Shop for sale

Industrial Unit, Riverside Place, Thurso, KW14 8BZ

Offers Over 329 sq. m. | £170,000

Property Description

Commercial information

  • Business for sale
  • 3,541 sq ft (329 sq m)

Key features

  • General storage unit with an NIA extending to 329m2
  • An industrial unit presently being traded as a Fish and Chip Shop
  • Prime town centre trading location close to amenities
  • A substantial property with a popular and highly profitable food service business
  • Some business development potential
  • Excellent development potential subject to the necessary planning consents
  • 26 year lease with a possible extension to 99 years
  • Offers Over £170,000 (Leasehold)

Full description

DESCRIPTION
This property is a single storey building with a significant footprint and is located within the town centre of Thurso within a busy area with business, hospitality and residential units close by. The Net Internal Area of the property extends to circa 329m2 which offers a wide range of potential uses. The business premises was previously used as a thriving bakery and presently part of the subjects is used as a Fish and Chip Shop providing takeaway food. The remaining elements of the building are used as an occasional store by the current occupant. The building has a number of distinct service areas which include male and female changing facilities, a large unobstructed room extending to approx 16 metres by 6.5 metres. It is possible to utilise the premises for a number of differing uses as the building has 4 separate entry points. All development aspects will be subject to renovation and obtaining the necessary consents.

The Fish and Chip Shop is available by separate negotiation presently has a turnover IRO £200,000 generating a sound trading profit of IRO £60,000. This take-a-way facility is fitted out to a high standard with a good street level frontage and access.

LOCATION
The premises are located within the thriving town centre of Thurso situated close to the river in a popular and busy area of the town. An important aspect of this property is that the operational floor level is above the historical flood level of the river.

SERVICES
The business benefits from 3-phase mains electricity, gas, water supply and drainage.

LEASE TERMS
The current Lease runs to 14th May 2040 but there is scope to extend to 99 years should that be desirable for new tenants. Passing Rent is £1,000 per annum. Full lease terms will be made available post viewing

RATES
The property carries a Rateable Value of £7,800. The poundage for 2012/13 is 45p, which results in an annual rates liability of £3510. We are advised that the business benefits from Small Business Rates Relief.

TRADE
Full accounting information of the Fish and Chip Shop will be made available to seriously interested parties subsequent to formal viewing.

EPC RATING
The property has an Energy Performance Certificate rating of ‘tbc’.

FINANCE & LEGAL SERVICES
ASG Commercial Ltd is in touch with several lenders who provide specialist finance to the hospitality trade. Paul Hart (Director Commercial Sales) will be delighted to discuss your financing requirements with you and make an appropriate introduction. We have access to a large team of legal experts who can act in all legal matters arising.

Nearest station

  • Thurso (0.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ASG Commercial, Inverness

York House, 20 Church Street, Inverness, IV1 1ED

01463 568016 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Thurso (0.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ASG Commercial, Inverness

York House, 20 Church Street, Inverness, IV1 1ED

01463 568016 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference Industrial_Unit_Thurso. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by ASG Commercial, Inverness. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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