2 GIBRALTAR STREET, OBAN, ARGYLL, PA34 4AY Adaptable retail premises in a highly visible, town center location.
Suitable for a variety of uses, competitive rent and flexible £9,000 Per Annum lease terms with immediate entry available.
www.theestatesofficeargyll.com
2 Gibraltar Street, Oban, Argyll, PA34 4AY
Location Oban has a catchment population of approximately 20,000 which is boosted many times over in the Spring Summer and Autumn period as well as being busy throughout the year due to the town being the main ferry port for the Caledonian MacBrayne ferries to the Inner and Outer Hebridean Islands.
The town, which is the pre-eminent town of North Argyll, has a thriving retail sector with representations from M&S Food, Tesco, Boots, Fat Face, New Look, Costa, M & Co as well as Aldi and Lidl, Argos, Home Base and other national retailers as well as many small independent operations.
Most of the major banks are represented and there is a wide selection of professional offices.
The town is seen by Argyll & Bute Council as being one of the centers for growth and there are 300 houses currently under construction which will be delivered by 2021.
The town has a wide variety of hotels and restaurants with a recently completed 61-bedroom Premier Inn which opened earlier this year, and which is approximately 250 meters from the subjects.
As previously mentioned, the town is served by both ferry and a railway line, however travelling time by car to Glasgow is just over 2 hours, with Edinburgh being just under 3 hours.
www.theestatesofficeargyll.com
The Business Accommodation The subjects are situated on Gibraltar Street The property offers the following approximate accommodation: which is located within close proximity to Oban town centre. Gibraltar street provides popular Main Frontage 8.22m (26ft 11.5in) pedestrian access between Oban town centre and local supermarkets, resulting in a high daily Shop Depth 5.29m (17ft 4in) footfall. Main Retail Space 34.78m2 (374 sq ft) The subjects comprise a refurbished café unit Kitchen 8.05m² (86 sq ft) on the ground floor of a traditional two-storey Toilets 2.03m² (22 sq ft) and basement building under a pitched roof Total Net Lettable Area 42m2 (452 sq ft) with significant frontage onto Gibraltar Street. Internally the premises comprise a large open Rental plan area and a small kitchen area, together Rental offers are sought for the entire premises. The furniture and with a WC. catering equipment within the property are not included in the rental but can be purchased by separate negotiation.
Lease Terms The subjects are offered on a flexible lease, on a Full Repairing and Insuring basis for a period of years to be agreed and to include and fixtures and fittings.
A copy of the proposed lease is available by separate application to sole letting agents.
Energy Rating The property has a current energy rating of G.
Entry Immediate entry is available upon completion of legal formalities
Ratable Value The premises have a ratable value of £7,400.
If the incoming tenant has either no other commercial premises for which they are responsible for the rates or the aggregate of their ratable values within Scotland is below £15,000, then the occupier should be exempt from Non-domestic rates.
A Business Improvement District Scheme (Bid4Oban.co.uk) operates in the town for which all commercial occupiers pay a small annual levy.
www.theestatesofficeargyll.com
Planning We understand that the subjects currently benefit from Class 3 Use have previously been used as a retail premises and cafe. We consider that the premises are suitable for a variety of uses including Class 1 and Class 2; however, parties potentially seeking a change of use should make their own enquires with Argyll & Bute Planning Department.
Legal Costs Each party will be responsible for their own costs incurred with this transaction.
VAT All rents and other sums are quoted exclusive of any VAT that may be payable.
Viewing Strictly by appointment through the sole letting agents. The Estates Office 01631 705 480 or [email protected]
The Estates Office
Oban: 01631 705 480 Gibraltar Street, Oban, Argyll PA34 4AY Edinburgh: 0131 370 8448 [email protected] London: 0208 901 704 www.theestatesofficeargyll.com
IMPORTANT: we would like to inform prospective purchasers that these sales particulars have been prepared as a general guide only. A detailed survey has not been carried out, nor the services, appliances and fittings tested. Room sizes should not be relied upon for furnishing purposes and are approximate. If floor plans are included, they are for guidance only and illustration purposes only and may not be to scale. If there are any important matters likely to affect your decision to buy, please contact us before viewing the property.
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