Retail Unit - To Let
Subject to Vacant Possession
Rent: Offers over £55,000 pa
Oban is situated on the west coast of Scotland, approximately 90 miles north west of Glasgow and some 40 miles south of Fort William. The town has a resident population of c.9,000 persons and a catchment in excess of 32,000 during the summer months, benefiting from a strong tourist draw.
Oban services the nearby islands via the ferry terminal which generates approximately 775,000 people each year.
The subjects occupy a 100% prime position on the corner of George Street and Argyll Street. Nearby occupiers include Fat Face, Boots, New Look, Royal Bank of Scotland, Mountain Warehouse and WH Smith.
The premises are arranged over ground floor and comprise the following approximate net internal area:
Ground Floor: 1,931 sq ft / 179.46 sqm
The premises are available by way of a new FRI lease.
Offers over £55,000 pa
Rateable Value: £52,500
UBR (2021/22): £0.503
Rates Payable: £26,408 pa
The premises benefit from having Class 1 (Retail) consent and has an EPC rating of E.
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.