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Town Centre Retail Unit, 8 West Bridge Street, Falkirk, FK1 5RQ

373 Sq Ft / Retail / General Retail

Let - Last updated: 15 December 2023

The subjects comprise retail premises over the ground and partial first floor of a mid-terraced, stone-built building that is surmounted by a pitched and slated roof. The unit is entered via a recessed aluminium framed glazed doorway into an open-plan area accommodating five barber stations and a backwash. The first floor accommodates WCs for staff and customers. The property may be suitable for alternative uses within Class 1A.

Location

Falkirk is an important town within Scotland’s central belt, lying midway between Edinburgh and Glasgow and forming the main administrative centre for the surrounding district. As such, the town provides extensive retail, leisure, and local government facilities. As of 2021, the estimated resident population of Falkirk was 35,650.

8 West Bridge Street enjoys a prominent location on the northern side of West Bridge Street, a busy thoroughfare, at its junction with Wellside Place, and lies close to Falkirk’s pedestrianised town centre.

Nearby occupiers are a mix of retail, residential and public sector, including Falkirk Council Central Government offices, Central Advocacy Partners, Unity Mortgages, Honor Hair and Beauty, MTM Lawyers, West End Gallery and Marshal Wilson Estate Agents and Solicitors. As a result, the property has high levels of footfall on top of the passing traffic into the town.

Public car parking is available within walking distance of the premises, as are public transport links - Falkirk Bus Station and Falkirk Grahamston Railway Station.

Accommodation

The property has been measured in accordance with RICS Code of Measuring Practice - 6th Edition on a net internal basis and is as follows:

373 sq ft (34.65 sq m)

Terms

RATEABLE VALUE: According to the Scottish Assessors’ Association website, the subjects are noted to have a Rateable Value of £5,900 per annum.

It should be noted under the terms of the Small Business Bonus Scheme, the property may be eligible for 100% rates relief.

LEASE TERMS: The premises are offered on normal full repairing and insuring terms for a period to be negotiated, incorporating rent reviews at appropriate levels. Offers over £6,000 per annum exclusive sought.

ENERGY PERFORMANCE: A copy of the Energy Performance Certificate (EPC) for the subjects is available upon request.

VAT: All prices quoted are exclusive of VAT which may be chargeable.

LEGAL COSTS: Each party will be responsible for paying their own legal costs incurred in this transaction.

ENTRY: Upon completion of legal formalities.

Specification

  • Well-presented retail premises
  • High levels of passing footfall and traffic
  • Extends to 373 sq ft (34.65 sq m)
  • Offers over £6,000 per annum invited


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