Well Established Dental Surgery and Dental Laboratory since 1987
Dental Surgery Let to Oasis Healthcare Ltd Trading As Bupa Dental Care
On site car parking for 11 cars
Property benefits form a passenger lift
Nearby occupiers include Lidl, Tesco, Bank of Scotland and a number of national and local retailers
VAT-free investment
Lot 44
Auction 31st March 2022
Rent £40,000 per Annum
Status Sold
Price £370,000
Sector Medical Centre/Doctors, Healthcare
Auction Venue Live Streamed Auction
Property Information
Location
Miles
15 miles north west of Inverness
Roads
A835, A9
Rail
Dingwall Railway station
Air
Inverness Airport
Situation
Dingwall, located 15 miles north west of Inverness is the main administrative hub for Ross-shire and has a population of circa 5,500. The property is situated on the west side of Tulloch Street, at the junction with Mart Road and near the High Street. Neighbouring occupiers include Tesco, Lidl, Bank of Scotland, and a number of national and local traders.
Tenure
Heritable.
Location
Miles
15 miles north west of Inverness
Roads
A835, A9
Rail
Dingwall Railway station
Air
Inverness Airport
Situation
Dingwall, located 15 miles north west of Inverness is the main administrative hub for Ross-shire and has a population of circa 5,500. The property is situated on the west side of Tulloch Street, at the junction with Mart Road and near the High Street. Neighbouring occupiers include Tesco, Lidl, Bank of Scotland, and a number of national and local traders.
Tenure
Heritable.
Description
The property comprises the first and part second floors of a modern property. The upper floors are accessed by stairs and lift from an entrance on Mart Road. At first floor is a dental surgery with dental laboratories at second floor. There is a residential flat at second floor but this is in separate ownership and not included in the sale.
VAT
VAT is not applicable to this lot.
EPC
Band G. See Legal Pack.
Description
The property comprises the first and part second floors of a modern property. The upper floors are accessed by stairs and lift from an entrance on Mart Road. At first floor is a dental surgery with dental laboratories at second floor. There is a residential flat at second floor but this is in separate ownership and not included in the sale.
VAT
VAT is not applicable to this lot.
EPC
Band G. See Legal Pack.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Rent Review
First
Dental Surgery
217.67
2,343
OASIS HEALTHCARE LTD T/A Bupa Dental Care (1)
10 years from 23/6/2017 to 22/ 06/2027
£30,000
23/06/2022
Second
Dental Laboratory
73.02
786
WYVIS COSMETIC DENTAL LABORATORY LTD
10 years from 23/6/2017 to 22/ 06/2027
£5,400
23/06/2022
Second
Dental Laboratory
62.15
669
CACTUS DENTAL TECHNOLOGY LTD
10 years from 23/6/2017 to 22/ 06/2027
£4,600
23/06/2022
Total
353.19
3,798
£40,000
(1) Oasis Healthcare Limited is a wholly owned subsidiary of BUPA. BUPA operate over 400 NHS and private dental practices throughout the UK
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.