Retail Property (high street) for sale

16 High Street, Nairn IV12 4BJ

Sold STC £50,000
218 sq. ft.

Property Description

Commercial information

  • 218 sq ft (20 sq m)

Key features

  • Asking Price: Offers Over 50,000
  • NIA: 20 sq.m / 218 sq.ft or thereby
  • Passing Rental: 6,000 per annum
  • Date of Entry: 31st March 2021
  • Net Initial Yield: 11.79%

Full description

Nairn is located in the North of Scotland on the south side of the Moray Firth. The town has a population of approx. 11,631 (2011 census). The town lies on the A96 Trunk Road which links Aberdeen with Inverness. It is 17 miles East of Inverness, 87 miles North West of Aberdeen and 161 miles North of Edinburgh.

The premises are located centrally within Nairn on the High Street close to its junction with Leopold Street.

This retail premises is a small ground floor unit of sandstone construction. The property has a traditional glazed shop frontage with two large shop windows. There is on-street car parking available to the front of the property. As well as retail accommodation, the property benefits from a toilet and kitchenette.

We understand the property is connected to mains water and electricity with drainage to the main public sewer.

The property is currently let to a sole trader who trades as Nairn Tailoring Alterations Repairs. The lease is held under Full Repairing and Insuring terms with an expiry date of 31st March 2021. The current passing rental is £6,000 per annum.

Further details on the tenancy are available on application to the selling agent.

Nairn is located in the North of Scotland on the south side of the Moray Firth. The town has a population of approx. 11,631 (2011 census). The town lies on the A96 Trunk Road which links Aberdeen with Inverness. It is 17 miles East of Inverness, 87 miles North West of Aberdeen and 161 miles North of Edinburgh. The premises are located centrally within Nairn on the High Street close to its junction with Leopold Street.

VAT is not applicable.


More information from this agent

Nearest station

  • Nairn (0.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Graham & Sibbald, Inverness

4 Ardross Street, Inverness, IV3 5NN

01463 568040 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

  • Nairn (0.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Graham & Sibbald, Inverness

4 Ardross Street, Inverness, IV3 5NN

01463 568040 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 31103. 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 Graham & Sibbald, 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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