12 High Street, Oban, Argyll and Bute, PA34 4BG

FOR SALE BY ONLINE AUCTION WEDNESDAY 28TH OF JANUARY 2026 AT 9AM - ***EXCELLENT OPPORTUNITY TO ACQUIRE A PROMINENT TENANTED COMMERCIAL UNIT SITUATED IN THE HEART OF OBAN'S BUSTLING TOWN CENTRE***LOCATED ON HIGH STREET, ONE OF THE TOWN'S MOST ESTABLISHED AND HIGH-FOOTFALL RETAIL AREAS***PROPERTY BENEFITS FROM STRONG VISIBILITY AND ACCESSIBILITY, MAKING IT SUITABLE FOR A WIDE RANGE OF COMMERCIAL USES (SUBJECT TO ANY NECESSARY CONSENTS***HIGH POTENTIAL ANNUAL YIELD OF 18.33% (BASED ON GUIDE PRICE)***

The tenanted unit, occupied long term by Alzheimers Scotland, has a great strategic position close to a variety of national and independent retailers, cafs, and services, as well as key transport links including Oban railway station, ferry terminal, and bus routes. Oban's status as a major tourist destination on the west coast of Scotland further enhances the commercial appeal of this location.

The property offers flexible internal layout, lending itself well to retail, office, professional services, or alternative commercial use. Its central location makes it attractive to owner-occupiers and investors alike seeking a presence in a thriving town centre environment.

The current lease lasts up until May 2030, with an annual rental income of £5,500

***KEY FEATURES***

- Prime town centre High Street location

- Strong pedestrian footfall and excellent visibility

- Flexible commercial accommodation

- Close proximity to transport links, shops, and amenities

- Potential for a variety of commercial uses (subject to consent)

- Ideal opportunity for investors or owner-occupiers

- Monthly annual rental income of £5,500 per annum. High annual rental yield of 18.33% (based on guide price).

***RECENT NEARBY RESIDENTIAL PROPERTY SALES***
- 2, Newfield Terrace, Oban, PA34 5UJ - Semi detached - SOLD OCT'25 - £150,000
- 7C, Crombie Lane, Oban, PA34 4HL - 1 bedroom - SOLD OCT'25 - £115,000
- Flat 2/1, 12, High Street, Oban, PA34 4BG - 1 bedroom - SOLD MAR'25 - £96,000

*Oban lies at the western end of the A85 road. A number of ScotRail trains run between Oban railway station and Glasgow Queen Street daily. The town is an important ferry port: it is Caledonian MacBrayne's busiest terminal. Oban is known as the "Gateway to the Isles", with ferries sailing to the islands of Lismore, Colonsay, Islay, Coll, Tiree, to Craignure on Mull, to Castlebay on Barra and to Lochboisdale on South Uist.*Scottish Citylink run buses from Glasgow's Buchanan bus station several times a day; in summer, buses run from Dundee via Perth (route 973) and to Edinburgh via Stirling (route 978). West Coast Motors operate many local services and also coach links as far south as Lochgilphead and as far north as Fort William.*Oban has an airport outside the village of North Connel, some 5 miles (8 km) NE of the town. The airport has regular connections to Islay, Colonsay and Tiree, with flight-times of just half an hour.*

*Oban has a primary school campus located in the south of the town along with Park Primary School at the north of the town, and a major high school, Oban High School.*

*Oban offers a diverse range of amenities, including the Oban Distillery, the Oban War & Peace Museum, the Ocean Explorer Centre, and the Oban Seafood Hut, along with various shops, restaurants, and bars*

*The local culture is Gaelic. In 2011, 8.2% of the town's population over age 3 could speak Gaelic and 11.3% had some facility in the language.[26] Oban is considered the home of the Royal National Md, since it was first held there in 1892, with ten competitors on a Saturday afternoon. The town hosted the centenary Mod in 1992 (the year it became Royal) and in 2003 the 100th Mod. These two events attracted thousands of competitors and visitors (the 100th Mod was later than the centenary because it was not held in the war years). The Mod is held in Oban roughly every 68 years, and has last been held in October 2024.*An annual Highland Games, known as the Argyllshire Gathering, is also held in the town.*The Corran Halls[28] theatre acts as a venue for community events, local and touring entertainers, and touring companies such as Scottish Opera.*The town had a two-screen cinema,*

GUIDE PRICE - £30,000

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