Dowle, Smith & Rutherford
Property Manager: Robert Bell B.Sc.
Partners: Paul Rutherford LL.B., N.P. & Christopher Dowle, LL.B., N.P.
Fax: (0)1595 695310
Commercial Premises, 175 Commercial Street, Lerwick
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main reception / office area looking towards front of building
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main reception / office area looking towards rear of building
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ground floor office
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kitchen / toilet area
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landing
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first floor office 1
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first floor office 1
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first floor office 2
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first floor office 3
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first floor office 3
Excellent opportunity to acquire commercial premises in an excellent trading location right next to the Boots store, in the heart of the main town centre shopping area on Commercial Street.
In total the premises extend to around 90m² (960ft²) on two floors, with the main reception space (with large display window), office & staff facilities on the ground floor, plus three offices on the first floor.
The property currently has permission for use as building society / insurance & financial services offices but it is thought that Class 1 – Retail use or other Class 2 uses (Financial, professional and other services) should be possible, but prospective purchasers should satisfy themselves in this regard.
The building was extensively refurbished in 2002 including re-roofing, new windows and doors.
A lease may be considered.
| Price: | ON APPLICATION |
|---|---|
| Entry: | By arrangement. |
| Viewing: | Please contact our reception (01595 69 5583). |
| Rooms: | Ground Floor – Lobby, main Reception area, Office & Staff facilities; First Floor – three Offices. |
General Information
The property occupies an excellent trading location on the west side of Commercial Street, Lerwick’s main commercial thoroughfare, which is just across from the harbour area. The Boots store is next door guaranteeing a good passing trade, plus there are other well-established businesses nearby including Harry’s Department Store and the Clydesdale Bank.
The property forms the ground and first floors of a stone-built property which was extensively refurbished in 2002 (including re-roofing) and is now fully double glazed. It has electric storage heating throughout and a security alarm system.
The property is Grade C(s) Listed and is situated in the Lerwick Conservation Area.
Planning Use
The property currently has permission for use as building society / insurance & financial services offices (a Class 2 – ‘Financial, professional and other services’ use) however it is thought a change of use to Class 1 – ‘Retail’ would be welcomed. Prospective purchasers should satisfy themselves regarding any change of use from the existing use by contact the local planning office directly.
Accommodation
The premises comprises the ground & first floors of the building which fronts Commercial Street.
On the Ground Floor –
Overall gross floor area approximately 47m² (510ft²) comprising:-
ENTRANCE LOBBY
With door to main reception area and stairs to first floor.
MAIN RECEPTION AREA
(Approx. 5.55m x 3.4m) with large display window to the street, and providing general reception / waiting area. Steps up to separate office and staff facilities.
OFFICE
(Approx. 3.4m x 3.3m) with internal window overlooking reception area.
STAFF FACILITIES
(Overall approx. 4.85m x 1.45m) comprising fitted kitchen area with sink, and two toilets with W.C. & w.h.b.
On the First Floor –
Overall gross floor area approximately 42m (454ft) comprising:-
OFFICE 1
(Approx. 4.7m x 2.2m)
OFFICE 2
(Approx. 3.85m x 2.4m)
OFFICE 3
(Approx. 4.5m x 2.9m) overlooking Commercial Street.
Centre map on Commercial Premises, 175 Commercial Street
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.
Location
Rateable Value
The Rateable Value is understood to be £7,150. Prospective purchasers should however contact Shetland Islands Council directly for confirmation.
Important Information for Prospective Purchasers
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.