102 Argyll Street, Dunoon, Argyll

For sale: Offers over £95,000

Investment Property 1,711.48 Sq Ft

Key Features

Prime Retail Investment

Prime town centre location

185.84 sq. m. (1,710 sq. ft.)

Let until April 2030

Passing rent £10,000 per annum

Offers over £95,000

Net Initial Yield 10.34%

Download brochure

About the property Location

Key Features

Prime Retail Investment

Prime town centre location

185.84 sq. m. (1,710 sq. ft.)

Let until April 2030

Passing rent £10,000 per annum

Offers over £95,000

Net Initial Yield 10.34%

Download brochure

Property Description

The subjects comprise the ground floor of a two storey end terrace building formed in stone and surmounted by a pitched roof clad in slate. Internal accommodation comprises the following: Retail area Staff office Storage Staff WC Kitchen The property is currently let to Semi Chem on a full repairing and insuring terms for an initial 5-year lease subsequently extended and due to expire on 10th April 2030 with a tenant break option on 11th April 2028. The passing rent is £10,000 per annum.

Get in touch

For more information please get in touch with our agent:

Liam Loudon

liam.loudon@shepherd.co.uk

Location

Dunoon is the main settlement on the Cowal Peninsula and has a resident population of 8,250. The town is accessible by both road and ferry, the ferry crossings being from Greenock and Gourock via Cal Mac and Western respectively, both of which offer a regular crossing 7 days a week.

The subjects are located in the main commercial area of Dunoon in a prominent position on the east side of Argyll Street between its junctions with Moir Street to the north and Ferry Brae to the south. Nearby occupiers include M & Co., Home Hardware and Boots the Chemist.