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Cooks Hotel 78 Upper Craigs Stirling FK8 2DT, 78 Upper Craigs, Stirling, st Ninians, FK8 2DT
873 Sq Mt / Leisure / General Leisure
Sold - Last updated: 16 December 2019
Stirling is a thriving affluent historic city located at the heart of Scotland’s motorway network. The city is most famous for its castle and the Wallace Monument which attracts some 568,000 people per annum. The city is located some 30 miles north west of Edinburgh and 25 miles north east of Glasgow, most commonly referred to as “Gateway to the Highlands”.
The Hotel is situated near to Craigs Roundabout, which is one of Stirling’s busiest thoroughfares. It is just to the north of the Burghmuir Retail Park in which is situated Waitrose and TK Maxx. We understand that the nearby Stirling Business Centre has been sold to a student housing development and there is plenty of residential properties within the vicinity.
The bus station and mainline train station are located some five minutes walking distance to the north of the subjects. This gives the hotel an enviable position within the city.
A new full repairing and insuring lease is offered to the market withi an initial rent of £45,000 per annum. It is our expectation that the tenant will take a 10 year lease with a 3 year rent review pattern although terms are negotiable.
Location
Stirling is a thriving affluent historic city located at the heart of Scotland’s motorway network. The city is most famous for its castle and the Wallace Monument which attracts some 568,000 people per annum. The city is located some 30 miles north west of Edinburgh and 25 miles north east of Glasgow, most commonly referred to as “Gateway to the Highlands”. Terms
Each party will be responsible for their own legal costs in the transaction.
Strictly by appointment only to be made through Graham + Sibbald.
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