Development Opportunity Retail/residential Industrial Unit, Riverside, KW14 8BZ

Attractive Retail/Residential Development Opportunity in the Ever-Popular Town of Thurso.

• Development, comprising three interconnected buildings, previously utilised as an engineering workshop.

• Prominent location in Thurso, on the banks of the river, ideal for residential development as favoured in the Caithness local plan.

• Being sold as a vacant unit, approximate internal areas amounting to 673m2.

• Also suitable for office/retail/light industrial use or other business requirements subject to consents.

DESCRIPTION

Riverside Development is in the town of Thurso in Caithness. The property consists of an interconnected warehouse complex with ancillary office accommodation. Parking is available along riverside road as well as in designated council operated car parks.

The Caithness Local Plan favours residential development in this area. It seems likely that the Planning Authority would favour a flatted development of no more than 2 storey height. It is likely that the site could accommodate 8-10 units, allowing for the ancillary car parking etc. The remainder of the area would be apportioned to at least 15 car parking spaces (180m2), in line with Local Authority requirements. The Local Planning Authority would also give consideration to retail or warehouse use.

LOCATION

The property has a frontage onto Riverside Road overlooking the River Thurso, and is within walking distance of the town centre and all main amenities. In the nearby vicinity there are Retirement Flats, a Chip Shop and a Glass Blowing Studio, Retail Furniture Showrooms and the British Legion. The town has a good mix of traditional shops, cafes, bars and restaurants, the well-known River Thurso flows through the town attracting salmon fishers from all over. There is an attractive sandy beach with spectacular views across to Orkney and Dunnet Head.

CONSTRUCTION

The property comprises a group of interconnecting buildings:

Building 1

Workshop/Office

28.45m x 10.5m. Single storey fronting onto Riverside Road, forming the eastern section, having solid stone with part block walls, with staff facilities and storage area at first floor level. This building has a double pitched slate covered roof with a flat section, presumed to be finished with felt. Floors are concrete to the ground floor and has suspended timber to the upper floor. The interior is unfinished. Gross external floor area 305m2 (including first floor mezzanine).

Building 2

Storage

3.9m x 20.55m. An infill single storey storage building located between the Buildings 1&2. Concrete block walls with a lean-to corrugated asbestos roof. Concrete floor, unfinished interior. There is a small integral store room to the rear of this building. Area 80m2.

Building 3

Workshop

28.2m x 9.2m. Single storey, attached to Building 2. Steel framed with single skin, concrete block walls, harled finish, and having a pitched, corrugated asbestos roof with Perspex panels. Concrete floor, unfinished interior and attached workshop. Area 259m2.

THE PROPERTY

Front Workshop: Ground Floor - 280m2

Infill Workshop: Ground Floor - 68m2

Rear Workshop: Ground Floor - 209m2

Lean-to-store: Ground Floor - 60m2

Shed: Ground Floor - 12m2

Storage Area: First Floor - 44m2

TOTAL - 673m2 (7241 sq. ft.)

SERVICES

Mains electricity (3 phase lOOamp entrance located to main workshop), water and drainage. Lighting is mainly fluorescent strip. There are various fire prevention services installed in the buildings, including 'break-glass' units and hand held fire extinguishers. Heating was confined to panel radiators in the offices.

PRICE

Offers over £150,000 (Freehold) are invited for the heritable property.