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15 Academy Street

Inverness, IV1 1JN
For Sale
Size: 900.97 sq.m (9,698 sq.ft)
Type: Investment
Location: Inverness

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Highlights

  • Prominent corner site banking hall and offices in Inverness city centre
  • Total accommodation of 9,698 sq ft (900.96 sq m)
  • Fully let to Clydesdale Bank plc until 30th September 2033
  • Undoubted covenant
  • Passing rental of £104,000 per annum
  • Offers in excess of £985,000 exc VAT, reflecting a net initial yield of 10.00%, after purchaser's costs

Overview

This substantial building is of stone and slate construction and comprises accommodation over 3 storeys, attic and basement. There is frontage to Academy Street and Union Street, the location being ideal for the banking use including provision for ATM's externally. Internally the accommodation comprises a substantial ground floor banking hall with offices and staff accommodation on the upper floors. The basement provides storage. The property is fitted out to a high standard in the
corporate style of the occupier. A lift is installed serving all floors. The building is Category B Listed.