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Business Investment In Busy Location, 202 Grahams Road, Falkirk, FK2 7BX

476 Sq Ft / Retail / General Retail

Withdrawn - Last updated: 11 May 2021

The subjects comprise retail premises contained within a mid terrace two storey and attic building which is of a traditional stone construction contained under a pitched and slated roof.

The retail frontage to Grahams Road comprises a timber/glazed entrance door together with two timber framed display windows.

Internally the subjects provide a main retail area together with a separate storage room and rear kitchen section with toilet facilities.

Location

The subjects occupy a busy main road frontage on the western side of Grahams Road in close proximity to its junction with Bryson Street, lying to the north of Falkirk’s main town centre.

Grahams Road comprises one of Falkirk’s principal access thoroughfares, the subjects enjoy a busy main road frontage with nearby occupiers including Jim Allan Motorcycles, Little Asia Food store and Homefront Signprint Embroidery.

Falkirk itself comprises an important town within central Scotland forming the main administrative centre for the surrounding district and as such providing extensive retail, leisure and local government facilities. The towns position ensures that Falkirk benefits from excellent transportation links to the remainder of the country with the town having a resident population of over 35,000 and a district catchment of 156,000.

Accommodation

We summarise the accommodation as undernoted net internal areas:

Net Internal Area – 44.21 sq m (476 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 £XXX

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.

LEASE TERMS: The subjects are presently let on a 5 year lease until the 1st of June 2022 under an internal repairing terms at a passing rental of £XXXpa exclusive.

PRICE: Offers of £XXX exclusive are sought.

VIEWING: Strictly by arrangement with the sole letting agents.

VAT: All prices quoted are exclusive of VAT which may be 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 busy main road location
  • Current passing rental £XXXpa
  • Offers of £XXX invited


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