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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted

INCOME PRODUCING INVESTMENT*** Ground Floor retail Unit in in EXCELLENT TRADING POSITION. Pizza Hut franchise in occupation Held on 15year FRI Lease (2041 Expiry) 10year Guaranteed Income***

To be let to Pizza Hut franchisee Glenshire Brands (1) Ltd producing £35,000pa on a lease expiring 2041 5 yearly OMV rent reviews with capped 10% uplift

The property forms part of a larger building not included in the sale. The area has been calculated to extend to the following net areas: Ground floor 140.46 sqm (1512 sq ft)

VAT FREE PURCHASE***PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** 10year Guaranteed Income (MINIMUM £350,000 Over 10years)

HIGH DEMAND RENTAL LOCATION Occupiers close by include TK Maxx, Sports Direct, Dominos and Travelodge. Located c. 150m from Inverness Railway & Bus Station

INCOME PRODUCING INVESTMENT*** Ground Floor retail Unit in in EXCELLENT TRADING POSITION. Pizza Hut franchise in occupation producing £35,000 per annum on a FRI Lease. VAT FREE PURCHASE To be let to Pizza Hut franchisee Glenshire Brands (1) Ltd on a lease expiring 2041 5 yearly OMV rent reviews with capped 10% uplift The property forms part of a larger building not included in the sale. The area has been calculated to extend to the following net areas: Ground floor 140.46 sqm (1512 sq ft) PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Rental £35,000 PER ANNUM HIGH DEMAND RENTAL LOCATION Occupiers close by include TK Maxx, Sports Direct, Dominos and Travelodge. Located c. 150m from Inverness Railway & Bus Station

Strothers Lane is a street in the city centre of Inverness, Scotland — located close to Inverness Railway Station, Queensgate, Academy Street and the main bus station in the city with good footfall and transport links The street hosts: Cafés and social enterprises, Offices and professional services and Community organisations. Inverness is known as the Capital of the Highlands. It sits at the northern end of the Great Glen, right where the River Ness meets the Moray Firth. It’s scenic, historic, and surprisingly busy.

Full Address: 10 Strothers Lane, Pizza Hut, Inverness, IV1 1LR

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Map & Location

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 5 Years
Rent: £35,000 per year / £2,917 per month
Yield: 10% (approx)
Tenant: Company
Notes: To be let to Pizza Hut franchisee Glenshire Brands (1) Ltd on a lease expiring 2041 5 yearly OMV rent reviews with capped 10% uplift

Document Downloads

  Legal Docs (Pending)

* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

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Pricing Information & Bidding

Opening Bid: £338,000

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SPECIAL Terms of Sale

  • 10% Deposit (Minimum £3,000)
  • Buyers Fee = 3% 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.

* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

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Auction Details

Date & Time: 19 February 2026, 10am-3pm
Type: Timed Online Auction

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