The subjects form the ground and first floor of a larger 3 storey building of stone construction. The property benefits from a large glazed display double frontage which looks onto Murray Place.
Internally the unit provides a large open plan sales area to the front of the property, along with staff and customer w/c facilities. The upper floor is used for additional storage accommodation.
Location
The subjects occupy a prime position on Murray Place, within the city centre of Stirling. Stirling has a central location within Scotland and excellent road connectivity, with access to M9 and M8 both within a 5-mile radius. These provide convenient links to major road networks across the country. The city also offers nearby access to public transportation, with Stirling railway and bus stations located in very close proximity. Positioned in Stirling’s city centre, the property occupies a primary pitch on Stirling's main retailing thoroughfare. Surrounding occupiers are a vibrant mix of local and national businesses, such as McDonald’s, Betfred, Sainsbury’s and German Donner Kebab.
Accommodation
NIA: 226.02 SQM (2,433 SQFT)
Terms
LEASE TERMS The subjects are let to ‘Luxury Leisure’ trading as ‘Admiral Casino’ on a full repairing and insuring lease, subject to Schedule of Condition. The passing rent is £20,000 per annum, with a lease expiry on 18th April 2033. There shall be an open market rent review on the 5 th anniversary of the date of entry. Further lease information can be made available upon request.
SALE PRICE Offer are invited for our client’s heritable interest in the subjects
EPC A copy of the Energy Performance Certificate can be made available upon request.
LEGAL COSTS Please note that each party will be responsible for their own legal costs relative to any letting or transaction.
VAT Unless otherwise stated, all prices, premiums and rentals are quoted exclusive of VAT.
PLANNING We understand that the property has planning consent for its existing use. The property may suit alternative uses subject to obtaining all necessary planning consents. It will be incumbent upon any purchaser to satisfy themselves in this respect
Specification
- ATTRACTIVE FRONTAGE ONTO STIRLING’S PRIMARY THOROUGHFARE
- PASSING RENT £20,000 PER ANNUM
- UNEXPIRED TERM OF APPROXIMATELY 9-YEARS
- PRICE: OFFERS INVITED