108 Commercial Street, Specsavers, Lerwick, Shetland

Lot 10 · Future Property Auctions

£149,000guide price
10.1%gross yield
Commercial10.1% gross yield
108 Commercial Street, Specsavers, Lerwick, Shetland
Photo: Future Property Auctions catalogue

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About this lot

Commercial Investment; OPENING BID; INCOME PRODUCING INVESTMENT*** Ground Floor Retail Unit 2,502sq ft Rarely Available Healthcare Investment in Town Centre Location Let to Specsavers on a FRIL with 4 years unexpired at �15,000pa

Status: Type: Commercial Ownership: Freehold Occupation: Tenanted Rateable Value: Search INCOME PRODUCING INVESTMENT*** Ground Floor Retail Unit 2,502sq ft Rarely Available Healthcare Investment in Town Centre Location Let to Specsavers on a FRIL with 4 years unexpired at �15,000pa The property is let to Specsavers Optical Superstores Limited on a FRI lease which has been extended to 12th August 2030. The current rental income is �15,000 per annum, exclusive of VAT At ground floor level the property provides an open plan sales area, consultation rooms and staff ancillary facilities. Total 2,502sq ft PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Rental �15,000 PER ANNUM EXCELLENT LOCATION Commercial Street is the main shopping area within the town which connects directly to the main A969 road. INCOME PRODUCING INVESTMENT*** Ground Floor Retail Unit 2,502sq ft Rarely Available Healthcare Investment in Town Centre Location Let to Specsavers on a FRIL with 4 years unexpired at �15,000pa The property is let to Specsavers Optical Superstores Limited on a FRI lease which has been extended to 12th August 2030. The current rental income is �15,000 per annum, exclusive of VAT At ground floor level the property provides an open plan sales area, consultation rooms and staff ancillary facilities. Total 2,502sq ft PRI…

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Key facts

10Lot number
CommercialUse class
£15K/yrPassing income
25 June 2026Auction date

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Investment Let

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108 Commercial Street, Specsavers, Lerwick, Shetland | Auction Guide £149,000 | AuctionRadar