4 Catherine Street comprises a large shop unit that has been subdivided in two. Combining the units to return to a single occupancy should not be a complicate task.
The property benefits from multiple display windows and a return frontage to David Donnelly Place.
Location
Kirkintilloch is the administrative centre for East Dunbartonshire Council and sits approximately 8 miles north of Glasgow city centre.
Catherine Street leads north from the crossroads in the heart of the town centre and links with the main ring road round the town. This is a popular and busy secondary thoroughfare and nearby occupiers include Smiths Hotel and the Turret Medical Centre. There is a substantial unmetered and unregulated car park immediately to the rear of the premises.
Kirkintilloch town centre has recently been revamped with a pioneering shared space initiative with cars and pedestrians mixing at the Cross.
Accommodation
Measured in accordance with the 6th Edition of the RICS Code of Measuring Practice, we estimate the property to extend to the following floor areas:
Left hand unit - 98.70 sq m ( 1,062 sq ft)
Right hand unit - 97.40 sq m ( 1,048 sq ft)
Net Internal Area - 196.10 sq m ( 2,111 sq ft)
Terms
Terms - Our clients hold the premises on a full repairing and insuring lease that expires at 21 March 2026. The current passing rent is £XXX per annum
Our clients seek to assign their interest in the whole or may consider a sub-letting of either the whole or the individual units on terms to be agreed.
Subject to status, attractive incentives are available to a suitable assignee.
Legal Expenses - Each party will be responsible for their own legal and professional costs incurred as part of any transaction. The ingoing occupier will also be responsible for Registration Dues and any Land & Buildings Transaction Tax that may be payable.
VAT - All financial figures are quoted here exclusive of VAT which will be charged at the prevailing rate.
Rating - From saa.gov.uk, the premises are entered in the current Valuation Roll as:
Left hand unit: NAV/RV: £XXX
Right hand unit: NAV/RV: £XXX
Planning - The left hand unit is currently Class 1 Retail Use, the right hand unit benefits from a Class 2 (Office and Financial Services) Planning Consent. As such, deemed consent is also available for use of the whole property for Class 1 (Retail) purposes.
We do however believe the property has potential to be operated as a Class 3 (Restaurant) Use. We would recommend interested parties speak directly to East Dunbartonshire Council on 0300 123 4510 to discuss their plans in more detail.
Energy Performance Certificate - G