Property for sale in The Garret, Esplanade, Lerwick, Shetland ZE1

Offers in region of £195,000
Interested in this property? Call +44 131 344 0732 * or Request Details

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Property for sale

Tenure:
Not available
Council tax band:
Not available

Property features

  • Prime Location
  • Business Opportunity
  • Spacious Rooms
  • Multi-Use floors
  • Central

Property description

A fantastic opportunity has arisen to purchase a well-known building on the doorstep of The Market Cross known for its iconic boot on the sea-facing gable of the building. Viewing is highly recommended to truly appreciate the size of the rooms.

Most recently used as a restaurant/takeaway premises this building has fabulous opportunities with the possibility to rent out 3 different floors. The stairwell, which was renovated in recent years to meet current fire regulations, allows for each floor to have a separate entrance. Prospective purchasers will be required to contact the local authority to make necessary changes if applicable.

There is parking to the front of the building, which is currently shared, however a prospective purchaser should contact the local authority to investigate purchasing a permanent spot. The Garret is in close proximity to Victoria Pier which offers parking facilities.

History

The Garret is famously known for being a boot and shoemaker in the early 20th century. The painted K boot on the sea-facing gable not only cemented this building in Lerwick’s history, but it also served as a “mead for vessels making a direct approach when berthing at the south side of Victoria Pier, and by the late Tommie Moncrieff when adjusting compasses”.

The premises were purchased by the current owners in 1983 and had been used as a children’s clothing store with a novelty gift shop located at the top floor. Later it was leased to various business over the years and used as a tanning salon, an ice cream shop, and a card and gift store before lastly being used as a restaurant and takeaway.

Ground Floor

This floor was recently used as a restaurant/takeaway and the connection to all suppliers are available. Heating to this floor comprises of wall electric heaters and there is a connection for storage heating. There has been a recent upgrade to the lighting system and an Electrical Installation Condition Report is available on request. There are 2 toilet facilities on this floor including an accessible toilet.

A separate stairwell at the extension part of the building at the back connects to the first floor.

First Floor

There is a large room to the front of the building. On the back extension there is space for office, storage, and a room that served as toilets. The toilet facilities on this floor have been removed with the option of reinstating.

Second Floor

The second floor consists of a large room with the windows looking over the Esplanade and the Market Cross. A small hallway separates the stair well from the large room.

Additional Information

Rental figure per annum – £23,000

Updated reports were carried out in October/November 2023 and are available upon request. These reports are the Fire Alarm Inspection Certificate, the Electrical Installation Report, the Emergency Lighting Inspection & Test Certificate and an Asbestos Report

EPC Rating C (43)

Area

The Garret is located in Lerwick, the capital of Shetland. The Esplanade runs parallel to Commercial Street, Lerwick’s busiest shopping hubs. The Garret can be seen from Victoria Pier, which enjoys seasonal cruise liners, and is in an ideal prime spot for local clientele as well as the seasonal tourists.

Directions

The Garret is situated on the corner of where the Esplanade (A969) meets the Market Cross in Lerwick.
EPC rating: C

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For more information about this property, please contact
Anderson Strathern, EH3 on +44 131 344 0732 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Anderson Strathern, and do not constitute property particulars. Please contact Anderson Strathern for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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