Business Summary

CCL Property are delighted to bring to market a fantastic business and investment opportunity in a prime location in Inverness. The site benefits from full planning consent for a conversion of a former office accommodation into a 48 bed back packers hostel. A building warrant has also been obtained. There is great demand for this type of accommodation in Inverness. The site is ideally located in the centre of Inverness a short walk from both the bus and train station. Spread over 3 floors there is a tenant in place on the ground floor.

48 Bed Backpackers Hostel
Excellent Central Location
Full Planning Permission and Building Warrant
Annual Rent £25,000 for Ground Floor Unit
Well Established Tenant
Upward Rent Review
Freehold

Inverness, 'the City in the Highlands' is a modern city that is the Highland's main settlement and the hub of a transport network leading to and from all parts of the Highlands and the rest of the UK. Through serving the needs of an extensive and rural hinterland as well as visitors Inverness is a bustling place with an excellent shopping choice, including the most northerly locations of many 'High Street' retail chains. Loch Ness is only a few minutes’ drive. To the South and West lie the big hills in the heart of the Highlands, notably around Glen Affric. West of Inverness and with the little town of Beauly at its Northern gateway, the long glen of Strathglass leads into these heartlands. East of Inverness, the hills gradually give way to the narrow and sheltered lowland strip around the edge of the Moray Firth, where the main town is Nairn, a long-established small resort notable for its golf and fine beaches.

Property Details