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109 High St 2,196 sq ft Retail Property Nairn IV12 4DB £60,000 (£27.32/sq ft)
INVESTMENT HIGHLIGHTS
- Well Established Trading location
- Held on F.R.I Lease
- Ground Floor
EXECUTIVE SUMMARY
The property is held on an F.R.I Lease to Duncan & Todd Ltd expiring 3rd July 2032 with a passing annual rent of £5,000 per annum. We understand there are no provisions for tenant break options.
The property comprises ground floor commercial unit set with a larger development of traditional sandstone construction surmounted by a pitched roof. The property offers a single display window frontage with partially recessed entrance door accessible from street level. Internally the property offers on open plan retalling space with partitions erected to form private consultation room and WC facility to the rear.
The property comprises ground floor commercial unit set with a larger development of traditional sandstone construction surmounted by a pitched roof. The property offers a single display window frontage with partially recessed entrance door accessible from street level. Internally the property offers on open plan retalling space with partitions erected to form private consultation room and WC facility to the rear.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Size
2,196 sq ft
Costar Property Class
C
Year Built
1850
Price
£60,000
Price per sq ft
£27.32
Tenancy
Single
Number of Floors
3
Plot ratio
1.26
Total Plot Size
0.04 ac
Frontage
30 ft on High Street
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109 High St
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