Retail Unit to Let
Oban is situated on the west coast of Scotland, approximately 100 miles north of Glasgow and 40 miles south of Fort William. The town has a resident population of 10,000 persons and a catchment in excess of 30,000 which increases substantially during the tourist season. Oban serves as one of the main ferry terminals on the west coast of Scotland serving both the Inner and Outer Hebrides including Mull, Tiree and Barra.
George Street serves as the principal retail thoroughfare within Oban. The subject property is located on the west side of George Street in the block bounded by William Street to the north and John Street to the south. Nearby occupiers include Oxfam, Yorkshire Building Society, McColls and a variety of local traders.
The subject property comprises a double windowed retail unit arranged over ground floor and first floor in a 4 storey stone built tenement building. At ground floor, the sales area is to the front of the property with a storage room at the rear. The first floor space is used as a staff and office area. The subjects comprise the following approximate net internal areas:
Ground Floor (Sales): 1,184 sq ft / 110 sqm
First Floor (Storage): 299 sq ft / 27.78 sqm
The premises are available by way of a new FRI lease from 27 February 2022.
Offers of £25,000 pa.
Rateable Value: £11,900
The premises qualify for 100% Business Rates Relief (no rates payable) under the Small Business Bonus Scheme. Each interested party should satisfy themselves on the rates relief with the appropriate authority.
The premises benefit from having Class 1 consent.
The property has an EPC rating of F.
Each party to be responsible for their own legal and professional costs incurred in this transaction. For the avoidance of doubt the ingoing tenant will be responsible for Land & Buildings Transaction Tax (LBTT), registration dues and any VAT payable thereon.
ORINSEN, their clients and any joint agents give notice that:
They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.
Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It is assumed that the property has all necessary planning, building regulations or other consents and ORINSEN have not tested any services, equipment or facilities.
Purchasers must satisfy themselves by inspection or otherwise.Unless otherwise stated all prices and rents are quoted exclusive of VAT. Prospective purchasers or lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction.