This is an extremely exciting and rarely available opportunity in a highly sought after trading location.
The subjects are offered in walk in condition and ready to be enhanced by new enthusiastic and motivated business owners.
This opportunity is likely to suit a variety of different trading styles and international cuisines.
The subjects comprise a fully fitted restaurant within the ground floor of a semidetached Victorian property surmounted by a pitched and slated roof, with a flat roof conservatory extension to the side.
Internally the property provides an interconnecting bar and restaurant with seating for 100 covers. The main dining room is contained within a glazed conservatory providing good levels of natural light as well as access doors to the fully licensed outdoor seating area.
The kitchen is fully fitted and benefits from mains gas cooking appliances and stainless steel extraction system, prep area, walk in cold stores and separate dishwash area.
To the rear of the restaurant there are separate male and female w.c’s.
The restaurant is fully furnished throughout, all fixtures and fittings will remain owned by the landlord but are available for use by the ingoing tenant.
Externally the restaurant benefits from a large car park as well as a children’s play area.
The premises benefit from a Premises Licence under the Licensing (Scotland) Act 2005.
Our clients are willing to offer a new 10 year FRI lease with an initial rent of £40,000 per annum. Some incentives may be considered depending on tenant covenant. A rental deposit of £10,000 will be required from any ingoing tenant.
Prospective tenants will be required to provide details of their experience and ability to meet rental payments.
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):
All queries in relation to redevelopment/ reconfiguration of the subjects should be addressed to Stirling Council Planning Department.
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/lease of the property.
The rateable value is £18,700.
All prices, premiums and rents quoted are exclusive of VAT.