TOWN CENTRE CLASS 2/1 GROUND FLOOR PREMISES WITH PROMINENT FRONTAGE - HIGH STREET, WICK

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Prime High Street Location
Ground Floor
1,207sq ft
Rates Exempt
Rent: £11,000per annum
Sale: £110,000

Location

The property is situated on the north side of High Street, at its junction with Bridge Street within the main retailing and commercial parade of Wick.
Wick is a town in the very north of Scotland, 104 miles (167.4km) north of Inverness with a population of approx. 7,000 people.  It is accessible via the A99 or by train from Inverness.  There is also a small airport with flights to Edinburgh and Aberdeen. The property is in a good central location on the main retail pitch and surrounding properties include M&Co and Ladbrokes.

Property

The property comprises the ground floor of a 2 storey traditional sandstone development formerly occupied by T.S.B.

Access is gained via a single door at the westernmost side of the front leading to an open plan former banking hall with partitions erected to form rear counter, private officer, cash machine room, w.c’s and tea prep area.

The property currently benefits from class 2 consent however may lend itself to class 1 or hot food consent (subject to obtaining necessary consents)

Area

112sqm (1,207sq ft)

NAV/RV

The property has been entered onto the valuation roll with the following NAV/RV

£11,500

The property qualifies for 100% rates relief through the Small Business Bonus Scheme subject to occupier status.

Rent

The property is available on a new full repairing and insuring head lease for a negotiable term for £11,000per annum

Price

Our client would dispose of their freehold interest for £110,000

V.A.T

Prices quoted are exclusive of V.A.T

E.P.C

Available on request

Title

Available on request

Viewing

By appointment only, alternatively virtual viewings can be booked.

Legal

Each party shall bear their own legal costs incurred in the transaction

Anti-Money Laundering

In order to comply with anti-money laundering legislation, the successful purchaser / tenant will be required to provide certain identification documents. The required documents will be confirmed to and requested at the relevant time.