The subjects comprise a retail unit arranged over ground and first floors and forms part of a traditional stone and slate building. The unit has a double display glazed frontage with a central recessed glazed entrance door leading to an open plan sales area. A staircase at the rear of the ground floor leads to first floor level which provides a further open plan sales area with an office, small workshop, storage space and toilet facilities to the rear. Both floors are fitted with suspended ceiling grids incorporating fluorescent lighting. The ground floor has the benefit of an airsource heating system fitted within the ceiling grid.
Location
Inverness is the commercial and administrative centre for the Highlands of Scotland with a resident population in excess of 65,000. The city has a potential catchment population of 350,000 and is a popular tourist destination.
Church Street is a well established retail pitch located within the heart of the city centre. The subjects occupy a prime position on the west side of the street with adjacent streets leading towards Academy Street. The Victorian Market entrance is close by and surrounding occupiers include The Co-operative, Alba Travel, Inverness Trophy Centre, Ashers Bakery, Munro & Noble solicitors and The White House restaurant.
Accommodation
The approximate net internal area extends to the following;
Ground Floor: 148.45 m² (1,598 ft²)
First Floor: 92.36 m² (994 ft²)
Total: 240.81 m² (2,592 ft²)
Terms
PLANNING
The property has the benefit of a Class 1 (Shops) Consent in terms of the Town & Country Planning (Use Classes) (Scotland) Order 1997. Other uses will also be suitable subject to local authority approval. Please contact the agents to discuss any proposals.
RATES
Listed in the Valuation Roll as follows; Shop – NAV/RV £XXX The business rate poundage for 2015/2016 is XXX for every £XXX of rateable value.
EPC
Details are available on request.
LEASE TERMS
A rental of £XXX per annum is sought on the basis of a new full repairing and insuring lease. Early entry is available.
SALE TERMS
Offers over £XXX are sought for the sale of our client’s heritable interest (Scottish equivalent of Freehold).
COST
Each party will bear their own legal costs. In the normal manner the incoming tenant/purchaser will be liable for any LBTT, Registration Dues and VAT thereon. All figures are quoted exclusive of VAT.
Specification
- GROUND AND FIRST FLOORS
- PROMINENT RETAIL PITCH
- FLOOR AREA 240 M² (2,592 FT²)
- SUITABLE FOR VARIOUS USES
- EARLY ENTRY AVAILABLE