TO LET – 24 ARGYLL SQUARE, OBAN, PA34 4AT
A PROMINENT CORNER SHOP UNIT IN A PRIME TOWN CENTRE TRADING POSITION
68 Square Metres (732 Square Feet) plus Storage
Rental Offers of £15,000 Invited
General: Argyll Square is the hub of Oban’s commercial activity with this retail shop unit occupying a prominent corner position on the ground floor of a traditional four-storey tenement building. The building has a communal rear yard which includes an outbuilding providing useful dry storage for the exclusive use of this shop’s tenant.
Premises: The floor area extends in all to approximately 68 square metres (732 square feet) which includes a staff room with kitchen sink unit, tea making facilities, a Toilet with w.c. and wash basin and a rear access door to the yard. The unit has highly visible return frontage to both Argyll Square and Albany Street providing 5 sizeable display windows fitted with retractable awnings and a recessed central entrance door. The sales area is extensively fitted with custom-built shelving, recessed fluorescent lighting and spot lights. There is an operational intruder alarm system and mains electricity, water and drainage connections.
Business: Blacks Town & Country, the business presently conducted from the premises, is a long established retailer of country clothing and accessories representing such premium brands as Barbour, Hoggs of Fife and Didriksons. Any applicant interested in continuing this line of business will have the opportunity to purchase stock at cost price.
Planning: The premises benefit from Class 1 (Retail) use but could, subject to the necessary change of use consents, be considered suitable for Class 2 (financial and professional services) and possibly also Class 3 (hot food).
Rates: The Rateable Value of the property is £12,400. Eligible occupiers could therefore qualify for 100% rates relief under Argyll & Bute Council’s Small Business Bonus Scheme.
Lease: The premises are offered on lease for a negotiable period on a full insuring and repairing (FRI) basis with rent reviews at appropriate intervals. Early entry with vacant possession is available.
Rent: Rental offers of £15,000 per annum exclusive of VAT (if applicable) are sought.
Legal Costs: Each party will be responsible for their own costs incurred in the transaction.
Energy Rating: G188. A copy of the Energy Performance Certificate is available on request.
Viewing: The premises may be viewed by prior arrangement with the Letting Agents.
Money Laundering Regulations: Under current AML regulations we are required to carry out due diligence on the successful applicant in order for the transaction to proceed.