Compact shop unit in move-in condition
Stirling Arcade is a Victorian arcade dating from around 1881 and was sympathetically renovated around 5 years ago. It now provides a relaxing and bright shopping experience thanks to the extensive glass atrium and great choice of independent retailers. Unit 33 is prominently situated in the centre of the Arcade and offers an excellent unit with large display windows and separate wc and kitchen area. There is partitioned store area to the rear.
Location
The city of Stirling has a resident population of around 36,000 and is ideally located in the heart of the central belt. With easy access by motorway and mainline train, Stirling attracts numerous tourists and visitors to its wealth of history, excellent choice of shops and highly regarded university. Stirling Arcade is located in the city centre on King Street, just a moments walk from the railway station and the Thistle Shopping Centre. Neighbouring retailers include, Macdonalds, Pizza Express, Costa Coffee, Tisos.
Accommodation
The subjects have been measured in accordance with the RICS Code of Measuring Practice (6th Edition) and calculated to have a Net Internal Floor Area of 35 sqm (376 sqft). Unit 33 has wood effect flooring, slat-walling throughout the front shop and suspended acoustic ceiling tiles with recessed down-lighting.
Terms
LEASE TERMS & RENT
The property is available by way of a new lease for a period to be agreed at a rental of £5,000 per annum. Further details are available from the sole agents upon request.
SERVICE CHARGE
An annual service charge covering communal costs is charged.
LEGAL COSTS
Each party shall bear their own legal costs incurred in connection with this transaction. The ingoing tenant shall be responsible for any Stamp Duty Land Tax, VAT or Registration Dues incurred thereon. Our clients will be charging VAT on this transaction.
BUSINESS RATES
We understand the property has a Rateable Value of £3,550 so may qualify for 100% rates relief under the Small Business Bonus Scheme. Interested parties should satisfy themselves in this regard.
Specification
- Prominent situation at entrance to Arcade
- Excellent visibility
- Slat-wall display system installed throughout front shop
- Move-in condition