104 Church Street is a prominent trading location within the centre of Inverness. The property is located in an attractive and much sought after area adjacent to the City Centre and within a short walk of River Ness. The subjects comprise a shop arranged on the ground floor of a two storey building of traditional stone construction under a slated roof; the first floor units are not included in the sale. This shop is situated close to other retails units, service providers and a range of restaurants etc. The unit has a prominent frontage extending to 6.9 metres. Internally the property has an open-plan sales area plus a separate utility area including staff washroom which in total extends to around 63m2. The utility rooms extend to circa 6.6m2 of the available space.
Since 1991 Artmedia has established itself as a popular art supplies business resulting in a constant stream of regular trade with many repeat customers who have used the services of this attractive shop over many years. The present operator has chosen to relocate and retire from the retail industry hence the sale of the premises. However he would be willing to sell the trading name, goodwill and stock by separate valuation. A full description of the business can be seen on the trading website (www.artmediainverness.co.uk).
Of traditional construction, 104 Church Street is situated on the ground floor with units above which are not included in the sale. The shop has two large display windows providing ample merchandising space. The large frontage offers ample branding space for new businesses. With a door central to its frontage, access is off the pavement. Internally there is a false ceiling with defused lighting. Currently there is a free-standing display counter and to the right of the unit is a small office / utility area with washroom.
The property is entered in the Valuation Roll at a Rateable Value of £10,700. In 2016 the property benefits from the small business bonus scheme discounts of 50% generating a net rates liability of £2,589.40 for eligible applicants.
The property benefits from mains electricity, water and drainage.
Full accounting information will be made available to interested parties subsequent to viewing for those wishing to purchase the trading name and business.
This property has an Energy Performance Rating of G.
The shop is on the edge of the main trading centre of the City. Inverness has extensive facilities for residents and visitors boasting two golf courses, a theatre (Eden Court), an excellent indoor swimming complex, cinema, bowling and ample opportunity to enjoy evening entertainment at a range of venues. Inverness is a popular tourist destination swelling its population greatly in the main tourist season. Nearby Cawdor Castle offers a taste of Scotland’s medieval past while Culloden Battlefield and Visitor Centre is an ongoing testament to Bonnie Prince Charlie’s final futile attempt to gain the throne in 1746. Whether it is a whisky trail, a boat trip on Loch Ness or a visit to one of the many accessible Scottish castles, the property is ideally situated to allow guests to undertake their odyssey of the Highlands, being within easy reach of a wide range of visitor attractions. Inverness is a vibrant and growing City and with such expansion comes many opportunities in both commerce and social activities. Such growth benefits established businesses and ensures a year-round trade potential.
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