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Attractive City Centre Investment, 61-63 Murray Place, Stirling, FK8 1AD

2,443 Sq Ft / Retail / Investment

For Sale

Available - Last updated: 02 July 2024

The subjects form the ground floor of a larger 3 storey building of stone construction. The property benefits from a large glazed double frontage.

Internally the unit provides a large open plan sales area to the front of the property with staff accommodation located towards the rear.

Location

The subjects occupy a prime position on Murray Place, within the city centre of Stirling. Stirling has a central location within Scotland and excellent road connectivity, with access to M9 and M8 both within a 5-mile radius. These provide convenient links to major road networks across the country. The city also offers nearby access to public transportation, with Stirling railway and bus stations located in very close proximity.

Positioned in Stirling’s city centre, the property occupies a primary pitch on Stirling's main retailing thoroughfare. Surrounding occupiers are a vibrant mix of local and national businesses, including renowned names such as McDonald’s, Betfred, Sainsbury’s, Savers and German Donner Kebab.

Accommodation

The premises extend to the following approximate areas:

Ground Floor: 2,443 sq ft / 227 sqm

Terms

Tenancy - The subjects are let to Luxury Leisure t/a Admiral Casinos on a full repairing and insuring lease with a schedule of condition. The passing rent is £20,000 per annum with a lease expiry on 18th April 2033. There shall be an open market rent review on the 5th anniversary.

Price - Offers invited

EPC - On application.

Legal Costs - Each party to be responsible for their own legal and professional costs incurred in this transaction. For the avoidance of doubt the ingoing tenant will be responsible for Land & Buildings Transaction Tax (LBTT), registration dues and any VAT payable thereon.

Specification

  • Attractive City Centre Investment
  • Let to Luxury Leisure
  • Rent: £20,000 pa
  • Expiry: 18th April 2033 (no break options)
  • Offers invited

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Offers invited For Sale Freehold NA NA

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Contact agents

Andrew Britton

Britton Property

0141 432 0180



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