The subjects comprise retail premises arranged over the ground floor of a mid-terraced, 3 storey building which is assumed to be of rendered brick/block construction having a stone fascia, under a pitched and slated roof.
The subjects extend to the rear into a single storey projection which is of rendered brick/block construction, contained under a flat, felt clad roof. The retail frontage to Newmarket St comprises a timber/glazed entrance door together with two timber framed display windows.
Internally the subjects provide a main retail area together with rear toilet facilities.
At the present time the subjects interconnect with an adjoining unit however separation will be completed, prior to occupation.
Location
The subjects occupy a prominent town centre position on the southern side of Newmarket Street, east of its junction with Hope Street, forming part of Falkirk’s principal commercial centre.
The surrounding area is given over largely to commercial usage with nearby occupiers including Marshall Wilson Solicitors, Gair and Gibson Solicitors, Wilkies and Asda.
Falkirk itself comprises an important town within Central Scotland forming the main administrative centre for the surrounding district and as such provides extensive retail, leisure and local Government facilities. The town’s 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 people and a district catchment of 156,000.
Accommodation
We calculate that the subjects extend to the following area:-
Net internal area – 53.25 sq.m. (573 sq.ft.)
Terms
LEASE TERMS: The subjects are offered on a normal full repairing and insuring terms for a period to be negotiated incorporating rent reviews at appropriate intervals.
RENTAL: Offers of £XXX per annum exclusive are sought.
RATEABLE VALUE: The subjects will require to be reassessed upon subdivision.
VAT: All prices quoted are exclusive of VAT which maybe chargeable.
ENERGY PERFORMANCE: A copy of the Energy Performance Certificate (EPC) 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.
Specification
- Prominent town centre retail unit
- Situated directly opposite Asda Store
- Flexible lease terms available
- £XXX per annum exclusive sought