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Tenanted Commercial

Tenanted Commercial

Address

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Auction date

09 Jul 2026

Guide price

£149,000

Type

Commercial

Tenure

Freehold

EPC Rating

Unknown

Status

Upcoming

Auction location placehbolder

Description

This tenanted commercial unit represents a lucrative opportunity in a prime location. The ground floor retail unit, currently let to Specsavers, encompasses a spacious 2,502 sq ft and is generating an annual rental income of £15,000. The property is under a Full Repairing and Insuring (FRI) lease which runs until August 2030, making it an appealing addition to any investment portfolio.

  • Freehold ownership
  • Tenanted by Specsavers Optical Superstores Limited
  • Current rental income of £15,000 per annum
  • EPC rating: unknown
  • Area: 2,502 sq ft (approximately 232.26 square meters)

Located within Lerwick's vibrant town centre, this property benefits from high foot traffic and is strategically positioned close to major roads enhancing accessibility. Its strong rental yield and stable tenant make it a sound investment opportunity.

Last update: 04 Jul 2026

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