Bank of Scotland Inverness building up for sale

An Inverness building let to Bank of Scotland is being marketed for sale by Shepherd Chartered Surveyors

Bank of Scotland Eastgate, Inverness

The property occupies a prime retail position on Eastgate at the High Street and Inglis Street junction directly opposite the Eastgate Shopping Centre.

An attractive ‘B’ listed stone and slate building set over three floors, the property has a corporate fit-out. The ground floor provides a general banking hall and the two upper floors offer office accommodation for back room banking staff and staff ancillary facilities.

All three floors are serviced by a lift and two staircases. The 7,900 sq ft building has been completely redeveloped behind the existing façade.

Neil Calder, partner in the Inverness office of Shepherd Chartered Surveyors, said: “This attractive property is let to Bank of Scotland, a tenant with a 5A1 covenant, to 2029 on a rebased rent of £150,000 per annum, which reflects an overall Zone A rate of £60 per sq ft. We anticipate keen interest in this rare opportunity to acquire a prime retail investment in Inverness.”

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