DESCRIPTION
The subjects are offered in a very well presented walk in condition. At present the subjects are laid out to include:
90 covers (there is an opportunity to increase the capacity)
Open plan show kitchen
Ladies, gents and disabled toilet facilities
Rear preparation area with walk in chiller
Storage and staff areas throughout the property
OPPORTUNITY
We are offering a high quality, fully licensed restaurant in a well-known trading location in a busy city centre. The opportunity is likely to appeal to a wide variety of experienced and motivated operators.
The layout and capacity is very flexible and certainly would suit a different variety of trading styles and international cuisines.
LICENCE
The premises benefit from a Premises Licence under the Licensing (Scotland) Act 2005.
PROPOSAL
Our client will offer a new FRI lease to a prospective tenant. Long term lease length is negotiable.
Initial rent will be £28,000 per annum. £15,000 key money/premium is also sought. A rental deposit will also be required.
Prospective tenants will be expected to demonstrate their experience and ability to pay the rent/fund any refurbishment. Prospective tenants will also be asked to prepare a landlord pack.
Offers over £350,000 are invited for the Heritable interest.
FLOOR AREAS
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):
302.4m²/3,255ft²
PLANNING
All queries in relation to redevelopment/ reconfiguration of the subjects should be addressed to Stirling 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 Joint Agents. 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/lease of the property.
RATING
Rateable value £22,750.
EPC
G.
VAT
All prices, premiums and rents quoted are exclusive of VAT.