The subjects comprise a retail premises arranged over the ground floor and lower ground floors of a two storey and lower ground floor corner building which is of stone construction, contained under a pitched and slated roof.
The retail frontage to Henderson comprises double, timber/glazed entrance doors together with four timber casement singe glazed display windows, two of which partly wrap round onto New Street.
Internally the ground floor of the premises provides an open plan retail/office area with the lower ground floor providing a principal staff/storage section together with toilet facility.
Location
The subjects enjoy a prominent and highly visible position situated on the southern side of Henerson Street at its junction with New Street forming part of the western section of Bridge of Allan’s principal town centre.
Bridge of Allan is an established good quality primarily residential settlement which is situated immediately to the north of Stirling the main administrative centre for the area.
The town has typically local shopping, social and educational facilities and benefits from ready access to the wider regional facilities afforded by Stirling.
Henderson Street comprises Bridge of Allan’s trading thoroughfare within the surrounding area given over to a variety of retail commercial usage. Nearby occupiers include Kiao, Alan Water Café and Run For it.
Accommodation
We calculate that the subjects extend to the following net internal areas:
Ground Floor - 37.10 sq m (400 sq ft)
Lower Ground Floor - 22.45 sq m (242 sq ft)
The above calculated area has been calculated for our agency purposes only and should be used for no other purpose.
Terms
RATEABLE VALUE: Having regard to the Scottish Assessors Association website we note that the subjects are entered into the current Valuation Roll at a rateable value of £8,700.
The Small Business Bonus Relief Scheme was introduced on the 1st April 2008 and will remain in force for 2019/2020 and, given the rateable value of this suite, eligible businesses will benefit from 100% discount.
LEASE TERMS: The subjects are offered on a normal full repairing and insuring terms for a period to be negotiated incorporating rent reviews at appropriate intervals.
RENT: Offers of £16,000 per annum exclusive are sought.
VAT: All prices quoted are exclusive of VAT which maybe chargeable.
ENERGY PERFORMANCE: A copy of the Energy Performance Certificates (EPCs) for the subjects is available upon request.
LEGAL EXPENSE: Each party will be responsible for the payment of their own legal costs. The incoming tenant will be responsible for the payment of any LBTT, registration dues and VAT incurred.
Specification
- Prominent town centre location
- Highly visible return frontage
- Rare opportunity to lease
- Attractively refurbished
- Offers at £16,000 pax are sought