The premises comprise the ground floor and 4 upper floors of a 5 storey blonde sandstone building and benefits from an excellent frontage onto Port Street.
My client is redeveloping the premises and will create three well configured units at ground floor. Units 2 & 3 are pre-let to Blacksheep Coffee and Mountain Warehouse.
Location
The premises occupy a prime position on Port Street within the city centre of Stirling. Stirling has a central location within Scotland, approximately 36 miles north west of Edinburgh and 26 miles north east of Glasgow. The city has excellent road connectivity with access to the M9 and M80 both within a 5 mile radius. The city benefits from a resident population of approximately 40,000 people along with a number of prominent tourist attractions and a highly regarded university.
The premises are located on the west side of the pedestrianised Port Street opposite M&S and The Thistles Shopping Centre. Nearby occupiers include M&S, Mountain Warehouse, Greggs, Nationwide and The Works. We have agreed pre-lets on the units next door to Mountain Warehouse and Blacksheep Coffee.
Accommodation
Unit 1 - Ground Floor: 1,022 sqft / 95.0 sqm
Terms
Rent - o/o £27,500pa
Lease - The premises are available on new FRI lease.
Rates - Rateable Value: To be re-assessed.
Planning - We have been verbally advised by the Local Planning Authority that the subjects currently benefit from Class 1A consent and can therefore be used for retail use. Interested parties are advised to speak directly to the Local Planning Authority.
EPC - On application
Legal Costs - Each party to be responsible for their own legal and professional costs incurred in this transaction. For the avoidance of doubt the ingoing tenant will be responsible for Land & Buildings Transaction Tax (LBTT), registration dues and any VAT payable thereon.
Specification
- Prime retail opportunity
- Directly opposite entrance to the Thistle Shopping Centre