The subjects comprise retail premises arranged over the ground floor of an attractive 3 storey sandstone building which is contained under a pitched and slated roof.
The property has presently been stripped out in anticipation of its reinstatement as either 1 or 2 retail units. The intended refurbishment will include the following:-
1. New retail frontage/frontages
2. Fully refitted internally to a shell finish
3. New electrics throughout
4. New toilet/sanitary provisions
5. Modern light fitments.
6. Tea preparation area.
Location
The subjects occupy arguably the highest profile position within Falkirk’s pedestrianised town centre lying on the corner of High Street and Kirk Wynd, immediately opposite the Howgate Shopping Centre and Falkirk Steeple.
Falkirk itself comprises an important town within central Scotland lying midway between Edinburgh and Glasgow, forming the main administrative centre for the surrounding district. As such the town provides extensive retail, leisure and local Government facilities. Having a resident population of over 38,000 at the Census of 2011.
In terms of the subjects themselves the property occupies an extremely prominent corner position within the heart of the town’s pedestrianised commercial centre with nearby occupiers including Boots, O2 and William Hill.
Accommodation
The subjects provide a gross internal area of:- 83.00 sq. m (893 sq. ft.)
Planning consent has been secured for the subdivision of the subjects into 2 component retail units which would extend to the following net internal areas:-
Unit 1 - 39.50 sq m (425 sq ft)
Unit 2 - 35.50 sq m (382 sq ft)
The layout of the proposed scheme may be amended at the landlords discretion.
Terms
RATEABLE VALUE: The subjects will require to be reassessed for rates purposes upon subdivision.
LEASE TERMS: The subjects are available on a normal fully repairing and insuring terms, for a period to be negotiated, incorporating rent reviews at appropriate intervals.
RENTAL: The following rentals area sought:-
Single unit - £XXX per annum exclusive
Unit 1 - £XXX per annum exclusive
Unit 2 - £XXX per annum exclusive
The quoting rents of the proposed units may change depending on the final configuration.
VIEWING: Strictly by arrangement with the letting agents.
VAT: All prices quoted are exclusive of VAT which maybe chargeable.
ENERGY PERFORMANCE: A copy of the Energy Performance Certificate (EPC) can be made available on 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 all LBTT, registration dues and VAT incurred.
Specification
- High profile /prominent town centre retail premises
- Busy corner position opposite Howgate Centre
- Internal refurbishment to be carried out
- Available as a whole or subdivided