Prominent Restaurant/Retail/Cafe Opportunity
Stirling is located in the Central Belt of Scotland approximately 36 miles north west of Edinburgh and 26 miles north east of Glasgow. The city has a resident population of approx. 95,000 persons and provides easy access by road and rail to all major cities in the country.
The premises are situated on a highly prominent corner of Murray Place in a busy part of the city centre, located directly outside one of the main entrances to the Thistles Shopping Centre. Nearby retailers include McDonalds, Pizza Express, Specsavers, Game, Ramsdens and Boots.
The subjects benefit from a partially fitted restaurant/retail/cafe capable of accommodating approximately 60 covers suitable for indoor and outdoor dining. Externally, the property has potential for outside seating/decking (plan available on request). Internally, the ground floor comprises an open aspect server, cafe and seating area including a disabled WC. A central staircase connects to the basement level where the kitchen, WC facilities, storage and office space are located.
The premises are arranged over ground and basement levels and comprise the following approximate net internal areas:
Ground Floor: 1,229 sq ft / 114.24 sqm
Basement: 1,040 sq ft / 96.67 sqm
NIA: 2,269 sq ft / 210.91 sqm
The property is available on a new full repairing and insuring lease for a negotiable duration.
Fixed rent of £48,000 pa sought for the premises.
Rateable Value: £49,250
UBR (2021/22): £0.503
Rates Payable: £24,773 pa
The premises benefit from having Class 1 consent and Class 3 Planning Consent. An EPC report is available on request.
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.
ORINSEN, their clients and any joint agents give notice that:
They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.
Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It is assumed that the property has all necessary planning, building regulations or other consents and ORINSEN have not tested any services, equipment or facilities.
Purchasers must satisfy themselves by inspection or otherwise.Unless otherwise stated all prices and rents are quoted exclusive of VAT. Prospective purchasers or lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction.