Prime Trading Location
Prominent Frontage
Let to: Subway Realty Ltd
Expiry: 29th April 2027
Passing Rent: £XXXp.a.x.
Price: o/o £XXX
Location
The subjects are situated on the West side of LaPorte Precinct, a prime destination shopping and business hub in the heart of Grangemouth. Grangemouth is situated in East Stirlingshire in the Forth Valley, on the Firth Of Forth in Central Scotland and is situated approx 3 miles East of Falkirk, 5miles West of Bo’Ness and 13 miles South East of Stirling, with a population of c.17,XXXersons.
The site itself is ideally placed within a busy commercial thoroughfare with local refinery and associated business hubs in close proximity. Neighbouring occupiers include Greggs, Costa Coffee, Lloyds Pharmacy, B&M and Subway
Property
The subjects comprise a retail unit arranged over the ground floor of a 2 storey building under a pitched and slated roof. The accommodation provides retail space at the front with staff accommodation, storage and W.C facilities at the rear.
Accommodation
The premises extend to the following net internal areas.
Ground Floor: 359.53sq m (3,870sq ft)
Executive Summary
The property is held on a full repair g and insuring head lease on the following terms; l
Tenant:
Expiry: 29th April 2027
Tenant Break: April 2022
Passing Rent: £XXXper annum
Covenant Info: Subway Realty Ltd hold the master licence for Subway sandwich shops throughout the U.K and are the main trading company for Subway within the U.K. Trading information and account informations available via Companies House
Proposal
The property is available for offers in excess of £XXX
V.A.T
The property is elected for V.A.T as such the transaction would be treated as a T.o.G.C (transfer of a going concern)
Legal Costs
Each party will be responsible for their own legal costs incurred in connection with this transaction.
Energy Performance Certificate
A copy of the EPC can be provided on request.
Lease & Title
Available on request