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. Floor area Total: 163.54 m2 (1,760 ft2). The unit has the benefit of a large glazed display frontage.
Location
The subject property occupies a prominent position on the southern side of 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 forms part of the main thoroughfare through the city centre leading to the Eastgate Shopping Centre at its southern end. Surrounding occupiers include the Pentahotel, Mangrove Indian Restaurant, Dominos Pizza, Nickel 'N' Dime and Goskirk Pettinger Optometrists
Accommodation
Ground Floor 91.43sq m (984sq ft )
Basement 72.11 sq m (776sq ft )
Total: 163.54sq m ( 1,760sq ft )
Terms
RATEABLE VALUE NAV/RV: £15,750. The property qualifies for 25% rates relief in terms of the Small Business Bonus Scheme
PLANNING Suitable for Class 1 (Shops), Class 2 (Financial, Professional and Other Services) and Class 4 (Business) Uses, subject to planning consent . Please discuss any proposals with the marketing agents .
LEASE DETAILS The unit is available on full repairing and insuring lease terms for a period to be agreed . A rental of £16 ,250 per annum, exclusive of VAT, is sought .
SALE Our client may consider a sale of their heritable interest in the property . Please speak to the marketing agents for further information .
EPC The property has an EPC rating of “E” . The Energy Performance Certificate and Recommendations Report are available on request .
VAT VAT will not apply to any transaction .
COSTS Each party will bear their own legal costs . The incoming tenant/purchaser will be liable for any LBTT, Registration Dues and VAT thereon
Specification
- PROMINENT PITCH
- LARGE GLAZED FRONTAGE
- SUITABLE FOR VARIOUS USES STP
- EARLY ENTRY AVAILABLE
- QUALIFIES FOR 25% RATES RELIEF