Entry
Immediate entry is available upon completion of legal formalities.
VAT
All rents and other sums are quoted exclusive of any VAT that may be payable.