Shepherd sells leasehold investment opportunity in Inverness

Shepherd Chartered Surveyors has sold a ground leasehold investment in Cromwell Road, Inverness for £475,000 to a local investor on behalf of CHAP Group (Aberdeen).

inverness cromwell

Cromwell Road is located in the popular Longman Industrial Estate and the property occupies a prominent corner location at the junction of Lotland Street. The development provides a combination of industrial, office and showroom premises which extends to around 11,000 sq ft. The properties are multi-let to a variety of local and national operators.

Neil Calder, Associate at Shepherd’s Inverness office, said: “This property offers the purchaser secure income, strong asset management opportunities and potential for future development over part of the site.

“We received a number of enquiries for this investment and the sale process has demonstrated that there continues to be good levels of demand for well placed and attractively priced commercial properties in the area.”

ENDS

For further information please contact Neil Calder on tel 01463 712239

Issued on behalf of Shepherd by Liquorice Media tel 0187 738 2961 www.liquorice-media.com

Date 21 June 2017