***Ideal Investment Opportunity***
KnightBain are delighted to bring to the market this former RBS building situated in the heart of Grangemouth.
WELL SUITED FOR A VARIETY OF USES OR REDEVELOPMENT
The prominent town center location, offers flexible office space with options for sub division with high levels of passing trade. The premises are situated on the pedestrianised side of La Porte Precinct, the prime shopping location for the town centre. Nearby occupiers include Costa, Subway, Specsavers, Boots and British Heart Foundation.The property is arranged over ground (3,441 sq feet) and first floor (2,215 sq feet). The building has return frontage onto La Porte Precinct and Union Road. Visible corner site near car park with Class 2 consent in good overall condition. Would appeal dentist/lawyers/bookmakers/retail outlet or restaurant / take-away subject consents.
Location
Grangemouth is a town in east Stirlingshire and is part of the Falkirk council area, Scotland. The town lies in the Forth Valley, on the banks of the Firth of Forth, 3 miles (4.8 km) east of Falkirk, 5 miles (8.0 km) west of Bo'ness and 13 miles (20.9 km) south-east of Stirling. Grangemouth has access to three nearby railway stations: Falkirk High, Falkirk Grahamston and Polmont. Preliminary figures from the 2011 census reported the number as 17,373. The main industry of Grangemouth and the wider Falkirk council area is focused on the Grangemouth Refinery which employs a significant workforce and is one of the largest of its kind in Europe.
Accommodation
Ground Floor Ground Floor 319 sq m (3441 sq feet)
First Floor First Floor 205 sq m (2215 sq feet)
Ground Floor Rental Potential Ground floor former RBS with class 2 consent in good condition well maintained should let £20,000 p.a
First Floor Current Lease The first floor is currently let to Tait & Mackenzie at an annual rent of £9,500 with a lease expiry in May 2024
Terms
Rateable Value According to the Scottish Assessors Association website, the property has a current rateable value of £37,750.
Legal Costs Each party shall bear their own legal costs in connection.
Date of Entry Entry will be available on completion of legal formalities
VAT VAT, awaiting confirmation
Services Services have not been tested
Viewing Viewing strictly by appointment via KnightBain
Energy Performance Certificate A copy of the Energy Performance Certificate is available upon request