Held on F.R.I Lease
Ground & Basement
Expiry 14th February 2022
Passing Rent: £12,000p.a
Price on Request
The subjects are situated at the northern end of George Street, Oban’s premier retailing location, and highly visible to vehicular and pedestrian traffic entering the town.
Oban is the principal town of North Argyll serving a large rural area of the Highlands and Islands. The town is a main ferry port and railway terminal with a large number of daily ferry sailings to a variety of Inner and Outer Hebridean islands and with regular train services to Glasgow via the famous West Highland line. The town is a very popular tourist destination in its own right throughout the year however particularly in the summer months. The town has an excellent range of retail, commercial and educational facilities as well as a leisure centre, two gymnasiums and cultural facilities. Oban has a resident population of around 9,000 people and a catchment of over 20,000, which increases significantly during the peak tourist season.
Nearby occupiers include McColl’s, Cancer Research, Oxfam and McEwen’s of Perth. The train and bus stations and the ferry terminal are a short walk away and there is on-street car parking in George Street with additional town centre car parks located within a short distance.
The property comprises a ground floor retail unit with single frontage, set within a single storey retail parade of sandstone construction, surmounted by a flat roof overlaid in felt.
The subjects benefit from twin display windows flanking the recessed entrance, with access via a single timber framed glazed door.
Internally the property has been refurbished by the tenant with lighting provided by way of fluorescent strips mounted on the suspended acoustic tile ceiling, with floors overlaid in laminated timber.
The unit has been partitioned internally to form private office / workshop, tea prep area and w.c with access to the basement gained via a single timber stair case.
The property has been measured on a net internal area basis to extend to the following floor area;
Ground: 110.4sqm (1,188sq ft)
Bsm: 35.4sqm (381sq ft)
Total: 145.8sqm (1,569sq ft)
The property is held on a full repairing & insuring lease on the following terms;
Tenant: Phoneclinic4U Limited
Term: 15/2/17 - 14/2/22
Passing Rent: £12,000p.a
Sub-Lease: The property has been sub-let to H3 Enterprises Ltd, expiring in sequence with the head lease expiry date.
Business Name: “Oban Mobile Phone Shop”
Freehold price available on request
Figures quoted are exclusive of V.A.T
Each party shall bear their own legal costs incurred in the transaction
No direct approach is to be made to the tenant, viewing as a customer can be carried out during normal trading hours. A more detailed viewing must be made on request.