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52 Baker Street, , Stirling, FK8 1DB
485 Sq Ft / Retail
Withdrawn - Last updated: 27 July 2023
LOCATION
Stirling City centre is located in the heart of Scotland has a resident population in the region of 45,000, whilst the wider Stirling Council area has a population of 90,000. Stirling has excellent transport links being adjacent to the M9 motorway, which links it to Glasgow and Edinburgh. Stirling has a busy mainline railway station providing regular connections to all of Scotlands main cities. The subjects are situated in a prominent position on the eastern side of Baker Street, a popular secondary trading location and a busy pedestrian and vehicle thoroughfare. Occupiers in the immediate vicinity include OMally Hair, Natures Solutions and Phonix Hair and Beauty.
DESCRIPTION
The subject comprises a class 2 retail unit arranged over the ground floor of a traditional stone building with an attractive frontage onto Baker Street. The premises benefits from a large single glazed frontage as well as an abundance of onstreet parking in close proximity. Internally, the property has an open plan customer waiting / reception, three treatment rooms, a storage room and WC. The property would be suitable for class 1 retail or class 2 office use under the current approved use
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ACCOMMODATION
Ground Floor 45.09 sq. m / 485 sq. ft
RATEABLE VALUE
The subjects are entered in the current Valuation Roll at a rateable value of £5,900, which will allow for 100% rates relief subject to the owners/tenants other commercial properties if any. Please note, a new owner or occupier of a commercial property has the right to appeal this rateable value within 6 months of the beginning of the tenancy.
TENANCY
The property is currently let out to a private individual on a month to month basis who has been in occupation since 2013. The monthly rental is £1,250, providing an attractive high yielding investment for a potential new landlord.
LEGAL COSTS
Each party to bear their own legal costs in the documentation of this transaction; however, the ingoing tenant will be responsible for any LBTT, Registration Dues and any VAT incurred thereon.
EPC Released on application.
PRICE The subjects are being offered on a freehold basis at offers over £85,000
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