ESTABLISHED GROCERS

Frontage
Business Sale
  • FULLY FITTED AND TRADING
  • BUSY RESIDENTIAL LOCATION
  • RECENTLY REFURBISHED
  • READY FOR IMMEDIATE OCCUPATION
  • QUALIFIES FOR 100% RATES RELIEF
  • GOOD LEVELS OF PARKING
  • LICENSED, CIGARETTES, LOTTERY
  • OFFERS OVER £89,950

LOCATION

Larbert forms a settlement 2.5 miles to the north west of Falkirk Town Centre. Falkirk is a large town in the Central Lowlands of Scotland, historically within the county of Stirlingshire. It lies in the Forth Valley, 23 miles north-west of Edinburgh and 20 miles 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.

The subjects are located on the eastern side of Muirhall Road between its junctions between Lorne Road and King Street.

DESCRIPTION

The subjects comprise a detached single storey retail trading as “U Save.”

The shop is currently trading as an off licensed convenience store selling newspapers, magazines, confectionary, cigarettes, alcohol, paypoint, groceries and lottery. The shop has recently been refurbished and benefits from a modern fit out to include suspended ceiling, welded non slip vinyl floor, air conditioning and cctv system. Various shelving and slat wall has been installed.

Internally, the subjects provide main sales area, rear store, kitchen and w.c. The kitchen area could be used to prepare food for sale to customers.

We have not been provided with formal accounting information but our client has advised us that the shop is turning over between £5,000-£6,000 per week. There is scope to increase turnover and profit by preparing hot and cold food.

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 gross internal area (GIA):

Ground Floor:               56m2/602ft2

PROPOSAL

Offers over £89,950 are invited for the Heritable (freehold) interest to include all fixtures and fittings and goodwill. Stock will be negotiated separately at time of sale.

RATING

The current rateable value is £4,100. Qualifying businesses will be able to benefit from 100% rates exemption subject to application.

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 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 lease or sale of the property.

VAT

Vat will be payable where applicable.

EPC

G

 

PUBLICATION DATE 12/4/2018

Price:Offers over £89,950
Address:19 Muirhall Road
City:Larbert
Postcode:FK5 4RG
Floors:1
Square Feet:602
Parking:On Street
Property Type:Established Business

Location Map