Quayside is an expansive property portfolio offering a flexible proposition with a number of individual units combining to make an attractive acquisition. The building has a significant footprint with many flexible features. The property is presented in a sound state of repair providing a turn-key operation for those wishing to operate as a hospitality business. The subjects also could be considered a commercial development project with great potential and flexibility for a number of uses such as office space, light industrial etc.
The property has a number of elements which can be summarized as spacious owner’s accommodation and bed and breakfast accommodation comprising of 5 private bedrooms, 2 self catering en-suite guest bedrooms, three separate shower rooms plus a spacious dining kitchen, separate dining room and lounge. In addition there are 2 self-contained flats which could be ideal for long-lets or holiday lets. A further spacious 3-bedroomed house is included within the sale. The final element is a retail unit set to street level. An attractive feature of the sale is that the individual units are accessed privately and there is a spacious courtyard area, a large workshop and garage, with a large heated store room. The property offers a level of flexibility seldom seen in a purchase of this magnitude.
The current owners trade Quayside to suit their own personal lifestyle choice. At the present time income is derived from letting 2 en-suite bedrooms, one of the two self-contained flats and the three bedroom house. The accommodation is let to long-term guests and this is where the current owners see an enduring requirement for demand due to the on-going infrastructure works in the region. The retail unit which traded previously as a hair salon is now vacant with the retiral of the present tenant and could easily be reinstated as a salon or indeed developed for a number of other uses. Also not trading at present are the bed and breakfast elements within the house and one of the flats is vacant through choice. Living at Quayside for some 30 years and having traded for 20 years, the vendors have now vacated the owner’s accommodation; it is their desire to sell the business and fully retire. Consequently they trade to suit their personal preferences and to ensure they maintain a sound work-life balance. Income is purposely maintained at a modest level but new owners could derive a higher level of income from trading the vacant units. All trading areas including the large workshop and garage are presented to a good standard.
QUAYSIDE BED AND BREAKFAST
The Bed and Breakfast is mainly set over three floors in a ‘U’ shape around a secure courtyard.
Access is gained from two separate entrances to the front aspects plus a further access via the courtyard. Upon entry via the guest door is a hallway which leads to stairs and the first floor. An internal door leads to a further hallway which has an attractive spiral staircase plus a further door leading to ground floor accommodation. A hallway leads to two bedrooms. Bedroom 5 is a self-contained room with a double bed and benefiting from kitchen facilities and a shower room. Opposite is Room 6 which is also a large self-contained room with a double bed and a bunk bed, kitchen / dining area and en-suite shower room. A further shower room is situated along this corridor and is set aside for owners use. The corridor continues into a large utility/laundry room which includes 2 washing machines, 2 tumbler dryers, 2 fridge freezers, 1 chest freezer and a Rotary Meile Iron. This room is well-appointed, and provides access via a staircase to the first floor.
The first floor provides a spacious living area plus some trading aspects. There is a large lounge / sunroom which overlooks the courtyard. Off the rear hallway there is an external raised decking platform. From the lounge, access is gained to the spacious kitchen which is set with a dining table. The kitchen benefits from modern wall and floor mounted units offering plenty of storage. The double (5 ring and two ovens) Rangemaster cooker and other white goods are included in the sale. Off the kitchen is the dining room with a gas fire which benefits from views across the harbor. A door leads to a hallway giving access to a double bedroom, a store room and three shower rooms. Stairs lead to the ground and second floor.
The second floor contains 4 bedrooms; 2 doubles and 2 singles. These rooms offer flexible accommodation either as letting bedrooms or for private use. There also is a heated linen cupboard.
QUAYSIDE FLAT 1
This self-contained flat is a spacious letting unit. Situated off the rear hallway the flat has views over the courtyard. A well-appointed kitchen and dining area leads into a bright and attractive lounge. The flat benefits from a large double bedroom and en-suite shower room.
