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104 -108 Manor Street Falkirk FK1 1NU, 104-108 Manor Street, Falkirk, Falkirk, FK1 1NU
1,748 Sq Ft / Leisure / General Leisure
Withdrawn - Last updated: 07 December 2020
Offers over £300,000 plus VAT are sought for the freehold property to include the fixtures & fittings.
The subjects comprise restaurant premises extending over ground and first floors forming part of a two storey terrace.
The business recently ceased trading, however, remains fitted and equipped, capable of re opening for trade with limited investment.
The ground floor provides restaurant seating for circa 20 covers with a servery to part. A food lift located at the ground floor servery, connected to the first floor kitchen above. There is further seating at first floor level for circa 34 covers.
The subjects are offered on the basis of a new lease agreement, the terms of which are open to negotiation. The proposed rental is £32,000 plus VAT per annum and a regular review provision
will be incorporated. Premium offers in the region of £25,000 are sought for the inventory.
Any new tenant(s) must be demonstrably capable of fulfilling their obligations under the lease
agreement and references will be requested without exception. A rental deposit of 3 months rent is required.
Location
The restaurant occupies a prominent corner position at the junctions of the A803, one of towns’ principle arterial routes, Manor Street and Bank Street.
The location is on the periphery of the principle town centre, approximately 100m to the north of the High Street.
Falkirk is regarded as an important business centre within Central Scotland and lies midway between Glasgow and Edinburgh. The town forms the main administrative centre for the surrounding district and provides excellent retail, leisure and local government facilities. It has a
resident population of over 33,000 persons.
Terms
Each party will be responsible for their own legal costs.
Viewings by appointment with the sole selling agent.
VAT is payable on the purchase price and annual rental.
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