FOR SALE BY ONLINE AUCTION WEDNESDAY 23RD OF JULY 2025 AT 9.00AM - ***WE ARE DELIGHTED TO PRESENT AN EXCEPTIONAL OPPORTUNITY TO ACQUIRE A FULLY TENANTED COMMERCIAL PROPERTY IN THE HEART OF DINGWALL***THIS PROMINENT RETAIL UNIT BENEFITS FROM A CENTRAL HIGH STREET LOCATION, EXCELLENT FOOTFALL,AND STRONG LOCAL AMENITIES***HIGH POTENTIAL ANNUAL RENTAL YIELD OF 13.33% BASED ON MARKET RENTAL VALUE AND GUIDE PRICE***GREAT ASSET MANAGEMENT POTENTIAL***
***The property is currently let to Sirena Sun, a well-established and reputable tanning salon with a loyal customer base. The tenant has demonstrated consistent occupancy and business performance, making this a secure and attractive investment with immediate income.***
***KEY FEATURES***
- Prime high street location in Dingwall town centre
- Established, successful tenant Sirena Sun operating as tanning salon
- Well-maintained premises with modern fit-out
- Attractive yield potential - Currently let for £7,000 per annum NO VAT. Potential rent based on market rates of £10,000 per annum. High Potential annual rental yield of 13.33% based on market rental value and guide price.
- Strong local demand for commercial space
***This is an ideal acquisition for investors seeking a low-maintenance, income-producing asset in a growing Highland town with good transport links and a supportive local economy.***
***RECENT NEARBY RESIDENTIAL PROPERTY SALES***
- Fairwinds, Upper Knockburn Road, Dingwall, IV15 9NR, 3 bedroom - SOLD Mar'25 - £255,000
- 36, Craig Road, Dingwall, IV15 9LF, 3 bedroom - SOLD Mar'25 - £240,000
- 21, Kintall Pace, Dingwall, IV15 9RL, 3 bedroom - SOLD Mar'25 - £230,000
***Dingwall is a town and a royal burgh in the Highland council area of Scotland. It has a population of 5,360 (as of 2020).***
***TRANSPORT IN DINGWALL***
***Dingwall lies near the head of the Cromarty Firth where the valley of the Peffery unites with the alluvial lands at the mouth of the Conon, 14 miles (23 km) northwest of Inverness. The town contains a particularly short canal, the Dingwall Canal, also known locally as the River Peffery. Dingwall railway station has been on what is now called the Far North Line since about 1865. It also serves the Kyle of Lochalsh Line.***Dingwall is on the former main road route to the north Highlands (A9). Heading west, the A834 joins the A835 road which is the main route to the north west Highlands, including Ullapool.***
***EDUCATION IN DINGWALL***
***Dingwall has a primary school, Dingwall Primary, serving the town.***Dingwall Academy is the secondary school serving the town and the wider area, including communities such as Strathpeffer, Contin, Conon Bridge, Maryburgh and Muir of Ord.***The Highland Theological College is located within the town, housed in a former Scottish Hydro Electric office. It is part of the University of the Highlands and Islands. Its focus is upon Theological Education, and is an accredited university for training Church of Scotland and United Free Church ministers and workers.***
***THINGS TO DO IN DINGWALL***
***Dingwall offers a variety of amenities including shops, cafes, restaurants, and parks. The town also has leisure facilities like the Dingwall Leisure Centre, which includes soft play areas, and an 18-hole golf course nearby. For those interested in history and culture, there's the Dingwall Museum and the Neil Gunn Monument.***
GUIDE PRICE - £75,000
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Please note that as per the Estate Agents Act 1979 the vendor of the property is a connected party.
WE ARE DELIGHTED TO PRESENT AN EXCEPTIONAL OPPORTUNITY TO ACQUIRE A FULLY TENANTED COMMERCIAL PROPERTY IN THE HEART OF DINGWALL
THIS PROMINENT RETAIL UNIT BENEFITS FROM A CENTRAL HIGH STREET LOCATION, EXCELLENT FOOTFALL,AND STRONG LOCAL AMENITIES
HIGH POTENTIAL ANNUAL RENTAL YIELD OF 13.33% BASED ON MARKET RENTAL VALUE AND GUIDE PRICE
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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