The subjects comprise retail premises arranged over the ground floor of a mid-terraced 2 storey building which is of stone construction contained under a pitched and tiled roof. The property has been extended to the rear, this projection also being of 2 storey in height and appearing to be of a rendered brick/block construction contained under a pitched and tiled roof.
The retail frontage to Ladysmill comprises 2 large single glazed windows alongside a timber entrance door all protected by roller shutters.
Internally the subject provides a main retail area of additional workspace/storage areas and WC facilities
Location
The subjects occupy a prominent position lying within close proximity to its junction with Grangemouth Road and Thornhill Road lying to the east of Falkirk’s town centre.
Grangemouth Road forms part of the A904 trunk road route and represents one of Falkirk’s principal access thoroughfares, with the premises enjoying an extremely visible, prominent position. The surrounding area accommodates a range of commercial operators including Vapour Monster, The Canton Takeaway and Mother Murphy’s’ Tearoom.
Falkirk itself comprises a principal town within the central Scotland area, lying approximately midway between Glasgow and Edinburgh, forming the main administrative centre for the surrounding districts.
The town benefits from excellent communication links with the M9 and the M876 lying to the east and west retrospectively. In addition Falkirk benefits from 2 main line railway stations and lies on the principal Glasgow to Edinburgh rail route.
Accommodation
We summarise the accommodation as under noted:
Net internal area - 79.33 sq. m (854 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 £9,500. The Small Business Bonus Relief Scheme was introduced on the 1st April 2008 and will remain in force for 2019/2020 and, given the rateable value of this suite, eligible businesses will benefit from 100% discount.
PRICE: Offers over £100,000 are sought.
LEASE TERMS: the subjects are offered on a normal full repairing and insuring terms of a period to be negotiated incorporating rent reviews at appropriate intervals.
RENTAL: Offers of £10,000 exclusive are sought.
VIEWING: Strictly by arrangement with the sole sale/letting agents.
VAT: All prices quoted are exclusive of VAT which maybe chargeable.
ENERGY PERFORMANCE: A copy of the Energy Performance Certificates (EPCs) 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.
OFFERS: All offers should be submitted in strict Scottish Legal Form to the Falkirk Office.
Specification
- Prominent retail premises
- Busy main road position
- Flexible internal layout
- Offer over £100,000 or £10,000 per annum exclusive