£4.770.000
Confirmation
Long income retail & leisure investment
Inverness, United Kingdom
Retail
#34116
Core
27 Oct 2024
Property Details
Broker
For sale
46,747 sq.ft.
4,343 m²Leasable area
102 £/sq.ft.
1,098 £/m²9.00 %
4
Freehold
Fees
Investment Overview
A highly prominent location on the banks of the River Ness. Property commands a very impressive and highly prominent corner position at the junction with Bridge Street and Bank Street. The property is regarded as a vibrant and well-established mixed-use retail and leisure destination extending to 46,747 sq ft (4,343 sq m) across ground, first floor and lower ground levels. Anchored by renowned brands including Primark and Zizzi’s, the property boasts impressive extensive glazed elevations, offering unique and picturesque views of the River Ness from the west elevation. The upper floors which comprise of 33 high-end residential apartments together with private underground parking are held under separate private ownership. The property benefits from an extremely attractive, long WAULT of c.33 years to expiry (WAULTC c.30 years).
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