The property is arranged over two floors, with retail at ground floor and ancillary accommodation at first floor. Loading and servicing is directly from the rear via the Asda service area.
Location
Falkirk is one of the principal towns within the central belt of Scotland and is situated approximately 15 miles east of Glasgow and 24 miles west of Edinburgh.
The town has a residential population in excess of 32,000 people and serves an estimated catchment of 140,000 within a 6 mile radius.
The subject premises are situated in the heart of the town centre on Newmarket Street, adjacent to Asda and George and close to the Council offices.
Accommodation
Ground Floor - 965 sq ft
First Floor - 415 sq ft
Total - 1,380 sq ft
Terms
TENURE
The subjects are available on a new full repairing and insuring lease for a term to be agreed, subject to five-yearly upward only rent reviews.
RENTAL
Rental offers in the region of £20,000 per annum are invited.
RATEABLE VALUE
We are verbally informed by the Local Rating Authority that the rating assessment for 2018/2019 is as follows:
Rateable Value: £29,750 per annum
Rates Payable: £14,280 per annum
ENERGY PERFORMANCE CERTIFICATE
Available upon application.
PLANNING
We understand the property benefits from Class 1 (Retail). Interested parties should make their own enquiries in this regard.
LEGAL EXPENSES
Each party will bear their own legal expenses incurred in connection with this transaction.
The ingoing tenant will be responsible for Land and Buildings Transaction Tax, registration dues and any VAT incurred thereon.
VAT
All prices are quoted exclusive of VAT.