This detached building of block construction with some timber extensions presents a large property footprint. The shop is presently leased out on a long-term lease and extends only to the ground floor of the property. The business is well-established and has a regular level of year-round trade providing an invaluable service to this charming community. The Cromarty Stores is the only convenience store in the village offering a wide range of goods and services. The residential flat is situated on the first floor presenting spacious 3-bedroom accommodation which could be used by owners, let as short-term holiday accommodation or long-term lets.
The shop is located in the centre of the village of Cromarty which is poised on the tip of the Black Isle guarding the mouth of the Cromarty Firth. Situated some 23 miles north of the City of Inverness, this vibrant village currently has a population of around 700 which increases during the summer months with the influx of many tourists. Cromarty is also a popular day trip destination with its places of historic interest and the dolphin / minke whale boat trips. The village offers a good range of amenities to include a hotel, bar, cafes and other shops. There is a health centre and a primary school which service the village and surrounding area. Secondary schooling is provided at Fortrose Academy.
The property was purchased by the current landlords in 2006 but it is their desire to reduce their business commitments that brings this investment opportunity to the market.
The original property was built circa 1913 of block construction mainly under a slate roof with a flat roof extension. There is a timber storage area under pitched roof to the rear. The main subjects are arranged over two floors.
Access to the trading elements of the shop is from street level facing the main road. The main sales area is set to aisles with wall mounted display units. The sales counter sits to the right of the door upon entry. To the rear of the business there is an office area and a door that leads to the non-customer areas which includes ladies and gent’s bathrooms and a staff utility area. Beyond the staff area is a substantial storage space which is more than adequate for business needs. The full shop and storage areas extend to circa 208m2. A plan of the shop is available upon request to the selling agents.
The residential flat is located on the first floor and benefits from a private entrance located to the side of the building. Accommodation comprises of:
Family Bathroom (1.950m by 2.330m) – includes a wash hand basin, W.C. and bath
Lounge (3.742m by 3.640m) – double aspect windows with solid-fuel fireplace
Bedroom 1 (2.205m by 3.824m)
Bedroom 2 (3.672m by 2.497m)
Bedroom 3 (2.236m by 4.857m)
Kitchen / Dining Room (Dining Area: 2.986m by 3.802m and Kitchen: 1.976m by 2.060m) - with attractive storage units and work tops, all electric appliances and an open solid-fuel fire.
Windows are sash and case single glazed. Heating within the flat in addition to the aforementioned solid-fuel fireplaces is via Dimplex electrical storage heaters.
The car park to the side of the shop does not form part of the lease or sale but is available by separate negotiation.
Both properties benefit from mains electricity, water supply and drainage. Each area has independent metering for electricity.
The shop has a liquor license under the Licensing Scotland Act 2005 and a copy of the operating plan is available to interested parties. The License is held in the Landlords name.
The lease for the shop generates an annual income of £11,500. The lease is set to run until 16th October 2035. A copy of the lease document will be made available to seriously interested parties post viewing. The flat is currently vacant but previously was rented out for £425p.c.m (£5,100 p.a.).
Number of bedrooms: 3
Accommodation Details: See above for details on the flat.
Cromarty Stores is located in the centre of the village poised on the tip of the Black Isle guarding the mouth of the Cromarty Firth. Situated about 23 miles north of the City of Inverness, this vibrant village currently has a population of circa 700 which increases during the summer months with the influx of tourists. Cromarty is also a popular tourist day trip destination with its places of historic interest and the dolphin / minke whale boat trips.
The village offers a good range of amenities to include a hotel, bar, cafes and other shops. There is a health centre and a primary school which service the village and surrounding area. Secondary schooling is provided at Fortrose Academy.
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