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63 High St 5,771 sq ft Retail Property Nairn IV12 4BW £282,000 (£48.87/sq ft) 11.22% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • Large glazed double frontage
  • Let to the Factory shop
  • Prime high street location

EXECUTIVE SUMMARY

The investment opportunity is available “For Sale” with Offers over £282,000, exclusive of VAT invited in respect of our client’s heritable interest in the property with the benefit of the existing lease to The Factory Shop Ltd.

PROPERTY FACTS Sale Pending

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
5,771 sq ft
Costar Property Class
B
Year Built
1960
Price
£282,000
Price per sq ft
£48.87
Yield
11.22%
NOI
£31,640
Tenancy
Single
Number of Floors
1
Plot ratio
0.95
Total Plot Size
0.14 ac
Frontage
49 ft on High Street

AMENITIES

  • Storage Space

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • USE
  • POSITION
  • AVAILABLE
  • Ground
  • 5,447 sq ft
  • Retail
  • In-Line
  • Now

The property is situated on the east side of High Street, north of its junction with Church Street within Nairn's town centre. Nain is located 17 miles to the east of Inverness in Highland Scotland. The town has a population of approximately 10,000 people and lies on the A96 trunk road which links Aberdeen with Inverness. The premises are located on the south side of the High Street close to the junction with Church Street. Nearby occupiers include Specsavers, Co-operative Food and Bank of Scotland and a wide variety of independent retailers. Neighbouring occupiers include Nickel & Dime Store, Specsavers, Dreams Mattress Store and Nairn Registration Office.

Space Size Space Use Position Available
Ground 5,447 sq ft Retail In-Line Now

Ground

Size
5,447 sq ft
Space Use
Retail
Position
In-Line
Available
Now

Ground

Size 5,447 sq ft
Space Use Retail
Position In-Line
Available Now

The property is situated on the east side of High Street, north of its junction with Church Street within Nairn's town centre. Nain is located 17 miles to the east of Inverness in Highland Scotland. The town has a population of approximately 10,000 people and lies on the A96 trunk road which links Aberdeen with Inverness. The premises are located on the south side of the High Street close to the junction with Church Street. Nearby occupiers include Specsavers, Co-operative Food and Bank of Scotland and a wide variety of independent retailers. Neighbouring occupiers include Nickel & Dime Store, Specsavers, Dreams Mattress Store and Nairn Registration Office.

NEARBY MAJOR RETAILERS

Co-op
Bank Of Scotland
  • Listing ID: 34623841

  • Date on Market: 28/01/2025

  • Last Updated:

  • Address: 63 High St, Nairn IV12 4BW

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