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Class 2 Retail Premises Over 2 Floors, 2-6 Cockburn Street, Falkirk, FK1 5BE

859 Sq Ft / Retail / General Retail

Sold - Last updated: 20 December 2022

The subjects comprise a flexible retail unit (class 2) arranged over the ground floor of a two storey building which is assumed to be of rendered brick construction contained under a flat felt clad roof.

Internally the subjects are arranged to provide a main sales area, a separate administration centre, private meeting room with additional support storage areas such as a comms area, staff room and female and male WC’s.

Location

The subjects are situated on the western side of Cockburn Street in close proximity to its junction with West Bridge Street and High Street, forming part of the western outskirts of Falkirk’s pedestrianised town centre.

Falkirk itself comprises an important town within central Scotland lying midway between Glasgow and Edinburgh, 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 £38,000 people at the census at 2011.

Falkirk’s position within the heart of the central belt ensures that the town benefits from excellent communications with links to the M876 and M9 lying to the east and west retrospectively. In addition the town benefits from two main line railway stations with Falkirk High lying on the main Edinburgh to Glasgow shuttle route.

In terms of the subjects themselves the property forms part of the western periphery of the main town with nearby occupiers including Skin Scribe Tattoo Studio, Property Unlimited and Westend Gallery. 

Accommodation

We summarise the accommodation as undernoted:-

Net Internal Area - 79.83 sq. m (859 sq. ft.)

The above calculated area has been calculated for our agency purposes only and should be used for no other purpose.

Terms

RATEABLE VALUE - Having regard to the Scottish Assessors Association website we note that the subjects are entered into the current Valuation Roll at a rateable value of £19,100

PRICE - Offers of £150,000 are sought

LEASE TERMS - The subjects are offered on a normal full repairing and insuring terms with a period to be negotiated incorporating rent reviews at appropriate intervals.

RENTAL - Offers of £15,000 per annum exclusive are sought. 

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 main road frontage
  • Flexible retail unit (Class 2)
  • Net internal area 79.83 sq. m (859 sq. ft.)
  • Offers of £150,000 or £15,000 per annum exclusive


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