The City of Inverness lies c. 105 miles northwest of Aberdeen and c.160 miles north of Edinburgh and Glasgow. With a resident population exceeding 65,000 persons, the catchment is significantly broader, reflecting the city’s status as the retail, commercial and administrative centre for the Highland and Islands Region. Transport links are excellent;
Inverness Rail Station, a major generator of tourist footfall, lies less than 5 minutes’ walk from the subjects, whilst the A9 (Aviemore, Perth and beyond to the south, Ullapool and the NC500 to the north) is located 1 mile from the city centre and Inverness Airport a mere 7 miles.
Retail facilities within Inverness are focused upon the Eastgate Shopping Centre together with the pedestrianised High Street. The subjects are therefore located in a truly 100% prime location at the intersection of High Street with Eastgate. Neighbouring occupiers include the likes of Marks and Spencer, Krispy Kreme, Bank of Scotland, Slater Menswear and Mountain Warehouse.
The subjects comprise a stone building over ground and first floors, benefitting from full display frontage to the High Street.
We are advised that the unit extends to the following areas and dimensions:-
Gross Frontage: 23’ 0” (7.0 m)
Ground Floor: 1,006 ft² (93.49 m²)
1st Floor: 742 ft² (66.96 m²)
An EPC has been commissioned, further details on request.
The property is entered in the Valuation Roll as follows:
Description: Shop
Rateable Value (‘25/’26): £38,000
The subjects are offered on a new FRI lease with entry available by agreement.
We are seeking a rent in excess of £45,000 per annum exclusive.
Each party will be responsible for their own legal costs incurred in the transaction.
All terms are quoted net of VAT where applicable.
All appointments to view should be made through this office.
To comply with Money Laundering Regulations we are legally required to undertake due diligence on prospective tenants, which will include proof of identity/address and funding. Applicable documentation will therefore be required on agreement of Heads of Terms.
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| Inverness 47 High Street.pdf |