PROMINENT RETAIL/OFFICE PREMISES OBAN – TO LET MAY SELL

Let
  • LEASE FROM £1,125.00 PER MONTH
  • INCENTIVES AVAILABLE
  • READY FOR IMMEDIATE OCCUPATION
  • PROMINENT RETAIL PITCH IN TOWN CENTRE
  • GOOD LEVELS OF PARKING
  • LARGE RETURN FRONTAGE
  • CLASS 1 OR 2 USE

 

LOCATION

Oban is situated on the west coast of Scotland, approximately 100 miles north of Glasgow and 50 miles south of Fort William. The town has a resident population of 9,000 people, with a catchment of approximately 30,000, which increases considerably during the peak summer tourist season.

The subjects occupy a prominent corner position on the west side of George Street, the main vehicular road and retailing thoroughfare of Oban. Nearby occupiers include Trespass, William Hill, Specsavers, Rogerson Fine Footwear, Timpson, Mountain Warehouse, Oxfam and the WhiskyShop.

DESCRIPTION

The subjects comprise a retail / office premises over the ground floor only of a three storey property of brick construction, with a newly rendered external finish, set beneath a refurbished tiled pitched roof.

Internally the accommodation has been arranged to provide open plan sales, with ancillary office / storage space. Accompanied with a staff tea prep area and single WC.

FLOOR AREAS

From sizes taken during our inspection we calculate the Net Internal Area measured in accordance with the RICS Property Measurement Professional Statement (First Edition, May 2015) to extend to:

Floor                                                     sq ft                   sq m

Ground                                                     836               (77.67)

Net Frontage                            36 ft 9 Ins      (11.20m)

PROPOSAL

Rental offers in excess of £13,500 per annum exclusive are invited. Our clients may consider disposing of their heritable interest in the property. Further information available by request.

RATING

The Rateable Value of the property is £17,100.

This is currently under appeal with the hope that the rateable value will decrease to below the relief threshold (£15,000).

PLANNING

The subjects benefit from having Class 2 consent and can trade as either an Office use or Class 1 Retail use. Alternative uses might be considered, subject to any ingoing tenant obtaining the relative planning consents.

CLOSING DATE

A closing date may be set and all interested parties should make a note of interest at the offices of the joint agent.  We reserve the right to sell or let the property without setting a closing date and we are not obliged to accept the highest or indeed any offer for the sale or lease of the property.

VAT

All prices, premiums and rents quoted are exclusive of VAT.

EPC

G – A copy of the EPC and Recommendation Report can be provided upon request.

 

PUBLICATION DATE 13/06/2018

Price:£13,500 p.a.
Address:89/91 George Street
City:Oban
Postcode:PA34 5NN
Floors:1
Square Feet:836
Property Type:Retail Unit/Office

Location Map