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COMMERCIAL

Over the Rainbow, Quay Brae, Portree, Isle of Skye, IV51 9DBT

Offers Over
£50,000
Hebridean Estate Agency and Skye Property Centre, Isle of Lewis
PROPERTY TYPE

Retail Property (high street)

BATHROOMS

1

SIZE

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Key features

  • Central Location
  • Business

Description

Offers: Over £50,000 Are Invited

Over the Rainbow, Quay Brae, Portree, Isle of Skye, IV51 9DB

A successful haberdashery, wool and knitwear business located in a prominent position in the centre of Portree.

Accommodation:

Main Floor: Large Retail Area & Store Room.

Lower Floor: Store Room and WC.

Offered for sale is a successful haberdashery, wool and knitwear business situated in a prime location right in the centre of Portree.

The business has been run from the premises since 2011 and is only offered for sale due to retirement.

The spacious retail area boasts a large window frontage on Quay Street - the main road down to Portree harbour - and a popular area for visitors. There are storage areas on both the main and lower levels.

The premises are leased and the landlord has indicated that he would be willing to grant a fresh 10 year lease to anyone taking over the business.

Location:

Portree is the main administrative centre on the Isle of Skye and is located on the east side of the island, some 45 minutes drive north of the Skye Bridge (now toll free).

The town is formed around a natural harbour and is a great attraction for visitors all year round. The town offers a wide range of facilities including primary and secondary education, doctors and dentists' surgeries, a variety of shops, banks, hotels & restaurants and sports facilities, there is also a small cinema/theatre within the Aros Heritage Centre, located on the outskirts of the town. To the north of the village centre is Portree Industrial Estate, situated on Dunvegan Road which is one of the main arterial routes on the island.

Accommodation:

Main Floor:

Large Retail Area:

A spacious retail area with three display windows to the front. Three windows to the rear. 2 night storage heaters. Counter area. Door off to store room. Stair down to the lower floor. CCTV system. Size: 46' 8" max x 20' 4" max (14.23m max x 6.21m max)

Store Room:

Window to the rear. Door to the fire escape. Size: 8' 2" x 6' 5" (2.50m x 1.97m)

Lower Floor:

There is a small hallway with under storage space with a window to the rear.

Store Room:

Night storage heater. Fitted carpet. Built in shelving. Door to WC. Size: 14' 5" max x 12' 3" max (4.40m max x 3.74m max)

WC:

Fitted with a wash hand basin and WC. Size: 4' 5" x 2' 8" (1.36m x 0.82m)

Accounts: Accounting details and income will only be made available to interested parties who have viewed the premises and who have noted interest through their solicitor.

Fixtures, Fittings & Stock: Fixtures and Fittings are included in the sale. Stock at valuation.

Services: Mains water, drainage and electricity.

Business Rates: Currently £16,065 per annum (although subject to a generous rebate).

Viewings: Strictly by appointment through this agency

Entry: Early entry available

Annual Rental: Currently £15,000 per annum although this is subject to a rent review. The Landlord has indicated that they would grant a new 10 year lease.

Over the Rainbow, Quay Brae, Portree, Isle of Skye, IV51 9DBT

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Duirinish Station19.8 miles

About Hebridean Estate Agency and Skye Property Centre, Isle of Lewis

Old Bank of Scotland Buildings, South Beach, Stornoway, Isle of Lewis HS1 2BG

Hebridean Estate Agency is part of Anderson Macarthur Limited, a well respected law firm advising clients throughout the Highlands and Islands since 1897. The Hebridean Estate Agency office is based on South Beach Street in Stornoway overlooking Stornoway Harbour.

Our approachable team is well-placed to assist with all property sale needs, including marketing advice and viewings. As well as high quality photo schedules, we offer 360 virtual tours on all our properties. We endeavour to tailor the marketing to ensure your listing stands out and your property is shown to its full potential.

For purchasers, we know buying your dream home in the Hebrides is a big decision and we look forward to helping you - all with a warm island welcome awaiting you!

Notes

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