The subjects comprise a mid terraced retail unit forming the ground and basement of a traditional 3 storey sandstone building. The frontage of the property is of aluminium framed and glazed construction with an offset glazed entrance door and roller shutter.
Internally the property benefits from a large open plan ground floor retail space. The basement of the property is accessed via a good sized staircase and provides an open plan storage area, office area, tea prep area and w.c. facilities.
Location
Stirling is widely regarded as one of Scotland`s busiest and most popular tourist and business locations and benefits from a superb location, allowing easy access by road and rail to all other major business centres throughout the country.
The city lies approximately 26 miles northeast of Glasgow and around 38 miles northwest of Edinburgh and provides access to 75% of Scotland`s population within a 48 mile radius.
The subjects are located on the eastern side of Murray Place near to its junction with King Street. Murray Place forms a prime retail pitch within Stirling City Centre.
Accommodation
From sizes taken during our inspection we calculate the subject property, measured in accordance with the RICS Code of Measurement Practice (second edition, January 2018) to extend to the following approximate net internal area (NIA):
Basement: 88.9m²/957ft²
Ground Floor: 79.2m²/853ft²
Total: 168.1m²/1,810ft²
Terms
Proposal - Lease from £22,500 per annum for a new FRI lease.
Incentives are available subject to lease duration and tenant covenant strength.
Planning - All queries in relation to redevelopment/ reconfiguration of the subjects should be addressed to Stirling Council Planning Department.
Rating - Rateable value £19,400.
EPC - F
Closing Date - A closing date may be set and all interested parties should make a note of interest at the offices of the Sole Agent. We reserve the right to sell or let the property without setting a closing date and we are not obliged to accept the highest or indeed any offer for the sale or lease of the property.
VAT - All prices, premiums and rents quoted are exclusive of VAT.
Specification
- LEASE FROM £22,500 PER
- ANNUM
- 1,810 FT²
- INCENTIVES AVAILABLE
- PRIME RETAIL PITCH
- HIGH FOOTFALL
- LARGE GLAZED FRONTAGE