Unit 1, Airds Crossing, 2 High Street Unit 1, Airds Crossing, 2 High Street, Fort William, PH33 6EU

UNIT 1, AIRDS CROSSING, 2 HIGH STREET, Fort William - Picture 2024-05-08-15-04-37
Use Class

Use Class

E

Price

Price

£1,165,000

  • Prime location in the “Outdoor Capital of the UK” Fort William, a popular tourist location in the West Highlands of Scotland

  • Index linked long income secured against the undoubted financial covenant of Tesco Stores Limited until 22/01/2043

  • Tesco relocated to the subject property in 2023, right sizing their store for long term occupation

  • The Original Factory Store (TOFS) have recently committed to a new lease of the adjoining unit which extends to approx. 11,000 sq ft

  • Ground floor unit extending to 4,068 sq ft with dedicated service yard to the rear

  • Passing rent of £77,000 per annum with the next RPI linked rent review due 23/01/2028

  • Offers over £1,165,000 reflecting a net initial yield of 6.25%, assuming standard purchaser’s costs

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 13/05/2024