The subjects are contained within a 4 storey building of stone and brick construction, surmounted with a timber pitched roof overlaid in slate. The subjects form a ground and basement floor retail unit with frontage onto Murray Place. The ground floor of the subjects form the main retail area within the shop with glass frontage and pedestrian access to Murray Place. To the rear of the premises is a stairway which provides access to the basement floor. The basement area is currently used as a retail area but also provides a small store and wc towards the rear. The subjects form the corner unit of a parade of similar styled shops. The subjects benefit from high footfall figures due to the close proximity to the bus and railway station and form a good retail pitch.
Location
Stirling is the main city within the central belt of Scotland with a population of around 35,000 and a catchment population of around 100,000. Stirling benefits from good means of access to Scotland’s motorway network via the M80/M9 and has a main line Railway Station that is located nearby to the subject property offering good means of access to Edinburgh, Glasgow and beyond. The unit benefits from an impressive footfall with neighbouring occupiers which include a variety of local and national based traders.
Accommodation
From sizes taken during our inspection we calculate the subject property measured in accordance with the RICS Code of Measuring Practise 6th Edition to extend to the following approximately net internal floor areas:-
764ft².
Terms
RATING
From enquiries made with Stirling City Council Assessors Department we are informed the subject property has been placed on the current Valuation Roll at £13,900 per annum. Interested parties should, however, contact Stirling Council’s Assessors Department for further advice on rateable values for the subject property.
LEASE TERMS
Our Clients wish to enter into new lease of negotiable length drawn along full repairing and insuring terms.
PLANNING
It has been assumed the property has relevant planning consents and use class order with respect to its current use as a retail shop unit. All applications and planning enquiries should be made to Stirling Council Planning Department.
PROPOSAL
Rental offers of £16,500 per annum exclusive are invited. Offers over £170,000 are invited for the freehold interest.
VAT
All prices premiums and rents quoted are exclusive of VAT.
Specification
- RARE OPPORTUNITY TO LEASE OR PURCHASE A RETAIL UNIT WITHIN THE PROMINENT TOWN CENTRE OF STIRLING.
- 764FT² NET INTERNAL AREA.
- EXCELLENT TRANSPORT LINKS SERVED BY ROAD, BUS AND TRAIN.
- EPC - G