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Retail Investment Opportunity, 98 Main Street, Callander, FK17 8BD

1,541 Sq Ft / Retail / Investment

Sold - Last updated: 01 February 2021

The subjects comprise a double fronted corner retail unit with return frontage onto South Church Street. The building is planned over ground floor with part mezzanine floor area.
 
Internally, the subjects benefit from a large open plan retail space, storage space and kitchen area whilst the first floor provides office space and w.c.

Location

Callander is a town in the council area of Stirling, situated on the River Teith. The town is a popular tourist stop to and from the Highlands and serves as the eastern gateway to the Loch Lomond and the Trossachs National Park, the first National Park in Scotland, and is often referred to as the “Gateway to the Highlands.”
 
The subjects are located on the southern side of Main Street at its junctions with Church Street. Main Street forms the main retail street within the town and as such the subjects form a prime retail pitch.

Accommodation

Ground Floor: 120.1 sq m/1,293 sq ft
 
First Floor: 23 sq m/248 sq ft
 
Total: 143.1 sq m/1,541 sq ft

Terms

The property is currently leased to Huffman’s Limited a well known gin and alcohol distributor until September 2029 at £17,000 per annum with a break option at 2024.
 
PLANNING
All queries in relation to redevelopment/reconfiguration of the subjects should be addressed to Stirling Council Planning Department.
 
PROPOSAL
Offers over £159,500 are invited for the Heritable (freehold) interest.
 
RATING
Rateable value: £20,750.
 
EPC
G.
 
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 the property without setting a closing date and we are not obliged to accept the highest or indeed any offer for the lease of the property.
 
VAT
All prices, premiums and rents quoted are exclusive of VAT.

Specification

  • OFFERS OVER £159,500
  • PRIME LOCATION
  • 1,541 SQ FT
  • GOOD LEVELS OF PARKING
  • PROMINENT DOUBLE FRONTAGE
  • 10.7% YIELD
  • LOCATED ON THE MAIN ARTERIAL ROAD THROUGH CALLANDER


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