The subjects comprise a ground floor shop unit.
Location
The subjects occupy a good trading location within the pedestrian area to the east of Falkirk High Street. The position also benefits from the footfall flow to the B & M Store to the west. The town has a resident population of approximately 40,000 persons with a total catchment in the order of 150,000.
Accommodation
Floor Area: Approximately 360 sq. ft.(excluding toilet area)
Terms
Services: Electricity and mains water supplies are laid onto the premises; drainage is to main sewer.
Lease: The property is to be let on a full repairing and insuring lease with three yearly rent reviews.
The rental is £7,000 in year 1, £7,500 year 2, £8,000 year 3.
Paid monthly or quarterly as requested.
Deposit: A deposit equivalent to one quarters rent is required.
V.A.T.: V.A.T. is not chargeable on the rent.
Rates: The premises have an RV of less than £12,000 and would qualify for the Small Business Bonus Scheme. This means there would be no rates payable for an eligible tenant.
Legal Costs: In the usual manner the ingoing tenant will be responsible for the landlord’s legal costs.
Specification
- Toilet equipped with extractor fan ventilation, low level W.C. & wash basin, situated at the rear of the shop.
- Kitchen area to rear.
- Electric roller security shutters.
- Suspended ceiling.
- Electric heating.
- Extractor fan ventilation in rear area.
- Side exit door.