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35-39 High Street 35-39 High Street, Inverness, IV1 1HT

£ 85,000 pa / 7,122 sq ft
35-39 High Street, Inverness - Picture 2018-10-10-10-36-01
Use Class

Use Class

E(a)

Size

Size

7,122 sq ft

Rent pa

Rent pa

£85,000

Price

Price

£1,250,000

RETAIL UNIT - FOR SALE/MAY LET

The subjects comprise a modern fitted retail unit.

  • Prime pedestrianised High Street location.

  • WH Smith, Superdrug, McDonalds, Clarks, HSBC all nearby

  • Located close to prime Eastgate Shopping Centre - M&S, Boots the Chemist, H&M, etc.

Inverness has a large and loyal catchment population of c. 153,000 persons, within a wider catchment of 304,000 persons. The city is the administrative centre for Highlands Council and experiences very high tourist influx (c. 2.3m visitors per year) with retail spend of approx. £287m. Inverness is home to the Highlands & Islands University – 7,000 students based in Inverness and new campus being constructed over 215 acres in east Inverness at a cost of £200m. The subjects are positioned in a prime position on High Street close to the prime Eastgate Centre. Nearby occupiers include WH Smith, Superdrug, McDonalds, Clarks, Mountain Warehouse, HSBC, etc.

Key Information

Viewing

Strictly by appointment.

Accommodation

7,122 Sq.Ft

Areas
Sq.Ft
Sq.M
Ground Floor
3,373
313
Basement
3,749
348

Financial

Lease Term

The property is available either by way of a new effectively full repairing and insuring lease for a term to be agreed, or a freehold sale.

Rent

Subject to contract, rental offers are invited in the region of £85000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Rates

We are verbally informed by the Local Rating Authority that the premises have been assessed for rating purposes as shown above. Interested parties are advised to make their own enquiries to the Local Authority.

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Tenure

Freehold / Leasehold - The property is available either by way of a new effectively full repairing and insuring lease for a term to be agreed, or a freehold sale.

Rates

Rateable Year:
2018
Rateable Value:
£114,750.00
Rates payable:
£58,064.00
UBR:
50.6p/£

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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This was last updated on 18/01/2022