- Retail unit to let
- High levels of passing footfall and vehicular traffic
- Open-plan retail accommodation
- 35 sq.m. / 908 sq. Ft
- Incoming occupiers may benefit from 100% rates relief
- Rent £13,000 pa
Location
The city of Stirling has a resident population estimated to be in the region of37,000 and a wider Stirling Council area of approximately 100,000. The citybenefits from a busy mainline railway station providing regular connections to allof Scotland-s main cities. Stirling is well positioned in the heart of Scotland andadjacent to the M90 motorway, which links into the M80/M876, providing accessto Glasgow, approximately 27 miles to the southwest and Edinburgh, 36 miles tothe east. The subjects are situated on the western side of Barnton Street, a goodretailing location in Stirling.
Description
The property comprises a mid-terraced retail unit contained within a four-storeybuilding. It has a pitched and slated roof, and the shop benefits from a rearextension set under a timber-framed flat felt roof.
The frontage provides a large fascia board, an aluminium framed and single-glazed display window, and a recessed entry door that provides good frontageonto Barnton Street.
Internally the shop comprises a front sales area and two rear storage/salesareas. There is a staff kitchen/ tea preparation area and WC.
Accommodation
From measurements taken on-site and in accordance with the RICS codeof measuring practice (6th edition), we calculate the Net Internal Area ofthe subjects to extend as follows:
Front sales floor and rear sales/store 84.35 sq.m / 908 sq. ft
Rent
Our client is seeking rental offers of £13,000 per annum: £1,083 percalendar month.
Vat
Unless otherwise stated, all prices, premiums and rentals arequoted exclusive of VAT.
Rating
The subjects are entered in the current Valuation Roll with arateable value of £11,100.
As such, incoming occupiers may benefit from 100% rates reliefvia the small business bonus scheme.
The rate of poundage for 2022/2023 is £0.498 to the pound.
Planning
The subjects were previously used as a desert parlour, and wehave assumed that the subjects will benefit from an unrestrictedClass 1A (shops and financial, professional, and other services)consent, all in terms of the Town and Country Planning (UseClasses) (Scotland) Order 1997.
EPC
Available upon request.
Legal Costs
Each party is to bear their own legal costs relating to thistransaction; however, the in-going tenant will beresponsible for any LBTT, Registration dues and any vatincurred thereon.
Anti-Money Laundering Regulations
The money laundering, terrorist financing and transfer of funds(information on the payer) regulations 2017 came into force onthe 26th June 2017. This now requires us to conduct duediligence not only on our client but also on any purchasers oroccupiers. Once an offer has been accepted, the prospectivepurchaser(s)/occupier(s) will need to provide, as a minimum,proof of identity and residence and proof of funds for thetransaction to proceed.