Commercial property for sale


26, 28A, 28 Francis Street & 17 Keith Street, Stornoway, Isle of Lewis, HS1 2ND
New
£485,000 Offers in Region of
11 bed
7 br
Primarily in a prominent and commanding town centre trading location, a rare and exciting opportunity has arisen to purchase a highly visible former self-catering shared accommodation commercial complex which offers a tangible development investment subject to planning consent. This ultimate opportunity could provide the potential to operate as 3 letting units with separate addresses and registered under 3 titles. Current local demand for accommodation would suggest a potential income in excess of £2000 per week could be achievable. The much flexible accommodation lends itself to the potential for a home and income lifestyle business through a mixed commercial and residential accommodation model, but the substantial property offers significant opportunity for a residential housing development. The corner plot fronts onto 2 main streets at the junction of Francis Street and Keith Street. The well-appointed property is currently arranged as follows: 28 Francis Street – Comprises kitchen, 3 bedrooms, 2 showers, toilet and attached flexible annex which offers optional uses depending on planning consent. 28A Francis Street – Currently tenanted by a fully operational ladies’ hairdresser. 26 Francis Street – Comprises reception room, kitchen, 4 rooms, 2 toilets and 2 shower rooms. 17 Keith Street – Comprises kitchen, 4 bedrooms, 2 showers, 2 toilets and store/box room. Heating to the property is via a mix of gas and electric. All doors at first floor and 2nd floor are fire doors. All corridors are fire protected. Remote access full HD security camera system in use. If the level of pre-market interest is anything to go by, we should expect keen interest in this premier property as it has the potential for being suitable for a diverse range of development including qualified developers. Please see sales schedule below for more in depth information. Viewing – Strictly by appointment through this agency. *