The subjects are situated in a prominent corner position at the junction of High Street and Castle Road in Invergordon town centre. Surrounding properties are commercial, with office and retail occupiers making up the surrounding area.
Invergordon is located approximately 24 miles north of Inverness and 15 miles west of Nigg Energy Park. The town of Invergordon benefits from an influx of tourists, with cruise liners porting at Invergordon on a regular basis.
The premises form flexible and modern open-plan office accommodation within two adjoined buildings. The first of these fronts on to Invergordon High Street and comprises a two-storey plus attic building of traditional stone construction which accommodates three floors of office accommodation. The second building fronts onto Castle Road and is a single-storey semi-detached building of modern construction. Internally this provides flexible open plan office accommodation.
Please note that the two buildings are linked internally at ground floor level and have raised access flooring and suspended ceilings. Please also note that part of the building is held on a leasehold basis. Therefore any letting of this area would be on a sub-let basis and would also be subject to landlord approval.
Rateable Value: The Rateable Value effective from 1 April 2023 is £56,500. Any ingoing occupier will have the right to appeal the Rateable Value and may also be entitled to certain relief from rates under the various schemes currently available. Interested parties should contact the relevant Local Authority and further information can be found at www.saa.gov.uk
Accommodation: The net internal area of the subjects extends to approximately:- Ground Floor 761.66 sq.m/8,198 sq.ft; First Floor 65.38 sq.m/704 sq.ft; Attic Areas 58.58 sq.m/631 sq.ft; Total 884 sq.m/9,533 sq.ft
Date of Entry: On conclusion of legal missives
Legal Desc: Each party will bear their own legal costs incurred in the transaction. The occupier will be responsible for any LBTT and Registration dues.
Terms: The premises will be available for lease on full repairing and insuring terms for a minimum period of three years. Any lease period in excess of five years will be subject to five yearly rent reviews. The permitted use is for business use falling within use Class 4 of the Town & Country Planning (Use Classes) (Scotland) Order 1997. Any tenant will require to satisfy themselves that the proposed use falls within the permitted use class. Please note: Enquiries for other uses will be considered on a case-by-case basis.
Rent: On application.
VAT: VAT will be payable at the standard rate in all monies due.
EPC: 69/71 Castle Road - D; 69/71 High Street - F
Costs: Each party will bear their own legal costs incurred in the transaction. The occupier will be responsible for any LBTT and Registration dues.
Viewing & Further Information: Please contact the joint agents to discuss your interest further or to arrange a viewing. All offers should be submitted in writing to the joint agents: Jonathan Nesbitt (t: 07771 923 401 e: jonathan.nesbitt@fgburnett.co.uk) and Sandy Rennie (t: 07766 357 953 e: sandy@rennieproperty.co.uk)
Viewing & Further Information: To satisfy HMRC and RICS guidance, FG Burnett and Rennie Property Consultants are required to undertake AML diligence on purchaser/tenant. Accordingly, a successful bidder will be required to provide financial information and personal identification and FG Burnett and Rennie Property Consultants will undertake the necessary ‘Know Your Client’ identity checks to satisfy AML requirements when Heads of Terms are agreed.
Closing Date: A closing date will be set for receipt of formal offers. HIE’s decision making will normally be based upon the highest offer received but HIE is under no obligation to accept the highest, or indeed, any offer.