Let to Highland Industries Limited (t/a The Whisky Shop)
Lease extension for further 5 years from June 2016
Popular tourist destination close to Ben Nevis and Glencoe
Prominent pedestrianised town centre location
Nearby occupiers include Costa Coffee, British Heart Foundation, Superdrug and Bank of Scotland
VAT-free Investment
Lot 27
Auction 19th October 2017
Rent
Status Sold
Price £150,000
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
64 miles south-west of Inverness
105 miles north-west of Glasgow
Roads
A82, A830
Rail
Fort William Railway Station
Air
Inverness Airport
Situation
Fort William is the largest town in the West Highlands and is a popular tourist destination year round, due to its proximity to Ben Nevis and Glencoe. The property is prominently situated in the heart of the town centre, on the western side of the pedestrianised High Street. Nearby occupiers include Costa Coffee, British Heart Foundation, Superdrug and Bank of Scotland, as well as a 60 bed Travelodge hotel.
Tenure
Heritable. (Scottish Equivalent of English Freehold).
Location
Miles
64 miles south-west of Inverness
105 miles north-west of Glasgow
Roads
A82, A830
Rail
Fort William Railway Station
Air
Inverness Airport
Situation
Fort William is the largest town in the West Highlands and is a popular tourist destination year round, due to its proximity to Ben Nevis and Glencoe. The property is prominently situated in the heart of the town centre, on the western side of the pedestrianised High Street. Nearby occupiers include Costa Coffee, British Heart Foundation, Superdrug and Bank of Scotland, as well as a 60 bed Travelodge hotel.
Tenure
Heritable. (Scottish Equivalent of English Freehold).
Description
The property comprises a ground floor retail unit with basement ancillary accommodation, forming part of a larger building. The property benefits from car parking for 2 cars at the rear.
VAT
VAT is not applicable to this lot.
Completion Period
Six week completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor retail unit with basement ancillary accommodation, forming part of a larger building. The property benefits from car parking for 2 cars at the rear.
VAT
VAT is not applicable to this lot.
Completion Period
Six week completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Ground Basement
Retail Ancillary
46.50 sq m 49.61 sq m
(501 sq ft) (534 sq ft)
HIGHLAND INDUSTRIES LIMITED t/a The Whisky Shop (1)
25 years from 24/06/1996 until 24/06/2021 (by way of lease extension) on a full repairing and insuring lease
£14,000
Total
96.11 sq m
(1,035 sq ft)
£14,000
(1) Highland Industries Limited are a subsidiary of Glenkeir Whiskies Limited who trade as The Whisky Shop. The Whisky Shop are specialist retailers of whiskies, other premium spirits and liqueurs and operate around 18 stores across the UK, including shops in London Piccadilly, Bath, Oxford, Guildford, Brighton and Edinburgh (Source: www.whiskyshop.com 01/09/2017).