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Retail Premises, 8-14 Murray Place, Stirling, FK8 2DB

20,180 Sq Ft / Retail / General Retail

Sold - Last updated: 27 January 2025

The existing property comprises a retail building (Use Class 1) which extends to approximately 20,180 sq.ft NIA over 5-storeys.

The property was most recently operated by British Home Stores and is arranged with an open-plan sales area at ground floor with further sales areas, restaurant and storage across the upper floors. 

The site has frontages on to the Murray Place in the heart of Stirling Town Centre. The main customer entrance would be off Murray Place, with secondary access and servicing taken through the rear the service yard. 

Should an occupier be interested in securing access directly from this unit into The Thistles Shopping Centre, this would currently be possible on separate negotiation with the centre owner.

 

Location

The property is prominently located between Murray Place and The Thistles Shopping Centre in the heart of Stirling. The Local Authority is Stirling City Council. The immediate area comprises a wide range of retail, residential and most recently student uses, with numerous shops, restaurants and amenities available within close proximity of the site. Formerly BHS's unit connected through into the Thistles, however this rear section was leased and does not form part of this disposal. 3 units, connecting the rear of the subjects were created and we understand that one remains available, which could provide access through from the subjects. 

Stirling Station is located approximately 0.2 miles from the property, currently direct trains to Glasgow transport passengers into Glasgow City Centre within 30 minutes.

Accommodation

Basement - 443.59 sq m (4,775 sq ft)

Ground Floor - 448.86 sq m (4,831 sq ft)

First Floor - 465.53 sq m (5,011 sq ft)

Second Floor - 411.41 sq m (4,428 sq ft)

Attic - 105.41 sq m (1,135 sq ft)

Total - 1,874 sq m (20,180 sq ft)

Terms

Tenure - Freehold

Guide Price - £175,000; Bidder Security £3,500 *fully refundable if unsuccessful bidder

PlanningStirling Council - 01786 404040

VAT - VAT is applicable to this sale.

Specification

  • Vacant Class 1 retail building (formerly a BHS) extending to approximately 20,180 sq.ft NIA and occupying a site area of circa 0.14 acres.
  • Formerly accessed directly into the main shopping centre, The Thistles.
  • Due to the central location and superb accessibility, we also anticipate the leisure sector showing interest, specifically gyms and food halls.
  • Potential for redevelopment to create a mixed-use or hotel scheme, subject to planning permission.
  • High Street location within Stirling’s town centre and main regeneration area, approximately 4 minutes’ walk from Stirling Station.


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