Property photos
Offers over
£360,000
(£66.85/sq. ft)
Office for sale
Wells Street, Inverness IV35,385 sq. ft
Local area information
Property location
Nearby amenities
- Bishop Eden Primary School 0.1 miles
- St Joseph's RC Primary 0.2 miles
- Inverness 0.5 miles
- Inverness Loch Ness Ferry Landing 6.1 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Inverness to find out more about the local area.
Features and description
- Substantial two storey commercial building currently used as offices, storage and studios.
- On site car park to the rear as well as permitted on street parking
- Flexible layout suitable for a range of occupiers
- Extends to a Gross Internal Area (gia) of approximately 665 sq m (7,158 sq ft) and Net Internal Area (NIA) of 500 sq m (5,385 sq ft)
- Partially occupied at first floor levels on flexible terms allowing for an income stream or larger area for occupation
The subjects comprise a substantial mid-terraced commercial property arranged over two floors. Originally constructed as a residential dwelling, the building was subsequently altered and extended to accommodate workshop and office use. More recently, the former workshop has been converted to provide a number of office and studio spaces, predominantly arranged in a cellular layout.
Location
The subjects are located on Wells Street on the western side of Inverness, within walking distance of the city centre. Surrounding properties are of mixed age and style, comprising both residential and commercial occupiers.
Access to the rear car park is via a lane over which the property has a right of access. Public transport connections are available close by, with bus and train stations nearby, and strong road links are provided via the A9, A96, and A82.
Inverness is the administrative capital of the Highlands, with a resident population of approximately 65,000 and a wider catchment of around 350,000. The city is a key regional hub and popular tourist destination.
Tenure
The subjects are predominantly available on a vacant possession basis, although part of the first floor level are currently let out.
Tenant 1 leases the subjects for a fixed term of two years from July 2025 unless terminated earlier by either party upon sixty (60) days' written notice. After the initial term, the Lease shall continue on an annual basis unless terminated by either party upon sixty (60) days' written notice.
Tenant 2 leases the subjects for fixed term of two years from February 2025, and thereafter on an annual basis until terminated by either party upon sixty (60) days written notice.
Copies of lease information are available on request.
Sale
Offers over £360,000 are invited for the heritable interest in the subjects.
Rateable Value
According to the Scottish Assessor's website () the subjects have a combined Rateable Value of £44,650 effective 1st April 2023.
Utilities
The property has mains supplies of water, electricity and gas. Drainage is to the main sewer. Heating is provided by a gas fired atag boiler located in an upstairs office.
EPC
The Energy Performance Certificate rating is ‘A'.
Legal Costs
Each party will be responsible for their own legal costs incurred in the preparation, negotiation and settlement of the documentation pertaining to the lease or sale including LBTT or VAT applicable.
Entry
On completion of legal formalities.
Aml Requirements
To satisfy our money laundering requirements, once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase, before the transaction can proceed.
Location
The subjects are located on Wells Street on the western side of Inverness, within walking distance of the city centre. Surrounding properties are of mixed age and style, comprising both residential and commercial occupiers.
Access to the rear car park is via a lane over which the property has a right of access. Public transport connections are available close by, with bus and train stations nearby, and strong road links are provided via the A9, A96, and A82.
Inverness is the administrative capital of the Highlands, with a resident population of approximately 65,000 and a wider catchment of around 350,000. The city is a key regional hub and popular tourist destination.
Tenure
The subjects are predominantly available on a vacant possession basis, although part of the first floor level are currently let out.
Tenant 1 leases the subjects for a fixed term of two years from July 2025 unless terminated earlier by either party upon sixty (60) days' written notice. After the initial term, the Lease shall continue on an annual basis unless terminated by either party upon sixty (60) days' written notice.
Tenant 2 leases the subjects for fixed term of two years from February 2025, and thereafter on an annual basis until terminated by either party upon sixty (60) days written notice.
Copies of lease information are available on request.
Sale
Offers over £360,000 are invited for the heritable interest in the subjects.
Rateable Value
According to the Scottish Assessor's website () the subjects have a combined Rateable Value of £44,650 effective 1st April 2023.
Utilities
The property has mains supplies of water, electricity and gas. Drainage is to the main sewer. Heating is provided by a gas fired atag boiler located in an upstairs office.
EPC
The Energy Performance Certificate rating is ‘A'.
Legal Costs
Each party will be responsible for their own legal costs incurred in the preparation, negotiation and settlement of the documentation pertaining to the lease or sale including LBTT or VAT applicable.
Entry
On completion of legal formalities.
Aml Requirements
To satisfy our money laundering requirements, once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase, before the transaction can proceed.
Floor plans and tours
Floor plans (1)
More information
Listed by
Allied Surveyors Scotland
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