Travis Perkins trade counter investment opportunity in Tain for sale

Scotland’s oldest royal burgh, Tain is a thriving town in the northeast Highlands, situated on the southern shore of the Dornoch Firth, 35 miles north of Inverness. It serves as a key hub for the surrounding rural communities, including parts of southeast Sutherland, benefiting from its extensive catchment area.

Tain is located just off the A9 trunk road, which links Wick and Thurso in the north to Inverness and Scotland’s central belt in the south. Regular bus and rail services, including a railway station on the Far North Line, provide excellent connectivity to Wick, Thurso, and Inverness.

The detached warehouse and showroom building within a busy industrial estate, is occupied by timber and builders’ merchant Travis Perkins and set within a secure and gated yard with car parking.

The property is located on the north side of Shore Road, half a mile northwest of Tain town centre. It enjoys excellent access to the main A9 via the B9174 road. Surrounding properties are predominantly in similar commercial use, with a Tesco Supermarket a short distance to the southwest.

The main warehouse is of steel portal frame construction. Accessed via doors on the gable end of the building and inter-linked via doors leading to the rear warehouse, it provides partitioned offices, toilet and kitchen facilities in addition to the open plan showroom.

The site extends to 1.05 acres and is accessed directly off Shore Road. There are car parking bays marked adjacent to the showroom entrance. The yard provides open storage space around the building. The overall site is bound by steel fencing.

Neil Calder, partner at Shepherd Chartered Surveyors, said:

“Tain enjoys a prime position relative to the Inverness and Cromarty Firth Green Freeport. The freeport includes key strategic sites such as Nigg Energy Park (9 miles away) and the Port of Cromarty Firth in Invergordon (12 miles away).

“These locations are at the forefront of Scotland’s transition to renewable energy, supporting offshore wind projects, hydrogen production, sustainable manufacturing, and oil and gas decommissioning.

“The freeport is expected to generate thousands of jobs, establish the Highlands as a global hub for green energy, and drive long-term economic growth.

“Tain has historically played a significant role in the local economy, primarily through its association with the internationally renowned Glenmorangie Distillery, a cornerstone of the Scotch whisky industry and one of the town’s major employers.

“The surrounding area also supports a thriving agricultural and forestry sector, reflecting the region’s rural heritage and resources.”

The property is leased to Travis Perkins (Properties) until 2029 at a passing rent of £52,500 per annum. There are no further rent reviews. It is for sale with the benefit of the existing lease. Offers over £575,000, are invited. Based on the current rental income of £52,500 per annum, a purchase price at this level represents a Net Initial Yield of 8.71%.

Interested parties should contact the sole selling agent for details on tel 01463 712239.

ENDS

For further information please contact Neil Calder at Shepherd on tel 01463 712239