OFFICE INVESTMENT FOR SALE – DUNBLANE

For Sale
  • OFFERS OVER £350,000
  • 4,594FT²
  • GOOD REVERSIONARY POTENTIAL
  • GOOD ACCESS TO MOTORWAY NETWORKS
  • GROSS INITIAL YIELD 11.6%
  • FREE OFF STREET PARKING

LOCATION

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Dunblane is a town in the council area of Stirling in central Scotland. It is a commuter town, with many residents making use of good transport links to much of the Central Belt, including Glasgow and Edinburgh.

The town is served by Dunblane railway station, which has regular services to Stirling, Perth, Glasgow and Edinburgh. It is also a stop on the Caledonian Sleeper from Inverness, and several other long distance trains to Aberdeen, Dundee, Inverness, and even London. Dunblane is the northernmost station of Network Rail’s Edinburgh to Glasgow Improvement Program, which includes electrification.

Dunblane is the point at which the M9 motorway ends and joins the A9 dual carriageway north towards Perth.

The subjects are located on the southern side of Anderson Street between its junctions with Atholl Place and Anderson Court.

DESCRIPTION

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RFL House is a detached two storey office building of brick construction surmounted by a flat roof with mansard hung concrete tile sides. Access is provided through the main entrance hall which offers a small waiting room and separate male and female w.c’s.

Each floor offers several individually let office suites.

LEASE DETAILS

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Unit Price per annum
1 £1,800 p.a. (currently on 50% reduction should be £3,600 p.a.)
2 £3,948 p.a.
3 £3,600 p.a.
4 & 5 £9,780 p.a.
6 £3,600 p.a.
7 £7,200 p.a.
8 £12,000 p.a. (currently vacant)
9 £3,000 p.a.
10 £1,800 p.a.
11 & 12 £6,000 p.a.
Store £3,600 p.a. (Starting August)
Current Rental Income – £40,728 p.a. Potential Rental Income – £58,128 p.a.

PROPOSAL

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Offers over £350,000 are invited for the Heritable interest.

FLOOR AREAS

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From sizes provided by our client we understand the floor sizes to be as follows:

426.79m²/4,594ft²

PLANNING

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All queries in relation to redevelopment/reconfiguration of the subjects should be addressed to Stirling Council Planning Department.

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

RATING 

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Each unit benefits from being under the rateable threshold.

EPC

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A copy of the EPC will be available upon request.

VAT 

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

PUBLICATION DATE 27/06/2022

Price:Offers over £350,000
Address:RFL House, Anderson Street
City:Dunblane
Postcode:FK15 9AJ
Floors:2
Square Feet:4,594
Parking:Yes
Property Type:Office Investment
Tagged Features:

Location Map