Commercial Development in Inverness
Site A2, Cradlehall Business Park, Cradlehall, Inverness, IV2 5GH
- Lot No: 12
- Property Type: Commercial Development
- Contract Type: Unconditional Sale
Guide Price* £270,000+ plus fees
Property Description
The subjects comprise a generally level development extending to circa 0.89 acres set within Phase 2 of the well established Cradlehall Business Park. The access road, shared with Johnston Carmichael has been formed.
Planning:
Full Planning Permission was granted in March 2010 for the construction of a 2-storey modern office pavilion, providing circa 10,000 sq ft of net floor space plus car parking for approximately 48 cars (1:208 sq ft). Planning Reference: 10/00082/FUL refers and can viewed on The Highland Council Planning Portal. This Planning Permission has now lapsed, however, it could be reinstated or alternatively the site would be suitable for a range of alternative uses subject to planning
Location:
Cradlehall Business Park offers occupies a premier location on the eastern side of Inverness within easy reach of all main arterial routes and the city centre. Its modern environment offers owners and occupiers a superb profile and superior business accommodation. Occupiers already established within the business park include NHS Highland, Scottish Ambulance Service, Morgan Sindall, Johnston Carmichael, Harper Macleod LLP, Bidwells, Barclays, NFU Mutual and British Red Cross, to name a few. Cradlehall lies close to the new University of the Highlands and Islands Campus which opened its door to students in 2015 and represents a £50 million investment. Known as the Beechwood Education and Research Campus, the 215 acre site is a development by Highlands and Islands Enterprise and also includes the Scottish Agricultural College and a Health Science Centre. As part of the Scottish Government’s commitment within the £315 million Inverness and Highland City-Region Deal, plans are being progressed for the new East Link road which will connect the A9 to the A96 between Inshes and Smithton to the east of Inverness. The new carriageway and improved junctions will ease congestion at Inshes and provide improved connectivity for Cradlehall Business Park.
Note:
The buyers fee is 2% inc VAT subject to a minimum of £5,840 inc VAT
Value Added Tax:
This will be payable on the purchase price
Rights of Way, Wayleaves, Easements, Restrictive Covenants Etc.
The site is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants, which may exist whether mentioned in these particulars or not. For further information in relation to these matters please refer to the legal pack.
Tenure
See Legal Pack
- Buyer’s Fee- payable on exchange of contracts. This is listed within the property details.
Auction Details
Date 30th March 2021
Venue Shepherd Commercial Property Auction
The auction will be conducted by SDL Property Auctions auctioneer Andrew Parker, behind closed doors and broadcast live online with remote bidding only.
Please CLICK HERE to submit a bid.
Lot Information
Contact Us
If you have any questions, call our team on 0333 016 4000