- LEASE FROM £10,500 PER ANNUM
- 524 FT2
- PROMINENT RETAIL PITCH IN TOWN CENTRE
- GOOD LEVELS OF PARKING
- CLASS 1 OR 2 USE
- PROMINENT FRONTAGE
- 100% RATES RELIEF (SUBJECT TO QUALIFICATION)
- HIGH LEVELS OF PASSING TRADE
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 position on the Eastern 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 Whisky Shop.
The subjects comprise a ground floor retail unit contained within a three storey building of stone construction surmounted by a pitched and slated roof.
Internally the accommodation has been arranged to provide open plan front sales area, with rear storage space and w.c.
The subjects benefit from having Class 2 consent and can trade as either an Office use or Class 1 Retail use. Alternative uses such as class 3 might be considered, subject to obtaining the relevant planning consents.
Included in the lease is a small remote store located to the rear of the unit.
The landlord has obtained building warrants to reconfigure the unit into an open plan layout and will be undertaking the work and refurbishing the whole unit shortly.
Lease from £10,500 per annum for a new FRI lease.
From sizes taken during our inspection we calculate the subject property, measured in accordance with the RICS Code of Measurement Practice (second edition, January 2018) to extend to the following approximate gross internal area (GIA):
All queries in relation to redevelopment/ reconfiguration of the subjects should be addressed to Argyll and Bute Council Planning Department.
A closing date may be set and all interested parties should make a note of interest at the offices of the Sole 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.
All prices, premiums and rents quoted are exclusive of VAT.
Rateable value £6,700.