QUAYSIDE FLAT 2
Accessed from the courtyard via a ground floor hallway, stairs lead to the first floor. This spacious 2-bedroom self-contained unit has a spacious open plan kitchen / dining room / lounge with views to the courtyard. The two bedrooms are set to doubles and share a spacious shower room.
Both flats are fully furnished and all furniture fittings and fixtures are included.
3-BEDROOM HOUSE (2 ROSE STREET)
This attractive property is accessed from both Rose Street and also via rear stairs from the courtyard leading to a door entering the first floor. The ground floor access opens into a spacious entrance hallway which leads into a well-appointed kitchen with plentiful wall and floor mounted units. The kitchen has a Rangemaster cooker and a full range of white goods. A dining table fits easily into the kitchen. Off the hall is a cloak cupboard and stairs leading to the first and second floors which access 3 double bedrooms, all of which benefit from en-suite facilities. Also on the first floor is a spacious lounge with views to the Harbour. Throughout there is ample storage facilities. The house is presented in good condition with well-presented decor. This property is presented for sale full furnished and equipped and is presently let, but would make an ideal family home.
RETAIL UNIT (1 ROSE STREET)
This attractive retail unit has a prominent corner location with accesses from Harbour Quay and Rose Street. This compact unit extends to approximately 42m2 and is configured to a hairdresser’s salon but is presently vacant. The internal construction is mainly of stud walling and therefore could be reconfigured for other potential uses subject to consents. The facilities include a counter unit, a staff kitchenette plus a staff wash room.
The Quayside portfolio is formed from the buildings on the corner of Harbour Quay and Rose Street central to the town. Each aspect of the property has separate access from the main roads at street level. The original property was constructed around the 1800s and is mainly of stone construction under a pitched slate roof; there are some newer sloping roof areas. Only by viewing will purchasers be able to grasp the substantial footprint Quayside offers along with the undoubted development potential. An attractive feature of the sale is the very large workshop located off the utility room which would make an ideal studio either for arts and crafts production, as an office facility or a wide range of other uses. The workshop has a ‘wide-door’ access into the courtyard, and is provided with a dedicated 440V 3Ph 50 Hz supply. Access to the courtyard is via an arched access off Rose Street and is secured with two large gates. The courtyard itself is laid to concrete/Caithness Flagstones and offers a large and secure utility space either for parking or recreation depending on owner’s requirements. A large garage provides parking for 2 vehicles and has a separate large heated storage room.
PLANS & DIMENSIONS
A set of indicative plans and room dimensions are available upon request to the selling agents.
The property has all major mains services (electricity, gas, water and drainage). Heating and water is provided by three separate boiler systems. The property is double glazed, other than the workshop and utility/laundry room. Wifi and Satellite TV are provided.
The Letting rooms, Flats and the Rose St House are all offered for sale fully furnished and fully equipped, and operational. The private rooms are vacant possession but are carpeted and curtained.
Quayside is trading to a restricted level but with potential to develop turnover further. Trading information will be made available to seriously interested parties subsequent to viewing.
Offers Over £385,000 are invited for the heritable property complete with goodwill and trade contents (according to inventory), excluding personal items. Stock at valuation.
The EPC rating of the properties are; Quayside Bed and Breakfast – E; Flat 1 – D; Flat 2 – D; No 2 Rose Street – E; No 1 Rose Street - G
Set within the popular town of Wick with attractive Harbour frontage, Quayside property portfolio boasts an excellent location to take advantage of the growing and major business developments underway and planned in Wick and surrounding areas. Projects such as the (delete 1 the) Beatrice Offshore Wind Farm site which is located 13.5 km (at its closest point) from the Caithness Coast in the Outer Moray Firth; the proposal is to install up to 110 turbines. Others include new nuclear archive, the HVDC Cromarty Firth Project and associated Country wide substation infrastructure. These along with other local projects are creating a requirement for business premises and short term accommodation within the town.
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