· Popular local
· Attractive village setting
· Currently occupied by way of a licence agreement although vacant possession achievable
· Current rent of £XXX pa
· EPC Rating ‘G’
· Offers over £XXX
Location
The subjects are situated on the northern side of Glassford Square, adjacent to its junction with Upper Mill Street within an attractive residential area of Tillicoultry on the village’s North western outskirts.
Tillicoultry itself comprises an established town within the Hillfoots area of Clackmannanshire lying astride the A91 road route approximately 10 miles to the East of Stirling and some 5 miles to the North East of Alloa.
The town provides a variety of Local Authority and private housing stock together with adequate local retail and associated facilities with more extensive provisions afforded within nearby Alloa which forms a principal centre for the surrounding district. Tillicoultry is also home to the Sterling Mills Furniture Complex and associated retail park, each of which attracts significant numbers of visitors to the town from a wide, surrounding catchment area. The location of the subjects is shown on the appended plan.
Accommodation
DESCRIPTION - The subjects are predominantly contained within a two storey, stone built property under a pitched and tiled roof. The premises extend at ground floor level into a more modern side projection.
The bar is entered directly from Glassford Square with the premises arranged internally at ground floor level to provide the principal bar area together with two snugs and appropriate storage, toilet and support accommodation. A further lounge/seating area is provided at first floor level together with a kitchen and ladies toilets.
FLOOR AREAS - According to our measurements taken during our inspection, we calculate the gross internal area to extend to 146 sq.m (1,572 sq.ft) approx
Terms
TENANCY DETAILS - The premises are presently let on a 12 week lease from 10 June 2016. The lease is structured to continue on a rolling monthly basis with either party able to terminate at any time on providing 28 days’ notice. The existing rental is £XXX per annum exclusive.
PRICE - Offers over £XXX are invited for the purchase of our clients heritable interest in the subjects.
VAT - Our clients have elected to waive exemption to VAT and accordingly VAT will be payable on the purchase price. It may be possible for the transaction to complete by way of a TOGC, however, interested parties will require to seek their own financial advice in this regard.