Shepherd famous the property is being bought by its proprietor with the “present espresso store”, Julie’s, “remaining because the sitting tenant”.
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The property agent stated: “Stafford Avenue enjoys a excessive stage of pedestrian footfall and connects on to George Avenue, which varieties a part of the principle A85 by means of the city centre. There’s a good choice of each native and nationwide operators within the rapid neighborhood.
“The engaging ground-floor unit at present operates as a espresso store set inside a wider three-storey hooked up constructing of conventional masonry building with the higher flooring in residential use.”
It added: “The café has two giant home windows fronting Stafford Avenue with lodging offering a servery/counter space with kitchen to the rear, a seating space (23 covers), female and male bogs plus a small retailer.”
Shepherd famous that, to the entrance of the constructing, there may be provision for additional exterior seating, comprising 16 covers, underneath pull-out awnings.
It stated: “Oban, ‘The Little Bay’ in Gaelic, is a well-established port city inside [the] Argyll and Bute Council space and is certainly one of Scotland’s hottest vacationer locations positioned on the coast of the Firth of Lorn with views out to the islands of Lismore and Kerrera, with the Isle of Mull past.”
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Linda Cameron, at Shepherd, stated: “There’s a short-term lease in place to a longtime native operator buying and selling as Julie’s Espresso Home. The present tenant has been in occupation since 2017. The present rental earnings is £12,000 each year.”
She famous that the five hundred sq ft property qualifies for 100% charges aid.
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Ms Cameron stated: “Presents over £150,000 are invited for this VAT-free sale. This displays a sexy internet preliminary yield of seven.86%.”
Shepherd stated: “Often called the Gateway to the Isles, Oban is Caledonian MacBrayne’s busiest ferry terminal serving the Western Isles.”
