The subject comprises retail premises arranged over the ground and first floor of a mid-terraced 3 storey building which appears to be of stone construction contained under a pitched and slated roof. The retail frontage to the High Street comprises aluminium/glazed entrance door together with aluminium/pvc double glazed display windows.
Internally the subjects are arranged over the ground floor to provide the main retail area with access to the above storage and further ancillary space from the stairwell located at the rear of the main retail area. The first floor comprises storage and support accommodation alongside WC facilities and a staff room, the second floor provides further additional support storage.
Location
The premises are situated on the southern side of High Street, forming the main pedestrianised retail Street within the commercial centre of Falkirk.
In this respect, the subjects occupy a prominent town centre position within the heart of Falkirk’s commercial centre with nearby occupiers including Virgin, Bob & Bert’s, Waterstones and Vision Express.
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 with a district catchment of 56,000.
Accommodation
We summarise the accommodations net internal area as undernoted:-
Ground – 116.22 sq. m (1,251 sq. ft.)
First Floor – 90.12 sq. m (970 sq. ft.)
Second Floor – 171.22 sq. m (1,843 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
RENTAL - Offers of £XXX per annum exclusive are sought.
PRICE - P.O.A.
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.
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.
OFFERS - All offers should be submitted in strict Scottish Legal Form to the Falkirk Office.
Specification
- Prominent High Street location
- Flexible retail space
- NIA 377.55 sq. m (4,064 sq. ft.)
- Potential to purchase landlords freehold interest.
- Offers of £XXX per annum exclusive are sought