DEVELOPMENT OPPORTUNITY FOR SALE – STIRLING – CLOSING DATE SET 30TH OCTOBER 2019

Sold

CLOSING DATE SET WEDNESDAY 30TH OCTOBER 2019 12NOON

• OFFERS OVER £35,000 ARE SOUGHT

• 1,298 SQ FT

• CLOSE PROXIMITY TO TOWN CENTRE

• GOOD LEVEL OF NEARBY PARKING

• SUITABLE FOR RE-DEVELOPMENT

• SUBJECTS LOCATED IN CLOSE PROXIMITY TO BREW DOG AND WETHERSPOONS

LOCATION

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Stirling is a city in central Scotland. Stirling is a centre for local government, higher education, tourism, retail, and industry. The 2011 census recorded the population of the city as 45,750; the wider Stirling council area has a population of about 91,000. The City is reputed to be the third fastest growing area of Scotland in terms of population.

A major new regeneration project on the site of the former port area and the former Ministry of Defence site, adjacent to Stirling Railway Station, is currently underway. Known as Forthside, it has the aim of developing a new waterfront district linked to the railway station via a new pedestrian bridge.

Stirling is well located in central Scotland being almost equidistant between Glasgow, Edinburgh and Perth. The city benefits from good transport links to include a mainline railway, bus depot and easy access onto the Motorway network.

The subjects are located on the northern side of Baker Street between its junctions with Friar Street and Morris Terrace within Stirling City Centre. There is a good level of on street parking nearby.

DESCRIPTION

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The subjects comprise a mid terraced three storey and attic building providing retail unit at ground floor level and former store/office on the first second and attic level. The building is of traditional stone construction surmounted by a pitched and slated roof. We would estimate that the building was constructed in the late 1800’s.

The ground floor of the property comprises a retail unit which was last occupied by a funeral directors. The space provides front shop, office, back shop and w.c.

The first floor, second floor and attic are accessed via a private entrance door in the lane beside the property at ground floor level. The property appears to have been dis-used for a number of decades and is in extremely poor condition. Significant refurbishment would be required prior to making the property suitable for occupation.

FLOOR AREAS

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From sizes taken during our inspection we calculate the subject property, measured in accordance with the RICS Code of Measurement Practice (second edition, January 2018) to extend to the following approximate gross internal area (GIA):

Ground Floor: 36.6m2/394ft2

First Floor:      42m2/452ft2

Second Floor: 42m2/452ft2

Attic:                No access possible

Total:               120.6m2/1,298ft2

PLANNING

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All queries in relation to the use class of the subjects should be addressed to Stirling Council Planning Department.

RATING

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Please contact local rating office for further information.

 PROPOSAL

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Offers over £35,000 are invited for the Heritable (Scottish equivalent of Freehold) interest.

CLOSING DATE

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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 sell or let the property without setting a closing date and we are not obliged to accept the highest or indeed any offer for the sale or lease of the property.

VAT

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All prices, premiums and rents quoted are exclusive of VAT.

PUBLICATION DATE 14/10/2019

Price:Offers over £35,000
Address:4-6 Baker Street
City:Stirling
Postcode:FK8 1BJ
Floors:3
Square Feet:1,298
Property Type:Development Opportunity
Lot size:1,298 sqft

Location Map