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Prominent Retail Unit - To Let / May Sell, 59-61 Academy Street, Inverness, IV1 1LU

1,760 Sq Ft / Retail / General Retail

Withdrawn - Last updated: 02 February 2022

The subjects comprise a retail unit arranged over basement and ground floors forming part of a 2-storey and attic plus basement traditional stone and slate building. The unit has the benefit of a large glazed display frontage. The ground floor currently provides an open plan sales area with 3 cellular rooms, a kitchen, toilet and storage space to the rear of the property. There is a basement providing space for storage. The ground floor has painted plasterboard walls and laminate covered floors. The sales area has a suspended ceiling grid incorporating recessed fluorescent light boxes as well as recessed floor boxes containing electric  and IT connection points. Wall mounted radiators are fitted throughout the property.

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 in the region of 350,000 and is a popular tourist destination.  The subjects occupy a prominent position on Academy Street within Inverness city centre. The property is located a short walking distance from Inverness bus and rail stations as well as the Rose Street multi storey car park. Academy Street is a busy thoroughfare leading to the Eastgate Shopping centre at its south easterrn end. Surrounding occupiers include Creative Skate Store, Pentahotel, Craigdon Mountain Sports, Dominos Pizza, Nickel ’N’ Dime and Farmfoods.

Accommodation

The property extends to the following approximate floor areas:-

Basement - 72.11 sq m (776 sq ft)

Ground Floor - 91.43 sq m (984 sq ft)

TOTAL - 163.54 sq m (1,760 sq ft) 

Terms

LEASE/SALE TERMS

A rental of £16,250 per annum plus VAT is sought on the basis of a new Full Repairing & Insuring Lease on terms to be agreed. Immediate entry is available. Our client may consider selling their heritable interest in the property. Price on application.

Specification

  • Prominent retail pitch
  • Open plan sales area
  • Floor area: 164 sq m (1,760 sq ft)
  • Double window display frontage
  • Close to all amenities
  • Suitable for various uses
  • Immediate entry available


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