Stirling Town Centre
Full Building
Retail / Leisure / Residential Potential
20,180sq ft
Rent: £35,XXX.a.
Sale: £330,000
Location
The property is prominently located between Murray Place and The Thistles Shopping Centre in the heart of Stirling. The Local Authority is Stirling City Council. The immediate area comprises a wide range of retail, residential and most recently student uses, with numerous shops, restaurants and amenities available within close proximity of the site. Formerly the BHS unit connected through into the Thistles, however this rear section was leased and does not form part of this disposal. 3 units, connecting the rear of the subjects were created and we understand that one remains available, which could provide access through from the subjects. Stirling Station is located approximately 0.2 miles from the property, currently direct trains to Glasgow transport passengers into Glasgow City Centre within 30 minutes.
Property
The existing property comprises a retail building (Use Class 1) which extends to approximately 20,180sq ft over 5-storeys. The property was most recently operated by British Home Stores and is arranged with an open plan sales area at ground floor with further sales areas, restaurant and storage across the upper floors. The site has frontages on to the Murray Place in the heart of Stirling Town Centre. The main customer entrance would be off Murray Place, with secondary access and servicing taken through the rear the service yard.
Area
The property has been calculated to extend to the following area:
Basement: 443.59sqm (4,775sq ft)
Ground: 448.86sqm (4,831sq ft)
1st: 465.53sqm (5,011sq ft)
2nd: 411.41sqm (4,428sq ft)
Attic: 105.41sqm (1,135sq ft)
Total: 1,874.8sqm (20,180sq ft)
NAV/RV
£231,000
Rent
The property is available on a new full repairing and insuring head lease for a negotiable term for £35,XXX.a.
Sale
Our client would dispose of their freehold interest for £330,000
V.A.T
V.A.T is applicable
E.P.C
Available on request
Legal
Each party shall bear their own legal costs incurred in the transaction
Title
Available on request
LBTT & Registration Dues
The tenant / purchaser shall be responsible for any LBTT or Registration Dues incurred in the transaction
Anti-Money Laundering
In order to comply with anti-money laundering legislation, the successful purchaser / tenant will be required to provide certain identification documents. The required documents will be confirmed to and requested at the relevant time