Let to Highland Industries Limited (t/a The Whisky Shop)
Tenant has been in occupation since 1996
Lease extension until June 2027
Popular tourist destination close to Ben Nevis and Glencoe
Prominent pedestrianised town centre location
Nearby occupiers include Costa Coffee, British Heart Foundation, Superdrug, Virgin Money and Lloyds Pharmacy
VAT-free Investment
Lot 38
Auction 12th July 2022
Rent £14,000 per Annum
Status Sold
Price £147,000
Sector High Street Retail
Auction Venue Live Streamed Auction
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 (70 miles east)
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 Lloyds Pharmacy, Virgin Money, Costa Coffee, British Heart Foundation, Superdrug and Bank of Scotland, as well as a 60 bed Travelodge hotel.
Tenure
Heritable. Scotish 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 (70 miles east)
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 Lloyds Pharmacy, Virgin Money, Costa Coffee, British Heart Foundation, Superdrug and Bank of Scotland, as well as a 60 bed Travelodge hotel.
Tenure
Heritable. Scotish 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 loading area and car parking for 2 cars at the rear.
VAT
VAT is not applicable to this lot.
EPC
See 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 loading area and car parking for 2 cars at the rear.
VAT
VAT is not applicable to this lot.
EPC
See legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas (Approx sq ft)
Tenant
Term
Rent p.a.x.
Ground Basement
Retail Stock
46.50 sq m 49.61 sq m
(501 sq ft) (534 sq ft)
HIGHLAND INDUSTRIES LIMITED (1) (t/a The Whisky Shop)
31 years from 24/06/1996 until 24/06/2027 (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
If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
