Property Manager: Robert Bell B.Sc.
Partners: Paul Rutherford LL.B., N.P. & Christopher Dowle, LL.B., N.P.
Sizeable retail premises extending in total to around 590m², situated in very prominent central position on the main road through Lerwick, close to the Toll Clock Shopping Centre.
The premises comprises the main retail space of around 375m² with a large street frontage and window area, office & staff facilities, plus a substantial 215m² basement which provides extensive storage space.
Heating is supplied by the Lerwick District Heating system.
The premises have until recently been used for retail purposes (Smith & Harper) but could suit other uses, subject to the usual consents required.
A sale is preferred although a long term lease may be considered.
| Price: | OFFERS INVITED plus VAT (if applicable) |
|---|---|
| Entry: | Immediate entry is available on 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 697840 or contact our reception. |
The building is situated in a row of retail premises on North Road, the main road through Lerwick, close to other shops and businesses at the Toll Clock Shopping Centre.
The main retail space has an extensive street frontage and a large window area maximising the opportunities for attracting passing trade.
Immediately outside the premises is a lay-by area for short term parking.
In total the building is estimated to extend to around 590m² or thereby, comprising the main retail space plus office & staff facilities on the ground floor, plus an extensive basement storage area.
In detail the accommodation includes:-
On the Ground Floor:-
(Overall approx. 15.2m by 15.2m at widest points) With large window area, fluorescent lighting and overhead heating supplied by the District Heating unit. Stairs lead down from here to the basement level.
(Overall approx. 11.25m x 8.5m at widest points) Again with overhead heating and fluorescent lighting.
At the rear of the main space is further area measuring approximately 8.9m x 3.3m (at widest points) comprising two OFFICES, a STAFF ROOM & TOILET.
To the side of the main retail space is a large STORE area with further window to the street, measuring approximately 9.75m x 3.05m (at widest point – narrows to 1.75m).
On the Basement Floor:-
(Overall approx. 15.25m x 5.8m at widest points) Large basement area providing extensive storage space. Again heating is provided by the District Heating unit and there is fluorescent lighting. Includes a TOILET & small STOREROOM. Fire escape exit.
Beyond the main basement area lies a further sizeable STORE measuring approximately 15.3m x 8.7m at widest points. This space is currently divided by a partition but it is thought this could easily be removed to create a much larger single space. To the side of the building is a door providing access to a parking area for deliveries etc.
Any change of use would be subject to any necessary consents being required. Prospective purchasers should satisfy themselves in this regard by contacting the local planning and / or building standards departments of the council directly.
Consideration may be given to splitting up the property.
The Rateable Value is understood to currently be £21,250. Prospective purchasers should however contact Shetland Islands Council directly for confirmation.
Centre map on Retail Premises, 6 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.
The property is situated on the north side of North Road opposite the junction with Burgh Road.
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.