RETAIL UNIT/RESTAURANT – ALVA

frontage
To Let
  • LEASE FROM £8,500 PER ANNUM
  • INCENTIVES AVAILABLE
  • READY FOR IMMEDIATE OCCUPATION
  • PROMINENT RETAIL PITCH IN ALVA TOWN CENTRE
  • GOOD LEVELS OF PARKING
  • CLASS 3 OR CLASS 1 USE POSSIBLE
  • POTENTIAL FOR 100% RATES RELIEF

LOCATION

Alva is a small town in Clackmannanshire, set in the Central Lowlands of Scotland. It is one of a number of towns situated immediately to the south of the Ochil Hills, collectively referred to as the Hillfoots Villages or simply The Hillfoots. It is located between Tillicoultry and Menstrie. Alva has a resident population in the region of 5,000 people.

The subjects are located on the southern side of Stirling Street between its junctions with Johnstone Street and Brook Street. Stirling Street forms the main arterial road through Alva and as such benefits form high levels of passing trade

DESCRIPTION

The subjects comprise a ground floor mid terraced retail property within a parade of similar shops. The building is of traditional stone construction whilst being surmounted by a pitched roof overlaid in slate.

Internally, the subjects provide open plan retail area, store, kitchen area, and w.c.

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:               107.8m2/1,161ft2

PROPOSAL

Rent from £8,500 per annum. A range of incentives are available to prospective tenants which will vary subject to lease duration and covenant strength

RATING

The Rateable Value of the property is £8,200

Please contact local rating office for further information. The property qualifies for 100% small business rates relief.

PLANNING

Our client has advised us that the property benefits form Class 3 use but it is also suitable for class 1 use. All queries in relation to planning permission and use class of the subjects should be addressed to Clackmannanshire 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 sale or lease of the property.

VAT

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

EPC

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PUBLICATION DATE 30/03/2018

Price:£8,500 p.a.
Address:87 Stirling Street
City:Alva
Postcode:FK12 5ED
Floors:1
Square Feet:1,161
Parking:On Street
Property Type:Retail unit / Restaurant / Class 3

Location Map