The property comprises two clear open plan ground floor retail units. Our clients have also obtained Planning Permission and Building Warrant for the amalgamation of the units and replacement of existing canopy with a fully glazed canopy; plans are available on request.
Location
Kirkintilloch is a prosperous commuter town 10 miles to the north east of Glasgow, where many national retailers and local multiples are represented taking advantage of the towns 20,000 population. The subjects are located within the main stretch of Cowgate, the town’s principal shopping thoroughfare; local occupiers include WH Smith Barclays Bank, Burtons, Greggs and Boots Opticians.
Accommodation
We have measured the property in accordance with the RICS Code of Measuring Practice (6th Edition) and estimate the units have the following areas:
Unit 15 - 1,502 sq ft
Unit 17 - 2,859 sq ft
TOTAL - 4,361 sq ft
The units are available individually or on a combined basis. In addition our clients own the lower ground floor extending to 357.76 sq m (3,849 sq ft).
Terms
Lease / Purchase
The property is available on Full Repairing and Insuring terms. Details on rental are available on request. Alternatively our clients would consider selling their freehold interest in the premises.
Rates
We are verbally advised by Dunbartonshire and Argyll and Bute Valuation Joint Board that the units have a Rateable Value of:
Unit 15: £XXX
Unit 17: £XXX
The current uniform business rate is 45 pence (2012/2013).
Legal Costs
Each Party will be responsible for their own legal costs incurred and the ingoing tenant to be responsible for stamp duty land tax, registration dues etc.