Lockhart House Tulloch Street Dingwall Ross Shire IV15 9JY

Lockhart House
Tulloch Street
Dingwall
Ross Shire
IV15 9JY

Heritable Dental Surgery Investment

Well Established Dental Surgery and Dental Laboratory since 1987
Dental Surgery Let to Oasis Healthcare Ltd Trading As Bupa Dental Care
On site car parking for 11 cars
Property benefits form a passenger lift
Nearby occupiers include Lidl, Tesco, Bank of Scotland and a number of national and local retailers
VAT-free investment

Lot
44
Auction
31st March 2022
Rent
£40,000 per Annum
Status
Sold
Price
£370,000
Auction Venue
Live Streamed Auction

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Heritable Dental Surgery Investment

Well Established Dental Surgery and Dental Laboratory since 1987
Dental Surgery Let to Oasis Healthcare Ltd Trading As Bupa Dental Care
On site car parking for 11 cars
Property benefits form a passenger lift
Nearby occupiers include Lidl, Tesco, Bank of Scotland and a number of national and local retailers
VAT-free investment

Lot 44
Auction 31st March 2022
Rent £40,000 per Annum
Status Sold
Price £370,000
Sector
Medical Centre/Doctors, Healthcare
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 15 miles north west of Inverness
Roads: A835, A9
Rail: Dingwall Railway station
Air: Inverness Airport

Situation

Dingwall, located 15 miles north west of Inverness is the main administrative hub for Ross-shire and has a population of circa 5,500. The property is situated on the west side of Tulloch Street, at the junction with Mart Road and near the High Street. Neighbouring occupiers include Tesco, Lidl, Bank of Scotland, and a number of national and local traders.

Tenure

Heritable.

Location

Miles: 15 miles north west of Inverness
Roads: A835, A9
Rail: Dingwall Railway station
Air: Inverness Airport

Situation

Tenure

Heritable.

Description

The property comprises the first and part second floors of a modern property. The upper floors are accessed by stairs and lift from an entrance on Mart Road. At first floor is a dental surgery with dental laboratories at second floor. There is a residential flat at second floor but this is in separate ownership and not included in the sale.

VAT

VAT is not applicable to this lot.

EPC

Band G. See Legal Pack.

Description

VAT

VAT is not applicable to this lot.

EPC

Band G. See Legal Pack.

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m	Floor Areas Approx sq ft	Tenant	Term	Rent p.a.x.	Rent Review
First	Dental Surgery	217.67	2,343	OASIS HEALTHCARE LTD T/A Bupa Dental Care (1)	10 years from 23/6/2017 to 22/ 06/2027	£30,000	23/06/2022
Second	Dental Laboratory	73.02	786	WYVIS COSMETIC DENTAL LABORATORY LTD	10 years from 23/6/2017 to 22/ 06/2027	£5,400	23/06/2022
Second	Dental Laboratory	62.15	669	CACTUS DENTAL TECHNOLOGY LTD	10 years from 23/6/2017 to 22/ 06/2027	£4,600	23/06/2022
Total		353.19	3,798			£40,000

(1) Oasis Healthcare Limited is a wholly owned subsidiary of BUPA. BUPA operate over 400 NHS and private dental practices throughout the UK

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.