Property list

Substantial Office Premises / Potential Development Opportunity, Commercial Street, Lerwick

Substantial Office Premises / Potential Development Opportunity
  •   » Click to zoom ->
  •   » Click to zoom ->
  • reception / office  » Click to zoom ->

    reception / office

  • office 1  » Click to zoom ->

    office 1

  • kitchen  » Click to zoom ->

    kitchen

  • office 2  » Click to zoom ->

    office 2

  • office 3  » Click to zoom ->

    office 3

  • boardroom  » Click to zoom ->

    boardroom

  • office 5  » Click to zoom ->

    office 5

  • office 6  » Click to zoom ->

    office 6

  • office 6  » Click to zoom ->

    office 6

  • basement file room  » Click to zoom ->

    basement file room

Substantial high quality office premises, situated in an excellent central location at the north end of Commercial Street in Lerwick’s main town centre shopping district by the Esplanade and the small boat harbour area.

In total the premises which form part of a listed four storey terrace, are estimated to extend to around 375m² (4,000ft²), comprising a main reception / office, eight office areas, boardroom and store, plus staff facilities.

Although until recently used as offices for a firm of accountants, it is thought that the premises may suit other uses and therefore offer development potential, subject to any necessary consents required.

Price: PROPERTY UNDER OFFER
ON APPLICATION
Entry: By arrangement.
Viewing: Please contact our reception (01595 695583).

Situation

This substantial property occupies an excellent very central Lerwick location at the north end of Commercial Street in Lerwick’s main shopping area close to banks etc. and the esplanade and small boat harbour area.

Prominent businesses in the vicinity include Boots, Harry’s well known local department store, Clydesdale Bank & Mackays. The Town Hall, County Buildings, the library & council offices, and the North Ness Business Park are within easy walking distance.

Plenty of short-term and long stay car parking is available close by, either just below Fort Charlotte a short distance from the office, or at the car parks on Harbour Street and the pier.

The Property

The property which is situated in the Lerwick Conservation Area and is Grade ‘B’ Listed, forms part of a four storey stone-built terrace fronting Commercial Street, with direct access from the street. The building which dates from the 19th Century was extensively refurbished in ????

The property was originally two terraced buildings each of which still retains a door to the street, offering up the possibility of perhaps splitting the property back into two. The larger south end could perhaps be further split as it has two separate entrances from the street.

The office comprises the whole of the first & second floors of the building plus a reception area on the ground floor which forms the main entrance, and a basement store. There are both fire and security alarms, and the offices are equipped with ample power & telephone points. Heating is provided by electric storage heaters.

Planning / Change of Use

The property has until recently been used as offices for an accountancy firm but it is thought other uses may be possible, in particular some kind of mixed use development to include part residential, subject to any necessary consents required. No planning permission for a change of use has however been sought and prospective purchasers should therefore satisfy themselves regarding any change of use by contacting the local planning office directly.

Accommodation

In total the premises are estimated to extend to around 375m² (gross internal floor area including circulation spaces) (4,000ft²) as shown on the attached plans (note actual layout may differ slightly from plans)

In detail the accommodation comprises:-

On the Ground Floor:-

Approximately 45m² (475ft²) comprising:-

MAIN RECEPTION / OFFICE AREA

With main entrance and display window to Commercial Street plus two windows to the rear, and comprising reception area (approx. 4.2m x 1.9m) and general office (overall approx. 4.55m x 6.75m (at widest points) including separate store. A lobby off the reception area leads to stairs leading up to the main accommodation on the first floor and down to a basement store. There is a second door to the street from the lobby

On the First Floor:-

Approximately 160m² (1,730ft²) comprising:-

LANDING

with MALE & FEMALE TOILETS off.

OFFICE 1

(Overall approx. 6.85m x 4.55m) Large office with windows to the front & rear and passage leading to a SERVER ROOM (approx. 2.1m x 1.4m).

HALLWAY

with CLEANER’S CUPBOARD & KITCHEN off, leading to three further offices comprising:-

OFFICE 2

(Approx. 4.55m x 3.1m) Overlooking Commercial Street.

OFFICE 3

(Approx. 4.25m x 3.15m) Also overlooking the Street.

OFFICE 4

(Approx. 4.25m x 2m) To the rear.

At the end of the hall is a second stair leading to both the ground & second floors, and beyond that is the boardroom.

BOARDROOM

(Approx. 6.65m x 4.15m) Spacious, bright room with two windows to the front and rear of the building.

On the Second Floor:-

Approximately 125m² (1,340ft²) comprising:-

LANDING

with TOILET off, and leading to a single office and the main top floor office space:-

OFFICE 5

(Approx. 5.3m x 4.15m (floor area)

OFFICE 6

(Approx. 5.25m x 3.8m (floor area)) Open-plan office with passage leading through to:-

OFFICE 7

(Approx. 6.6m x 5.25m (floor area)) Further open-plan office with FILING AREA off, and lobby leading to further stair down to the first floor and:-

OFFICE 8

(Approx. 5.45m x 3.3m (floor area))

On the Basement Floor:-

Approximately 45m² (475ft²) comprising a large FILE ROOM (approx. 6.35m x 3.5m), a STORE (approx. 2.6m x 2m), plus a TOILET on the ½ landing.

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

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Rateable Value

The Rateable Value is understood to be £21,750. 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.

Dowle Smith & Rutherford, Solicitors & Estate Agents,
St Olaf’s Hall, Church Road, Lerwick, Shetland, ZE1 0FD
Telephone: 01595 695583   Fax: 01595 695310