The subjects comprise extensive retail premises arranged over the ground floor of a mid-terraced, part 3 storey and part 2 storey building, which is assumed to be of mixed stone and brick construction, contained under a variety of pitched/slated and flat roofs.
The retail frontage to High Street comprises double aluminium/glazed entrance doors together with 2 aluminium framed display windows.
Internally the subjects provide extensive retail, storage and ancillary accommodation, with rear loading access taken from Manor Street.
The subjects offer the flexibility to be subdivided into 2 component units if required.
Location
The subjects occupy a prominent position lying on the northern side of Falkirk’s pedestrianised High Street, forming part of the town’s principal commercial centre.
Falkirk itself comprises an important town within central Scotland lying midway between Edinburgh and Glasgow forming the main administrative centre for the surrounding district. As such the town provides extensive retail, leisure and local Government facilities, having a resident population of over 38,000 at the Census of 2011.
In terms of the subjects themselves the property forms part of the town’s principal commercial heart with nearby occupiers including Greggs, The Bank of Scotland and Coral Racing.
Accommodation
We calculate the subject extent to a gross internal area of:- 1176.78 sq. m (12,660 sq. ft.)
Terms
RATEABLE VALUE: Having regard to the Scottish Assessors website we note that the subjects are entered into the current Valuation Roll at a rateable value of £XXX
LEASE TERMS: The subjects are offered on normal full repairing and insuring terms, for a period to be negotiated, incorporating rent reviews at appropriate intervals.
RENTAL: Offers of £XXX per annum exclusive are sought.
The landlord will give consideration to subdivision of the property into 2 component units, subject to agreeing suitable terms.
VAT: All prices quoted are exclusive of VAT which maybe chargeable.
ENERGY PERFORMANCE: A copy of the Energy Performance Certificate (EPC) for the subjects is available upon request.
LEGAL EXPENSE: Each party will be responsible for the payment of their own legal costs. The incoming tenant will be responsible for the payment of any LBTT, registration dues and VAT incurred
Specification
- Prominent town centre retail premises
- Significant floor area with potential to subdivide
- Gross internal area 1176 sq. m ( 12,660 sq. ft.)
- Flexible terms available