Shopping Mall Unit
Prime Position
Basement, Ground & 1st
25,474sq ft
Walk In Condition
Rent: £65,000p.a.x.
Sale: £550,000
Location
The premises are located within The Thistle Centre with nearby occupiers including Boots , Superdry, Joules Clothing, Costa, Card Factory, Lush, Superdrug and Marks & Spencer.
Stirling is situated approximately 36 miles north of Edinburgh and 26 miles north of Glasgow on the M9 Motorway. The town has a resident population of around 38,000 people and draws on a larger catchment for the wider area estimated to be over 100,000 people.
The Thistles and Marches Shopping Centre is the main retail focal point in the town located beside Murray Place and Port Street. The Centre extends to in excess of 500,000 sq ft with 87 units and dedicated car parking.
Property
The premises forms part of a shopping centre retail unit with frontage overlooking the main enclosed retail mall. The premises are arranged over ground, basement and first floors.
The unit is finished with painted plaster walls, tiled floors and suspended ceilings. The first floor area is part sales and storage. The basement is for storage use with access to the service and loading area for the centre.
Area
The property has the following internal areas;
Ground Floor 8,203sq ft (762.06sqm)
Basement 5,139sq ft (477.41sqm)
First Floor 12,132sq ft (1,127.06sqm)
Total: 25,474sq ft (2,366.53sqm)
Service Charge
There is a service charge payable as part of the management contract within the Thistles Shopping Centre, further information available on request
Rent
The property is available on a new full repairing and insuring head lease for a negotiable term for £65,000p.a.x.
Sale
Our client would dispose of their freehold interest for £550,000
V.A.T.
The transaction will attract V.A.T.
Legal
Each party shall bear their own legal course incurred in the transaction
Viewing
Available via appointment either in person or virtual viewing.
Anti Money Laundering
TSA Property Consultants are regulated by HMRC in its compliance with the UK Money Laundering under the 5th Directive of the Money Laundering Regulations, effective from 10th January 2020, the agents are required to undertake due diligence on interested parties.