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19-21 Airds Crescent 810 sq ft Office Unit Offered at £130,000 in Oban PA34 5SJ
INVESTMENT HIGHLIGHTS
- Oban town centre investment opportunity
- The subjects benefit from large display windows fronting to Airds Crescent
- There is a good selection of both local and national operators in the immediate vicinity
EXECUTIVE SUMMARY
The subject property is located to the east of Argyll Square within Oban town centre on Airds Crescent a one -way street which is directly accessed from the main thoroughfare of George Street (A85 ) and leads to Crombie Road (A816 ) and thereafter Soroba Road. There is on street parking to the front of the property. There is a good selection of both local and national operators in the immediate vicinity. The property comprises the ground floor of a wider 3 -storey and attic mid terraced tenement block of traditional stone construction under a slated pitched roof. The external walls of the ground floor unit have been painted to reflect the current occupier’s corporate branding. The subjects benefit from large display windows fronting to Airds Crescent with access via a UPV door at pavement level. There is a small single storey extension to the rear of the ground floor under a flat fibreglass covered roof.
PROPERTY FACTS
| Total Property Size | 2,000 sq ft | Floors | 4 |
| Property Type | Office (Unit) | Typical Floor Size | 2,000 sq ft |
| Property Subtype | Office / Residential | Year Built | 1850 |
| Costar Property Class | B | Total Plot Size | 0.07 ac |
| Total Property Size | 2,000 sq ft |
| Property Type | Office (Unit) |
| Property Subtype | Office / Residential |
| Costar Property Class | B |
| Floors | 4 |
| Typical Floor Size | 2,000 sq ft |
| Year Built | 1850 |
| Total Plot Size | 0.07 ac |
AMENITIES
- 24 Hour Access
1 UNIT AVAILABLE
Unit 19-21
| Unit Size | 810 sq ft | Sale Type | Owner Occupier |
| Price | £130,000 | Tenure | Freehold |
| Price Per sq ft | £160.49 | Net Initial Yield | 8.28% |
| Unit Use | Office | NOI | £10,770 |
| Unit Size | 810 sq ft |
| Price | £130,000 |
| Price Per sq ft | £160.49 |
| Unit Use | Office |
| Sale Type | Owner Occupier |
| Tenure | Freehold |
| Net Initial Yield | 8.28% |
| NOI | £10,770 |
DESCRIPTION
Internally the subjects have solid flooring, painted plastered walls and ceilings and fluorescent lighting throughout. The property is currently configured to provide 3 cellular offices, a kitchenette and cloakroom.
SALE NOTES
Offers Over: £130,000 for office/retail premises.
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19-21 Airds Crescent
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