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7-19 Lombard St 1,337 SF Office Condo Unit Offered at $80,081 in Inverness IV1 1QQ
INVESTMENT HIGHLIGHTS
- Security entrance
- City centre location
- Potential for residential conversion or other uses (STP)
EXECUTIVE SUMMARY
Inverness is the commercial, administrative and business centre for the Highlands and Islands of Scotland. 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 property is located on Lombard Street a busy pedestrian thoroughfare within the heart of Inverness city centre within easy access of all of the city centre amenities. Lombard Street connects directly to the High Street at its southern end and Drummond Street leading to Union Street at its northern end. Surrounding occupiers in the area comprise a good mix of national and local organisations including Oxfam, Cancer Research UK, Barclays Bank, Lettuce Eat Sandwich Shop and The Health Shop. The property currently comprises an office suite at first floor level within a wider terraced 3-storey and attic building of stone and slate construction. Access to the building is via a shared secure entrance door at ground floor level leading to a common stairs to both the subjects and residential apartments on the upper floors. The property is currently configured in a cellular layout providing 7 office rooms, storage and staff ancillary facilities. The property also includes a small basement area suitable for storage accessed via a timber staircase.
PROPERTY FACTS
| Total Building Size | 4,673 SF | Floors | 5 |
| Property Type | Retail (Condo) | Typical Floor Size | 1,557 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 1878 |
| Building Class | B | Lot Size | 0.07 AC |
| Total Building Size | 4,673 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Building Class | B |
| Floors | 5 |
| Typical Floor Size | 1,557 SF |
| Year Built | 1878 |
| Lot Size | 0.07 AC |
AMENITIES
- Security System
- Automatic Blinds
1 UNIT AVAILABLE
Unit 13
| Unit Size | 1,337 SF | Condo Use | Office |
| Price | $80,081 | Sale Type | Owner User |
| Price Per SF | $59.90 | Tenure | Freehold |
| Unit Size | 1,337 SF |
| Price | $80,081 |
| Price Per SF | $59.90 |
| Condo Use | Office |
| Sale Type | Owner User |
| Tenure | Freehold |
DESCRIPTION
Windows are single glazed timber, some of sash and case design. Internally the specification comprises suspended timber floors, plasterboard walls and ceilings. Lighting is provided by ceiling mounted fluorescent fitments. The property appears to have been formerly heated via a wall mounted radiator wet system fed from a boiler which has been removed as has most of the wall radiators. The basement area comprises walls of stone and masonry construction with a solid concrete floor. The property is in need of refurbishment.
SALE NOTES
The Heritable interest (Scottish equivalent of English Freehold) is available For Sale with vacant possession at offers over £60,000 plus VAT.
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NEARBY MAJOR RETAILERS
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7-19 Lombard St
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