Town Centre Location
Prime Position
Dedicated Car Park
Let To Poundstretcher
16,099sq ft
New 5year Lease
Passing Rent: £XXXp.a.x.
Price: o/o £XXX
Location
The property is situated on a prominent position on Macleay Street and Kirk Lane on a busy area of Wick town centre. Wick is a town in the very north of Scotland, 104 miles (167.4km) north of Inverness with a population of approx. 7,000 people. It is accessible via the A99 or by train from Inverness. There is also a small airport with flights to Edinburgh and Aberdeen. Neighbouring occupiers include Bank of Scotland, Caithness General Hospital, Highlander kilts.
Property
The property forms a stand alone single storey commercial development of modern construction. The property offers a large frontage with multiple aluminium framed and glazed construction with dual automatic sliding door entrance.
Internally the property is presented in a standard Pounstretcher corporate specification layout with screeded concrete floors, suspended lighting, partitioned stores, w.c. facilities and staff room and tea prep areas to the rear. The property benefits from a dedicated car park
Lease Summary
The property is held on a full repairing and insuring head lease on the following terms;
Tenant: Poundstretcher
New 5 Year Lease
Tenant Break: 3rd year
Passing Rent: £XXXp.a.x
Area
The property has been calculated to extend to the following internal area:
1,495.6sqm (16,099sq ft)
Price
Offers over £XXX are invited
V.A.T.
The property has been elected for V.A.T. as such the transaction may be treated as a T.O.G.C (transfer of a going concern)
Legal
Each party shall bear their own legal costs incurred in the transaction
Lease & Title
Available on request
Viewing
Whilst it is a good idea to visit a property investment that is being marketed for sale as a customer before making a formal viewing, it is vitally important that such visits are carried out confidentially and that no approach is made to the staff, operators or customers of the business.
Many investments are being marketed confidentially and the staff and locals may not know that the property is on the market, therefore a casual approach can adversely affect the business
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