Formed over the ground and basement levels of a larger three storey tenement, the property comprises a former bank set behind an attractive timber framed glazed frontage.
At ground floor the space is laid out over an open plan sales area with partitioned consultation rooms off while the basement provides associated staff welfare facilities and ancillary storage accommodation.
Location
Stirling has a population of c.38,000 and sits equidistant between Glasgow and Edinburgh in central Scotland.
Murray Place is the traditional heart of the city centre and lies out to the front of The Thistles covered Shopping Mall. The premises sit on the eastern side of the street in the block bounded by King Street to the south and the principal pedestrian access to The Thistles to the north.
This is a well-supported pitch of mixed uses with other occupiers in the immediate vicinity including Caffe Nero, Specsavers and McDonalds.
Accommodation
Measured in accordance with the RICS Code of Measuring Practice (6th Edition), we estimate the premises to extend to the following approximate floor areas:
Ground Floor: 124.6 sq m (1,341 sq ft)
Basement: 115.7 sq m (1,246 sq ft)
Net Internal Area: 240.3 sq m (2,587 sq ft)
Terms
Rating - From enquiries made at saa.gov.uk, the premises are entered on the current Valuation Roll as follows:
SHOP - NAV/RV - £28,500
The approximate Rates payable figure for the current Financial Year is £14,000.
Energy Performance Certificate - The subject property has an EPC rating of G
Planning - We understand he property has the benefit of Class 1a (Retail and Office) Use. For any proposed uses beyond Class 1a we would recommend parties contact the Duty Planning Officer at Stirling Council on 01786 233660 or planning@stirling.gov.uk
VAT - We understand the property has not been elected for VAT and VAT will therefore not be charged on the rent.
Terms - Our clients are offering the premises on the basis of a new full repairing and insuring lease of a minimum 5 years’ duration inviting rental offers in excess of £25,000 per annum.
Legal Expenses - Each party will meet their own legal expenses incurred in connection with the transaction, with the incoming occupier meeting the costs of any Land and Buildings Transaction Tax and Registration Dues that may be payable.
Entry - Subject to our client securing vacant possession, entry is available immediately on conclusion of missives.