Vacant Commercial Property LOT 73

15-17 Traill Street, Thurso, Caithness, KW14 8EJ
GUIDE PRICE

Deadline for Offers

30 September 2021, 3pm

Bidding Closes in

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  • TypeCommercial
  • Ownership Freehold
  • Occupation Vacant
  • Rateable Value Search SAA

Description

Full Address: 15-17 Traill Street, Thurso, Caithness, KW14 8EJ

**TERRIFIC DEVELOPMENT POTENTIAL** Rarely available former bank and offices in Prime central Thurso location

Ground floor recently let to Clydesdale bank at £18k per annum. Upper floors are offices that had been achieving £22k per annum until recently,

POSSIBLE RESIDENTIAL DEVELOPMENT OPPORTUNITY- Plans in place to convert to residential serviced apartments. Drawings available upon request

Property benefits from having zero business rates due to it being a listed building. It is believed this won't impact internal development (Subject to investigating and gaining necessary consents)

Thurso is Scotlandís most northerly town and is situated on the north coast of Caithness. Occupiers in the vicinity include TSB Bank, Ladbrokes and M&Co.

**TERRIFIC DEVELOPMENT POTENTIAL** Rarely available former bank and offices in Prime central Thurso location. Built in 1866 the property is a Grade B Listed building of stone and slate construction arranged over Ground, First and Attic foors. It has attractive curved corners and a parapet detail at attic level with dormer windows behind. On the rear elevation there is a modern lean to addition under a fat roof and an external stair to frst foor kitchen area. There are high ceilings, picture rails, timber panels and some stained glass windows. The windows are predominantly timber sash and casement with single glazing, heating is by a gas fred central heating system at ground foor and wall mounted electric radiators at frst and attic levels. The ground foor has most recently been occupied as a bank premises and the frst and attic foors have been in offce use. Whilst it is in good condition and could readily be occupied again for the existing use, the building would lend itself to some redevelopment to at least partial residential use subject to obtaining all the necessary consents. Floor plans for both the existing layout and for a possible redevelopment are available on request. There are plans drawn up to do serviced apartments as the area is popular for Dounreay workers and NC500 tourists. There is a lack of short term rental accommodation in the town and it is believed any planning applications would be looked upon favourably. Property benefits from having zero business rates due to it being a listed building. It is believed this won't impact internal development (Subject to investigating and gaining necessary consents)

Thurso is Scotlandís most northerly town and is situated on the north coast of Caithness. It is approx. 109 miles north of Inverness and provides a good range of local services as well as providing a gateway to the Orkney Islands with a car ferry route from Scrabster (1.5miles to the north west). It is also one of the larger settlements on the North Coast 500 Route. The property occupies a prominent corner position on the main route through the town centre, where Traill Street meets Cowie Lane. Occupiers in the vicinity include TSB Bank, Ladbrokes and M&Co. It is close to the pedestrianised High Street.

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Location

Pricing Information & Bidding

Guide Price: £95,000


What is a Guide Price... Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change prior to the auction.

Offer Now... You may submit an offer now on this property for the owner to consider ahead of the set auction. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 2.5% of Sale Price (Minimum £2,500 + vat)

* STANDARD TERMS are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

Auction Details

Date & Time: 30 September 2021, 3pm
Type: Deadline for Offers

View Full Auction Catalogue

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