FORT WILLIAM

High Street

High Street

Prime High Street site acquired comprising a large restaurant building destroyed by fire and adjacent hotel building.  Planning permission obtained for complete site clearance and construction of an entirely new-build scheme comprising 20,000 sq ft of retail space and ground floor with a 60 bed hotel on 2 upper floors above.  Pre-let agreed with Travelodge to operate hotel element and terms agreed to pre-let 50% of the retail space to 2 national operators.  Construction due to begin Summer 2010.

End value            £8.5m