Vacant ground floor shop on Argyll Street

The main commercial street in Lochgilphead, offered at a guide price of £14,000. The unit sits within a traditional terraced building in the heart of the town centre. A wide double shopfront either side of a central entrance gives the shop excellent frontage and visibility, with independent businesses on both sides. Internally, the shop provides a large open-plan sales floor with timber-effect flooring and slatwall display panelling, together with ancillary space to the rear. A secondary service door to the rear is protected by a roller shutter. The property requires a programme of refurbishment. Part of the ceiling to the rear of the sales floor has been damaged by water ingress from above. Externally, the front elevation would benefit from repair and redecoration given the prominent location of this commercial unit. Once refurbished, the space would suit a range of retail, café, office or service uses, subject to any necessary consents. It offers a low-cost entry point for an owner-occupier starting a business or an investor looking to secure a tenant in a busy tourist town. All interested parties should review the legal pack, including the special conditions of sale, before bidding. Viewings are encouraged for this property, and support may be available through local empty business initiatives. On completion of works, the unit would make a solid investment asset or a strong base for a small business. With a rateable value of £8,800, it may qualify for relief under the Small Business Bonus Scheme, subject to the occupier’s eligibility.

Tenure

Freehold

Area

Lochgilphead is the administrative centre of Mid Argyll and home to the headquarters of Argyll and Bute Council. The town sits at the head of Loch Gilp, an arm of Loch Fyne, next to the Crinan Canal. The town lies on the A83, the main route from Glasgow and Inveraray down to Kintyre and Campbeltown, and the A816 to Oban starts here. This brings steady passing traffic year-round, alongside a busy summer tourist season drawn by the Crinan Canal, Kilmartin Glen and the Knapdale coast and forests. Local amenities include supermarkets, independent shops and cafés, primary and secondary schools, and the Mid Argyll Community Hospital. Ardrishaig is around 2 miles south, Tarbert around 13 miles south, Oban around 37 miles north and Glasgow roughly 90 miles by road.

Local Authority

Argyll and Bute Council

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.