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130 George St, Oban

Shop for sale

£190,000 1,250 sq ft

DM Hall
Property type

Shop for sale

Full address
130 George St, Oban PA34 5NT – Oban
Asking price
£190,000
Available space range
There is 1 space available. This measures 1,250 sq ft.
Brochure
Download the brochure

Sale details

Sale unit 3852339 Available

1,250 sq ft, £152 per sq ft

Unit Sale unit 3852339
Address 130 George St, Oban, Argyll And Bute, PA34 5NT, GB
Size 1,250 sq ft
Price £190,000
Price per unit £152 per sq ft
  • The premises comprise a ground floor restaurant unit within a 3 storey tenement building of traditional construction under a pitched and slated roof.
  • Internally, the restaurant provides a seating area to the front with kitchen facilities to the rear.
  • From measurements taken on site we calculate the property to extend to the following net internal floor area: ground floor 116.21 sq.m. (1,250 sq.
  • Ft.
  • ).
  • Reference to the assessors website has shown that the subjects are entered in the current valuation roll with a rateable value of £11,900. please note that a new occupier has the right to appeal the current assessment.
  • The property is currently held on a full repairing and insuring lease to a private individual t/a crystal castle until 6th january 2033. the property is subject to 5 yearly rent reviews with the next rent review being on 7th january 2023. the current passing rent is £20,000 per annum.
  • Offers in excess of £190,000 are invited for our clients heritable interest in the subjects.
  • A purchase at this level would reflect a net initial yield of 10.32%.
Sale type Investment
Tenure Freehold
More building details Less building details

Property facts for 130 George St, Oban

The premises comprise a ground floor restaurant unit within a 3 storey tenement building of traditional construction under a pitched and slated roof.

Internally, the restaurant provides a seating area to the front with kitchen facilities to the rear

Number of storeys
1
Rentable building area
1,250 sq ft
Year built
1990

Attachments

PDF #1 Marketing brochure/flyer Download

This shop for sale is located in Oban.

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Meet the team

DM Hall

  • A profile photo of Alister Gibson Alister Gibson
  • Claire Hutton
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Meet the team

DM Hall

  • A profile photo of Alister Gibson Alister Gibson
  • Claire Hutton
View the performance or update the listing in CoStar

Contact agent

020 *** ****

When prompted enter this code:

Please supply a contact name

Please supply a valid email

Please supply either an email or phone number

Please supply a valid phone number

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to DM Hall. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact DM Hall for full details and further information.