The subjects comprise a ground floor unit within a single storey building of brick construction.
Internally the accommodation provides an open plan bar/restaurant, food preparation area, cellar/storage room, staff room/office and male and female w.c’s.
The property is well located benefiting from neighbouring retailers which include McColl’s and dominos. There are a large number of residential properties within the nearby vicinity with good levels of passing trade along with ample parking.
Location
Falkirk is a large town in the Central Lowlands of Scotland, It lies in the Forth Valley, 23.3 miles (37.5 km) north-west of Edinburgh and 20.5 miles (33.0 km) north-east of Glasgow.
Falkirk has a resident population of 34,570 according to the 2008 census. The population of the town has risen over the past decade, making it the 20th most populous settlement in Scotland. Falkirk is the main town and administrative centre of the Falkirk council area, which has an overall population of 156,800 and inholds the nearby towns of Grangemouth, Bo’ness, Denny, Larbert and Stenhousemuir. Attractions in and around Falkirk include the Falkirk Wheel, The Helix, The Kelpies, Callendar House and Park and remnants of the Antonine Wall. In a 2011 poll conducted by STV, it was voted as Scotland’s most beautiful town, ahead of Perth and Stirling in 2nd and 3rd place respectively.
The subjects are located on the eastern side of Maggie Woods Loan near to it’s junction with Westburn Avenue.
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 gross internal area (GIA):
127.1 sq m (1,368 sq ft)
Terms
RATING - Rateable value £7,000. Qualifying businesses will be able to benefit from 100% rates exemption subject to application.
PROPOSAL - Offers over £120,000 are invited for the Heritable (freehold) interest. Offers of £14,000 per annum are invited for a new FRI lease.
VAT - All prices, premiums and rents quoted are exclusive of VAT.
EPC - G.
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.
PLANNING - All queries in relation to redevelopment/ reconfiguration of the subjects should be addressed to Falkirk Council Planning Department.
Specification
- OFFERS OVER £120,000
- 1,368 SQ FT
- LEASE FROM £14,000 PER ANNUM
- HIGH LEVEL OF FOOTFALL
- FULLY FITTED BAR/RESTAURANT
- GOOD LEVELS OF PARKING
- 100% RATES RELIEF (SUBJECT TO QUALIFICATION)