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2-6 Eastgate
Inverness IV2 3NA
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Prime retail investment
  • 5A1 Covenant
  • FRI lease expiring 29 July 2029 (circa 8.5 years unexpired)
  • Let to Bank of Scotland PLC
  • RE based rent of £150,000 per annum
  • Situated in 100% prime pitch

EXECUTIVE SUMMARY

Inverness is the commercial, administrative and business centre for the Highlands and Islands of Scotland. The city is one of the fastest-growing in Europe with a resident population of over 65,000 people and a catchment area of approximately 350,000 people. Inverness enjoys excellent transport links via the main A9 trunk road leading both north and south and benefits from daily rail and bus services. Aberdeen is approx. 104 miles to the southeast and Edinburgh and Glasgow are 157 miles to the south and 170 miles to the southwest respectively. The subject property occupies a 100% prime retail position on Eastgate at the High Street and Inglis Street junction and is located directly opposite the Eastgate Shopping Centre. Neighbouring occupiers include Marks & Spencer, HSBC, Café Nero, Boots Opticians and Hotter Shoes.

PROPERTY FACTS

Property Type Retail
Property Subtype Bank
Building Class C
Lot Size 0.24 AC
Gross Leasable Area 9,322 SF
No. Stories 3
Year Built 1860
Tenancy Single
APN / Parcel ID INV5982
  • Listing ID: 20581115

  • Date on Market: 8/10/2020

  • Last Updated:

  • Address: 2-6 Eastgate, Inverness IV2 3NA

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