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Retail Unit with Class 3 Hot Food Consent, 2 Newmarket Street, Falkirk, FK1 5JQ

356 Sq Ft / Retail / General Retail

Let - Last updated: 03 March 2020

The subjects comprise hot food takeaway premises arranged over part of the ground floor of a mid-terraced, 3 storey building which is assumed to be rendered brick/block construction having a stone fascia, under a pitched and slated roof. The subject extend into a rear projection which is single storey in height and of rendered brick/block construction contained under a flat felt clad roof.

The retail frontage to Newmarket Street comprises a timber/glazed entrance door together with a timber framed display window.

Internally the subjects presently interconnect with the adjoining unit however full separation works will be completed, prior to occupation.

In this regard, the following works will be undertaken:-

  • Separation wall will be reinstated
  • Repairs will be carried out to the flooring
  • Existing plasterboard partition will be removed
  • Appropriate redecoration will be carried out

Upon completion of the separation works the subjects will be arranged to provide a main retail/takeaway area together with rear ladies and gents toilet facilities.

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 – 33.08 sq.m. (356 sq.ft.)

Terms

RATEABLE VALUE:
The subjects will require to be reassessed upon subdivision.

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 £12,000 per annum exclusive are sought.

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

  • Class 3 Hot Food consent available
  • Prominent town centre retail unit
  • Situated directly opposite Asda Store
  • Flexible lease terms available


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