The subjects comprise a ground floor shop located on Fort William’s pedestrianised High Street.
Location
Fort William offers superb potential to access the high visitor volumes that literally descend on the town each year. Under Ben Nevis, the highest mountain in the UK, the town has become an outdoor mecca, with a constant stream of walkers, bikers, climbers, skiers and tourists visiting.
The successful development of Nevis Range ski resort began to establish a year-long season to the town in the 1990’s, but the winning in 2001 and retaining ever since of the Mountain Bike World Cup has really put the town on the world map! It also forms the administrative centre for the Lochaber area, renowned for mountain and coastal scenery which has been enticing visitors for many years. The local population of just 10,000 is swamped by annual visitors numbering half a million!
A mix of multiple and local retailers characterise the High Street, with Blacks, Edinburgh Woollen Mill and Trespass all represented.
Accommodation
The sales area is fitted with wall linings and some built-in display units but is capable of stripping back to leave a clear space. The back shop is fitted with further shelving and incorporates a sink unit.
Ground Floor Sales: 46.21 sq m (497 sq ft)
Back Shop/staff area: 12.12 sq m (130 sq ft)
Toilet located to rear
Terms
LEASE TERMS - The property is held on a lease expiring in 2017, the Tenant having full repairing liability. The current rent is £20,000 per annum.
An assignation of the lease at NIL premium is offered, or alternatively, a short term sub-lease.
RATES - The shop is entered in the Valuation Roll at a Rateable Value of £12,000. The 2012/13 Rate poundage is £0.45.
SERVICES - The property is connected to mains water, drainage and electricity. Storage heaters are fitted to the sales and staff areas and lighting is by fluorescent fittings.
Specification
- HIGH FOOTFALL IN TOURIST CENTRE
- LEASEHOLD INTEREST
- SHORT-TERM OPTIONS