RETAIL UNIT TO LET – FALKIRK

To Let
  • From £12,000 per annum
  • Property Type:
  • Location:
  • Floors: 2
  • Parking: -
  • Sq Ft: 862
  • LEASE FROM £12,000 PER ANNUM (1st year)
  • INCENTIVES AVAILABLE
  • 862 SQ FT OVER TWO FLOORS
  • PRIME TOWN CENTRE PITCH
  • PROMINENT FRONTAGE
  • GOOD LEVEL OF NEARBY PARKING
  • 100% RATES EXEMPTION (subject to qualification)

LOCATION

Falkirk is a large town in the Central Lowlands of Scotland, historically within the county of Stirlingshire. It lies in the Forth Valley, 23.3 miles (37.5 km) north-west of Edinburgh and 20.5 miles (33.0 km) north-east of Glasgow.

Falkirk has a resident population of 34,570 according to the 2008 census. The population of the town had risen over the past decade, making it the 20th most populous settlement in Scotland. Falkirk is the main town and administrative centre of the Falkirk council area, which has an overall population of 156,800 and inholds the nearby towns of Grangemouth, Bo’ness, Denny, Larbert and Stenhousemuir.

From a local context the property is situated on the southern side of East Bridge Street at its junction with High Street. Parking is available on Callendar Road and East Bridge Street.

DESCRIPTION

The subjects comprise a retail unit formed over the ground and first floor of a mid terraced building of brick construction. The ground floor provides open plan retail space with store and w.c. whist the first floor provides open plan showroom area. There is an additional open plan workshop/store at first floor level with separate access for deliveries. The property was most recently utilised as a bike shop and is suitable for Class 1 retail uses.

FLOOR AREAS

From sizes provided by our client, we understand that the subject property, measured in accordance with the RICS Property Measurement Professional Statement (First Edition, May 2015) incorporating the International Property Measurement Standards and the RICS Code of Measuring Practice to extend to the following approximate net internal area (NIA):

82.42/862ft2

The first floor store provides a further 85m2/889 sq ft of accommodation.

PROPOSAL

Rent from £12,000 per annum year 1 rising to £13,000 per annum year 2 and £14,000 per annum thereafter. A range of incentives are available to prospective tenants which will vary subject to lease duration and covenant strength.

RATING

RV: £14,200

Qualifying businesses will benefit from 100% small business rates relief. Please contact local rating office for further information.

PLANNING

All queries in relation to redevelopment/reconfiguration of the subjects should be addressed to Falkirk Council Planning Department.

CLOSING DATE

A closing date may be set and all interested parties should make a note of interest at the offices of the Sole Agent. We reserve the right to let the property without setting a closing date and we are not obliged to accept the highest or indeed any offer for the lease of the property.

VAT

N/A

EPC

A copy of an EPC is available upon request.

PUBLICATION DATE 04/12/2018

Price:From £12,000 per annum
Address:5/7 East Bridge Street
City:Falkirk
Postcode:FK1 1YD
Floors:2
Square Feet:862
Parking:-
Property Type:Retail Unit
Tagged Features:

Location Map