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Open Plan Retail Premises With Parking Nearby, 3 Bank Street, Falkirk, FK1 1NB

760 Sq Ft / Retail / General Retail

Let - Last updated: 29 June 2020

The Subjects comprise a ground floor end terraced retail unit contained within a three storey building. The subjects provide glazed double frontage with central entrance door.

The property was most recently utilised as a bathroom showroom will be restored to an open plan retail unit with laminate floor covering and plastered and painted walls and ceiling.

Internally, the subjects will provide open plan front shop area, kitchen and w.c.

Location

Falkirk is a large town in the Central Lowlands of Scotland, historically within the county of Stirlingshire. It lies in the Forth Valley, 23.3 miles (37.5 km) north-west of Edinburgh and 20.5 miles (33.0 km) northeast of Glasgow.

Falkirk has a resident population of 34,570 according to the 2008 census. The population of the town had risen over the past decade, making it the 20th most populous settlement in Scotland. Falkirk is the main town and administrative centre of the Falkirk council area, which has an overall population of 156,800 and inholds the nearby towns of Grangemouth, Bo'ness, Denny, Larbert and Stenhousemuir.

The town is at the junction of the Forth and Clyde and Union Canals, a location which proved key to its growth as a centre of heavy industry during the Industrial Revolution.

From a local context the property is situated on the southern side of Bank Street between it’s junctions with Vicar Street and Kerse Lane. 

Accommodation

From sizes taken during our inspection we calculate the subject property, measured in accordance with the RICS Code of Measurement Practice (second edition, January 2018) to extend to the following approximate gross internal area (GIA):

70.65 sq m  (760 sq ft)

Terms

PROPOSAL - Our client is seeking offers in the region of £109,500 for the Heritable (freehold interest).

Rent from £7,950 per annum.

EPC - A copy of the EPC will be available upon request.

PLANNING - All queries in relation to redevelopment/reconfiguration of the subjects should be addressed to Falkirk Council Planning Department.

CLOSING DATE - A closing date may be set and all interested parties should make a note of interest at the offices of the Sole Agent. We reserve the right to let or sell the property without setting a closing date and we are not obliged to accept the highest or indeed any offer for the lease or sale of the property.

VAT - All prices, premiums and rents quoted are exclusive of VAT.

RATING - The Rateable Value of the property is £6,100. 

Specification

  • OFFERS IN THE REGION OF £109,500
  • LEASE FROM £7,950 PER ANNUM
  • CLOSE PROXIMITY TO TOWN CENTRE
  • PROMINENT FRONTAGE
  • GOOD LEVEL OF NEARBY PARKING
  • 760 SQ FT
  • 100% RATES RELIEF (SUBJECT TO QUALIFICATION)
  • READY FOR IMMEDIATE OCCUPATION


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