Description
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Vacant
Vacant commercial unit over Ground, 1st & 2nd Floors. SUPERSIZED 5,266sq ft Located in PRIME RETAIL LOCATION Permitted Change of Use To Class 3
Expected Rent In Excess Of £100,000p.a.x.
The property has been calculated to extend to the following net internal area;
Ground: 163.09sqm (1,755sq ft)
1st: 184.89sqm (1,990sq ft)
2nd: 141.27sqm (1,521sq ft)
Total: 489.25sqm (5,266sq ft)
COMPROMISES: Open plan sales area with disabled WC, small stock area and staircases to the office and stock areas. The first floor provides office and staff WCs
There is a further staircase which provides access to the second floor store and staff kitchen and changing areas. There is also a micro-lift that serves all three floors.
PRIME LOCATION Occupiers in the surrounding area
include a mixture of local & national
occupiers including Marks & Spencers,
Costa Coffee, Bank of Scotland, Slaters
Menswear, Lush and Café Nero.
The subjects occupy a 100% prime
pitch and are located on the south side
of the High Street which connects to Eastgate in the east and Bridge Street
to the west. The property lies within easy walking distance of the Eastgate Shopping Centre as well as other amenities including bus and railway stations and public car parking.
With the resident population in the
region of 65,000, Inverness is the
commercial administrative hub for
the Highlands of Scotland and is
one of the fastest growing cities in the UK. This vibrant city also has a wider catchment population of approximately 350,000, serving as a key economic and cultural centre for
the surrounding Highland region.
Full Address: 40-42 High Street, Tenanted Investment, Inverness, IV1 1JE
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Map & Location
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Special Terms of Sale
-
Deposit (?) 5% of Sale Price
-
Buyers Fee
(?) 1% of Sale Price (Minimum of £3250 +vat)
Please use our
PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.
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Pricing Information & Bidding
What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).
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SPECIAL Terms of Sale
- 5% Deposit
- Buyers Fee = 1% of Sale Price (Minimum £3,250 + vat)
- 4 Weeks Completion or Longer By Agreement
- Contribution to Sellers Costs £2,750 for on time settlement
VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.
Payment Calculator
Please use our
PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.
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Auction Details
Date & Time: 11 September 2025, 10am-3pm
Type: Timed Online Auction
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