Property Manager: Robert Bell B.Sc.
Partners: Paul Rutherford LL.B., N.P. & Christopher Dowle, LL.B., N.P.
Substantial retail premises on two floors, extending in total to around 340m² (3600sq ft), in prime central location by the Toll Clock Shopping Centre and next door to Williamsons DIY store, and fronting the main North Road through Lerwick.
The Ground Floor provides around 180m² of retail space with an entrance from either the North Road or the Toll Clock car park, and large display windows to North Road and the side of the building.
The property benefits from ample car parking as part of the Toll Clock Shopping Centre.
The premises, which have been used for retail purposes but could perhaps suit other uses subject to the usual consents required, are offered for long term lease although a sale may be considered.
| Price: | PROPERTY UNDER OFFER FOR LEASE For long term lease (may sell). A short term lease of part or all of the property may also be considered. Details on application (+ VAT if applicable). |
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| Entry: | Immediate entry is available upon conclusion of legal formalities. |
| Viewing: | For further information on this large retail property please telephone George Sutherland or Malcolm Sutherland at Bolts Shetland Ltd on 01595 69 7840 or contact our reception. |
The premises are situated on North Road, the main road through Lerwick, opposite the junction with Gilbertson Road, in a well-established retail location in-between the Toll Clock Shopping Centre and Williamson’s DIY Store.
The premises have a large window area maximising the opportunities for attracting passing trade, and extensive parking is available in the Toll Clock Shopping Centre Car Park which is right outside the rear of the building.
The property has previously been used as retail premises. It may however suit other uses although this would be subject to any necessary consents being required, and prospective purchasers should satisfy themselves in this regard by contacting the local planning and / or building departments of the Council directly.
Consideration may be given to sub-dividing the property.
In total the building is estimated to extend to around 340m² or thereby (3600 sq²), on two floors, as shown on the attached sketch plans (not to scale). In detail the accommodation includes:-
On the Ground Floor:-
MAIN RETAIL SPACE (Overall approx. 7.8m x 7.15m overall at widest points) with entrance and two display windows to North Road. The space is currently sub-divided by partitions but it is thought these could easily be removed to open it up into one larger area. At the rear an archway leads to a further RETAIL AREA comprising two rooms measuring approximately 2.85m x 2.7m and 4.8m x 2.85m. The larger space also has two large display windows, including one to North Road.
A doorway off the main retail space leads to a further RETAIL AREA to the rear of the building. This ‘L’-shaped space measures approximately 9.25m x 6.85m at the widest points, with access at the rear from the Toll Clock car park, and staff area off with sink & toilet. There is an additional RETAIL AREA measuring approximately 9.35m x 3.1m off this space to the side of the building, which has two large display windows providing plenty of natural light.
On the First Floor:-
Further sizeable RETAIL AREA measuring approximately 10.5m x 9.2m (overall), with side fire escape and access to additional AREA measuring approximately 6.05m x 5.05m with STORE (approx. 4.2m x 2.7m) and useful lined ATTIC STORAGE AREA off.
The rateable value us understood to currently be £10,800. Prospective purchasers should however contact Shetland Islands Council directly for confirmation.
Centre map on Retail Premises, 28 North Road
View on the 'Shetland Property Map'
To see the location of the property in an overall Shetland context, adjust the zoom by clicking the + or - buttons. Use the 'Map', 'Satellite' & 'Hybrid' buttons to switch between an ordnance survey style road map, a satellite aerial photograph or a combination (hybrid) of the two. Please note that the date of the satellite image is unknown and may not show new buildings.
This schedule is intended only to help you decide whether to view the property. We always recommend you view the property personally.
The information is believed to be correct, but it is not warranted and is not to form part of any contract of sale. All dates, distances, areas and room sizes noted are approximate and for use as a general guide only. Prospective purchasers should satisfy themselves as to the working condition or otherwise of any equipment such as central heating or kitchen appliances.
This schedule should not be taken as a comment on the condition of the property. This is a matter for your surveyor and we recommend that once you have found a property you are interested in, you obtain a survey report. We can provide details of surveyors if required.
Interested parties are advised to note their interest through their solicitor as soon as possible so that they can be informed if a closing date is fixed. Noting interest does not place any obligation on the seller to set a closing date or to give any noted interests the opportunity to offer. Whilst every effort will be made to advise noted interests of any closing date set, this cannot be guaranteed.
No responsibility will be accepted for expenses incurred by parties who have noted interest but do not get an opportunity to offer, or for any expenses incurred traveling to properties which have been sold or withdrawn.