The subjects comprise a ground floor retail unit contained within a two storey building which is of rendered brick and block construction contained under a flat roof.
The retail frontage to York Arcade comprises a timber/glazed entrance door together with a series of timber framed display windows fronting to both York Arcade and York Square. This provides the subjects with an excellent return frontage.
Internally the subjects are arranged to provide a main retail area, storage and toilet facility.
Location
The subjects are situated on the northern side of the York Arcade which forms part of Grangemouth’s pedestrianised commercial centre which has a good selection of independent retailers and broad representation of national retailers including William Hill, Boots, Iceland, Superdrug, Farmfoods, and TSB.
The property occupies an excellent location in close proximity to Superdrug, The Post Office, Iceland, Timpsons and Falkirk Council One Stop Shop.
Grangemouth itself comprises an established town within Central Scotland lying on the southern banks of the River Forth, approximately 3 miles to the west of Falkirk and some 20 miles east of Edinburgh. The town is home to one of the country’s main petrochemical complexes as well as substantial port facilities which provides significant employment for the surrounding area.
Accommodation
We calculate that the subjects provide the following Net Internal Area:-
Net Internal Area - 904 sq.ft
Terms
TRADE SIGNAGE - The landlord will contribute 50% of the tenant’s trade signage costs up to a maximum of £350 plus VAT. Further details/conditions will be provided upon request.
RATEABLE VALUE - We note from the Scottish Assessor’s website that the subjects are entered in the current Valuation Roll at a Rateable Value of £15,700.
LEASE TERMS - The subjects are offered on normal full repairing and insuring terms for a period to be negotiated incorporating rent reviews at appropriate intervals.
RENTAL - Offers of £14,000 per annum exclusive are sought.
Specification
- Town Centre Retail Unit
- Flexible Lease Terms Available
- Rent Free/Incentives Packages Available
- Contribution to Trade Signage Provided
- Rental - £270 Per Week