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63 High St

5,771 SF Retail Building Nairn IV12 4BW For Sale

Investment Highlights

  • Let to The Factory Shop Limited
  • A new 5 year lease
  • Tenant to take occupation and fit out imminently
  • Nearby occupiers include Specsavers, Co-operative Food, Bank of Scotland and Boots Pharmacy

Executive Summary

Lot 51 is available for sale at an Allsop online auction to be held on Tuesday 31st October 2023.
The property comprises a freehold investment opportunity for sale.
The asking price £245,000, representing a gross initial yield of 13.27%.

Attachments

Brochure

Property Facts

Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
5,771 SF
Building Class
B
Year Built
1960
Tenancy
Single
Building Height
2 Stories
Building FAR
1.99
Land Acres
0.07 AC
Frontage
49 ft on High Street

Amenities

  • Storage Space

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • Ground
  • 5,771 SF
  • Retail
  • In-Line
  • 30 Days

The space comprises 5,771 SQ FT of retail space arranged over the ground floor. Internally the ground floor of the property is currently fitted out to a M&Co corporate specification as an open plan retail area with fitting rooms. There is a basement floor currently utilised for storage and staff ancillary facilities accessed via a single staircase situated to the front of the property.

Space Size Space Use Position Available
Ground 5,771 SF Retail In-Line 30 Days

Ground

Size
5,771 SF
Space Use
Retail
Position
In-Line
Available
30 Days

Ground

Size 5,771 SF
Space Use Retail
Position In-Line
Available 30 Days

The space comprises 5,771 SQ FT of retail space arranged over the ground floor. Internally the ground floor of the property is currently fitted out to a M&Co corporate specification as an open plan retail area with fitting rooms. There is a basement floor currently utilised for storage and staff ancillary facilities accessed via a single staircase situated to the front of the property.

  • Listing ID: 29875474

  • Date on Market: 2023-10-25

  • Last Updated:

  • Address: 63 High St, Nairn IV12 4BW

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