25-27 High Street, Dingwall, Ross-Shire, IV15 9RU
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Read more Read moreThe property comprises a high yielding retail investment let to an established local charity on Dingwall High Street. Arranged as a triple fronted retail unit to the ground floor with ancillary space to the upper parts, the property is fully let to New Start Highland, an established local charity, on a 10 year lease expiring 28.02.2026 and paying £13,750 per annum. We consider the property may benefit from asset management potential via renewal of the lease and improving the annual rent. Alternatively, the property could be split to provide three retail units and let separately with an anticipated ERV of £30,000 per annum. The property occupies a prominent central pitch on the High Street in Dingwall, a market town which serves as the principal retail amenity for a large catchment of Highland communities. Nearby tenants include Original Factory Shop, Pounstretcher and Boots.
