The subjects comprise a ground floor retail and office unit contained within an end terraced two storey building clad externally with concrete panels under a pitched roof. The property benefits with a retail frontage to Grahams Road comprising timber/glazed entrance door together with timber glazed display windows wrapping round the front, rear and gable of the property.
Internally the subjects are arranged to provide a shop front area with an adjoining office together with an appropriate storage area, tea prep and toilet facilities.
Location
The subjects are situated on the eastern side of Grahams Road, a busy main north/south thoroughfare of Falkirk’s town centre, directly opposite Boyd Street.
Falkirk itself comprises of an important town within central Scotland forming the main administrative centre for the surrounding district and as such providing extensive retail, leisure and local government facilities. The town’s position ensures that Falkirk benefits from excellent transport links to the remainder of the country with the town having a resident population of over 35,000 people at the census of 2011 with over 156,000 residents within the district.
The property is located within a secondary retailing position which fronts onto one of Falkirk’s principle access roads. Occupiers within the vicinity include Jim Allan Motorcyles, Kudos Interiors, and DIY Falkirk and many other local individual traders.
Accommodation
We calculate that the subjects extend to the net internal area of 129.94 sq m (1,398 sq ft).
Terms
RATEABLE VALUE:
Having regard to the Scottish Assessors Association Website we note that the subjects are entered in the current valuation roll at a rateable value of £12,100.
The Small Business Bonus Relief Scheme which was introduced on 1st April 2008 will remain in force for 2018/2019 and, given the rateable value of the space, eligible businesses will benefit from 100% discount.
RENTAL:
Rental offers of £12,000 per annum exclusive are sought.
LEASE TERM:
The subjects are offered on a normal full repairing and insuring lease for a period to be negotiated and incorporating rent reviews at appropriate intervals.
OFFERS:
All offers should be submitted in strict Scottish Legal form to this office.
ENERGY PERFORMANCE:
A copy of the Energy Performance Certificate (EPC) for the subjects is available upon request. The rating is an F.
VAT:
All prices quoted are exclusive of VAT which maybe chargeable.
LEGAL COSTS:
Each party will be responsible for paying their own legal costs. The incoming tenant will be responsible for the payment of any Land and Buildings Transaction Tax (LBTT), registration dues and VAT incurred.
Specification
- Prominent Main Road Retail Unit
- Suitable for wide range of retail uses
- 129.94 sq m (1398 sq ft)
- Offer of £12,000 exclusively invited