The restaurant’s accommodation is arranged over basement, ground and first floor.
Location
The restaurant is located on a prominent position on the corner of 41 Friars Street, joining with Murray Place in the city centre of Stirling. Stirling itself is known for is historic attractions, such as Stirling Castle, and spectacular scenery. The city has a variety of activities for visitors but also provides a wonderful base for tourist to explore the surrounding towns, villages and stunning countryside. The Property The restaurant comprising 41 Friars Street is mainly arranged over three floors with basement, a split level trading area at ground floor and first floor space. The property also benefits from a fully glazed frontage.
Accommodation
Public Areas
• Food Servery with Window Dining Area (10)
• Ground Floor Seating Area (15)
• First Floor Seating Area (30)
• Male, Female and Accessible WCs
Terms
TENURE Leasehold
LEASE TERMS The restaurant is currently let on a Full Repairing Insuring basis for 15-years expiring September 2037. The rent is stepped over 5 years, starting at £25,000pa increasing £1,000pa to £30,000pa with rent reviews on the 5th anniversary of the date of entry, the next rent review will be September 2027.
PRICE Offers Around £35,000 are invited for the leasehold interest in the property, the trade fixtures, fittings and equipment, together with the goodwill of the business which is to be sold complete as a going concern. Stock in trade to be purchased at an additional price at valuation on the date of entry.
LICENCE Premises Licence under the Licensing (Scotland) Act 2005.
SERVICES Mains gas, electricity, water and drainage.
ENERGY PERFORMANCE CERTIFICATE The EPC is available upon request.
RATEABLE VALUE/ COUNCIL TAX 41 Friars Street Rateable Value - £23,000 (1st April 2023)
Specification
• Fantastic Opportunity in Stirling City Centre
• Restaurant & Takeaway
• Recently Refurbished Kitchen
• Outdoor Seating Available