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High Street Commercial Investment, 51 High Street, Grantown on Spey, PH26 3ES

712 Sq Ft / Retail / General Retail

Sold - Last updated: 15 October 2022

The property comprises an end terraced, ground floor commercial unit set within a 2 storey mixed use development of stone construction surmounted by a pitched roof with dormers overlaid in slate. 

The unit under consideration offers triple, floor to ceiling display windows with marble clad frames, and access via a steel framed and glazed entrance door. 

Internally, the property has been fitted out by the tenant to suit their requirements with an open plan sales area to the front with a variance of floor coverings such as carpet and linoleum with lighting provided by way of halogen spots and fluorescent strips within the suspended ceiling. 

Location

The property is situated on a the north side of High Street in Grantown On Spey, in the north of Scotland. Grab town On Spey is a town in the Highlands, situated on the northern edge of the Cairngorm mountain range within the cairngorm national park area, approximately 20miles south east of Inverness. 

Neighbouring occupiers include Lloyds Pharmacy, Walkers Shortbread, Gand View Care Home and the Ben Mhor Hotel.

Accommodation

The property has been calculated on a net internal area basis to offer the following: 

Ground 69.12 sqm (712 sq ft)

Terms

NAV/RV - The property has been entered onto the valuation roll with the following NAV/RV; £8,000 

Price - £110,000

Executive Summary: 

Tenant: Personal Name - Operating as a gift shop

Expiry: 16th May 2026 

Rent: £10,000 per annum 

V.A.T - V.A.T. Free Investment

Legal Costs - Each party shall bear their own legal costs incurred in the transaction 

Anti-Money Laundering - In order to comply with anti-money laundering legislation, the successful purchaser / tenant will be required to provide certain identification documents. The required documents will be confirmed to and requested at the relevant time. 

Specification

  • High Street Commercial Unit
  • Triple Display Windows
  • Ground Floor
  • Rates Exempt
  • 712sq ft
  • Lease Expiry 16th May 2026
  • Passing Rent: £10,XXX.a.
  • Guide Price: £110,000


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