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8-14 George St Local commercial | 441 m² | 1 082 004 € | À vendre | Oban PA34 5SB
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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Let to Waterstones Booksellers (5A2 Dun & Bradstreet Credit Rating)
- Full Repairing & Insuring terms with a lease expiry on 5 October 2029
- Passing rent of £75,000 per annum (£38.23/sq.ft. Zone A)
RÉSUMÉ ANALYTIQUE
George Street serves as the principal retail thoroughfare within Oban. The subject property is located on the west side of George Street in the block bounded by William Street to the north and John Street to the south. Nearby occupiers include British Heart Foundation, Yorkshire Building Society, McColls, McDougalls Bakery and a variety of local traders. The subject property comprises a ground and part-first floor retail unit within a traditional stone building of three storeys in height held under a pitched and slated roof. The subject property offers an extensive frontage to George Street.
INFORMATIONS SUR L’IMMEUBLE
| Surface totale de l’immeuble | 650 m² | Étages | 4 |
| Type de bien | Local commercial (Lot en copropriété) | Surface type par étage | 325 m² |
| Sous-type de bien | Commerce pied immeuble | Année de construction | 1976 |
| Classe d’immeuble | B | Surface du lot | 0,04 ha |
| Surface totale de l’immeuble | 650 m² |
| Type de bien | Local commercial (Lot en copropriété) |
| Sous-type de bien | Commerce pied immeuble |
| Classe d’immeuble | B |
| Étages | 4 |
| Surface type par étage | 325 m² |
| Année de construction | 1976 |
| Surface du lot | 0,04 ha |
CARACTÉRISTIQUES
- Espace d’entreposage
1 LOT DISPONIBLE
Lot 12
| Surface du lot | 441 m² | Type de vente | Investissement |
| Prix | 1 082 004 € | Droit d’usage | Pleine propriété |
| Prix par m² | 2 451,91 € | Taux de capitalisation | 7,48% |
| Usage du lot en coprop. | Local commercial | RNE | 80 933,90 € |
| Surface du lot | 441 m² |
| Prix | 1 082 004 € |
| Prix par m² | 2 451,91 € |
| Usage du lot en coprop. | Local commercial |
| Type de vente | Investissement |
| Droit d’usage | Pleine propriété |
| Taux de capitalisation | 7,48% |
| RNE | 80 933,90 € |
DESCRIPTION
Internally, the subject property offers a generous retail sales area on ground floor whilst the first floor, accessed by a wide stair rising up to a large open plan area is currently used for storage purposes, but which could easily be used for retail. To the front of the unit there is an office/storage and staff facility with W/C facilities contained within this area. The property has been fitted out in the corporate style of Waterstones.
The property is let to Waterstones Booksellers Limited from 6 October 2003 until 5 October 2029 on Full Repairing and Insuring terms at a passing rent of £75,000 per annum (£38.23/sqft Zone A). The tenant recently extended their lease by 5 years from 2024 showing their commitment to the location and trading performance.
NOTES SUR LA VENTE
Instructed to seek offers in excess of £950,000 (NINE HUNDRED AND FIFTY THOUSAND POUNDS STERLING) exclusive of VAT. A purchase at this level would show an attractive Net Initial Yield of 7.48%, based on standard purchaser’s costs and LBTT at 5.59%.
PRINCIPAUX COMMERCES À PROXIMITÉ
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8-14 George St
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