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12-16 Tulloch St 1,931 sq ft 100% Let Retail Property Dingwall IV15 9JZ £85,000 (£44.02/sq ft)



Investment Highlights
- WE ARE DELIGHTED TO PRESENT AN EXCEPTIONAL OPPORTUNITY TO ACQUIRE A FULLY TENANTED COMMERCIAL PROPERTY IN THE HEART OF DINGWALL
- HIGH POTENTIAL ANNUAL RENTAL YIELD OF 13.33% BASED ON MARKET RENTAL VALUE AND GUIDE PRICE
- THIS PROMINENT RETAIL UNIT BENEFITS FROM A CENTRAL HIGH STREET LOCATION, EXCELLENT FOOTFALL,AND STRONG LOCAL AMENITIES
Executive Summary
WE ARE DELIGHTED TO PRESENT AN EXCEPTIONAL OPPORTUNITY TO ACQUIRE A FULLY TENANTED COMMERCIAL PROPERTY IN THE HEART OF DINGWALL***THIS PROMINENT RETAIL UNIT BENEFITS FROM A CENTRAL HIGH STREET LOCATION, EXCELLENT FOOTFALL,AND STRONG LOCAL AMENITIES***HIGH POTENTIAL ANNUAL RENTAL YIELD OF 111.76% BASED ON MARKET RENTAL VALUE AND GUIDE PRICE***GREAT ASSET MANAGEMENT POTENTIAL***
***The property is currently let to Sirena Sun, a well-established and reputable tanning salon with a loyal customer base. The tenant has demonstrated consistent occupancy and business performance, making this a secure and attractive investment with immediate income.***
***KEY FEATURES***
- Prime high street location in Dingwall town centre
- Established, successful tenant Sirena Sun operating as tanning salon
- Well-maintained premises with modern fit-out
- Attractive yield potential - Currently let for £7,000 per annum NO VAT. Potential rent based on market rates of £10,000 per annum. High Potential annual rental yield of 11.76% based on market rental value and guide price.
- Strong local demand for commercial space
- The property is not subject VAT
***This is an ideal acquisition for investors seeking a low-maintenance, income-producing asset in a growing Highland town with good transport links and a supportive local economy.***
***RECENT NEARBY RESIDENTIAL PROPERTY SALES***
- Fairwinds, Upper Knockburn Road, Dingwall, IV15 9NR, 3 bedroom - SOLD Mar'25 - £255,000
- 36, Craig Road, Dingwall, IV15 9LF, 3 bedroom - SOLD Mar'25 - £240,000
- 21, Kintall Pace, Dingwall, IV15 9RL, 3 bedroom - SOLD Mar'25 - £230,000
***The property is currently let to Sirena Sun, a well-established and reputable tanning salon with a loyal customer base. The tenant has demonstrated consistent occupancy and business performance, making this a secure and attractive investment with immediate income.***
***KEY FEATURES***
- Prime high street location in Dingwall town centre
- Established, successful tenant Sirena Sun operating as tanning salon
- Well-maintained premises with modern fit-out
- Attractive yield potential - Currently let for £7,000 per annum NO VAT. Potential rent based on market rates of £10,000 per annum. High Potential annual rental yield of 11.76% based on market rental value and guide price.
- Strong local demand for commercial space
- The property is not subject VAT
***This is an ideal acquisition for investors seeking a low-maintenance, income-producing asset in a growing Highland town with good transport links and a supportive local economy.***
***RECENT NEARBY RESIDENTIAL PROPERTY SALES***
- Fairwinds, Upper Knockburn Road, Dingwall, IV15 9NR, 3 bedroom - SOLD Mar'25 - £255,000
- 36, Craig Road, Dingwall, IV15 9LF, 3 bedroom - SOLD Mar'25 - £240,000
- 21, Kintall Pace, Dingwall, IV15 9RL, 3 bedroom - SOLD Mar'25 - £230,000
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
1,931 sq ft
Costar Property Class
B
Year Built
1872
Price
£85,000
Price per sq ft
£44.02
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Frontage
61 ft on Tulloch Street
Amenities
- Security System
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Nearby Major Retailers
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Online Property Auction Group
12-16 Tulloch St
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