Property for rent - 6 Market Arcade, Victorian Market, Inverness

The Victorian Market is located in the city centre with entrances from Academy Street, Church Street, Union Street and Queensgate to access all retailers.  Unit 6 is located in the Market Arcade, which is directly accessible from Academy Street.

The Market has a rich retail history which attracts both our local population and international visitors all year round.  The redevelopment of the Food Hall in 2022 has greatly increased footfall within the market.

The unit benefits from ground floor accommodation with fitted cupboards, which extends to 13.88 sq.m, with additional mezzanine storage of 9 sq.m, accessed via a steep staircase.

Please visit the Victorian Market website for more information on what else the market has to offer:  www.thevictorianmarket.co.uk

Please click here to download a copy of the letting particulars

Please click here for more photos of the unit

If you wish to view the property, please email Cameron.macfarlane@highland.gov.uk or call 01463 785128 (24 hour answer phone)

Please click here to download a copy of the Application pack

The property is offered for let for an initial period of five years on Council's Standard Conditions of Let for the Victorian Market.  The lease contains provision for the landlord or tenant to serve notice to quit any time after the first year, on giving three months’ written notice.

Further information on lease terms & conditions and tenants’ rights & responsibilities can be found on the Council’s website in our online  handbook - A Guide for Industrial & Commercial Tenants:

www.highland.gov.uk/info/6/commercial_land_and_property

You will be responsible for meeting all the legal costs of preparing the lease.  You will also be liable for any LBTT, Registration Dues and VAT thereon.

The property is located within an existing office and retail environment and acceptable uses are those falling within Class 1A of the Town & Country Planning (Use Classes) (Scotland) Order 1997.  Your proposed use will require the Council's consent both as landlord of the property and as Planning Authority.  If your application is successful and the Council, acting as landlord, offers you a lease of the property, this does not negate your responsibility to obtain any permissions or warrants that may also be required from the Council acting separately as Planning or Building Control Authority.

You are advised to contact the local Planning & Building Standards office to discuss your proposed use and to seek advice on any planning permissions or consents that may  be required.

Telephone: (01349) 886608 via Highland Council Service Centre

Online Form: www.highland.gov.uk >Planning and Building Standards > Planning Offices

You will be responsible for choosing your utility suppliers (e.g. electricity, water and sewerage) on taking entry to the property and paying all charges during your tenancy.

Since 1 April 2008, all businesses, public sector, charitable and not-for-profit organisations in Scotland have been able  to choose who supplies their water, waste and drainage services. You will be responsible for choosing your water supplier on taking entry to the property and paying all charges during your tenancy.   Further information on current water suppliers can be found at Scotland on Tap (external link).

If you believe you may be exempt of liability for Non Domestic Rates, it is your responsibility to apply for the appropriate exemption.

Further details regarding the Business Rate,  including any discount available via the Small Business Bonus Scheme (SBBS) can be obtained from Non Domestic Rates, Highland Council:

Telephone: (01463) 702984    

Email:nondomesticrates@highland.gov.uk

The property’s current Rateable Value is £5,500.

Any queries regarding the Rateable Value should be pursued with the Assessor to the Highlands & Islands Joint Board.

Telephone: (01463) 703311    Email:assessor@highland.gov.uk

All enquiries to Cameron Macfarlane, Market Manager at Cameron.macfarlane@highland.gov.uk or (01463) 785128 (Enquiry Line).

If you are seeking business or property advice:

• Business Gateway - Renting Business Premises (external link)
• Business Gateway - Highland  (external link)
• Scottish Government - Business Information & Advice (external link)
• Scottish Government - Funding & Grants (external link)

If you need to contact another Council office for advice or information:

• Highland Council - contact details for North Area Planning Offices
• Highland Council - contact details for South Area Planning Offices
• Highland Council - Property for Sale
• Highland Council - Council Housing

If you need information on Non Domestic Rates or this property's Rateable Value:

• Highland Council - Non Domestic Rates
• Business Rates Guidance & Calculator (external link)
• Scottish Assessors' Association (external link)

If you cannot find a suitable industrial or commercial property on the Council's website:

• Showcase (external link)
• Novaloca (external link)
• Highland Solicitors' Property Centre