Retail/Shop for sale Stirling FK8 1DQ,1503sq ft

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Retail/Shop

Retail/Shop For Sale Stirling

PROPERTY ID: 115874

PROPERTY TYPE

Retail/Shop

STATUS

Available

SIZE

1,503 sq.ft

Key Features

Retail premises located in the heart of Stirling City Centre

Single tenant - Specsavers UK Limited

Tenant has the right to renew at lease expiry

Passing rent - £29,000 per annum

Offers over £250,000 reflecting a NIY of 11.37%

Specsavers have chosen not to exercise their break option highlighting their commitment to the location.

Property Details

Stirling is a recognised tourist and business destination, benefitting from an excellent strategic location within the heart of the country's Central Belt. The city lies approximately 38 miles North west of Edinburgh and 27 miles North East of Glasgow benefitting from great transport links via the M9 and M80 Motorways, together with mainline railway and bus links. Stirling has a resident population in excess of 37,500 persons, but also embracing a wider catchment population of approximately 95,000. The subjects are situated within the heart of Stirling City Centre, diagonally opposite one of the main entrances to the Thistles Shopping Centre. The immediate area offers a mix of national and local retailers, cafes/restaurants, etc, as well as residential on upper floors. Nearby traders include, McDonalds, Bob & Berts, German Donner Kebab, Cancer Research, Barclays and RBS. Specsavers are long standing tenant having been in occupation for more than a decade

23 Murray Place Comprises A Retail Unit On The Ground Floor Of A 3 Storey And Attic Traditional Tenement Block Of Stone Construction Under A Pitched Roof, Clad With Slates. The Property Benefits From Excellent Frontage Onto Murray Place, With Full Height Glazed Display Windows And Recessed Entrance Door. Internally The Property Is Attractively Fitted Out To A Typical Specsavers Specification. It Should Be Noted That The Tenant Also Occupies Space On The First Floor Of The Building On A Co-terminus Lease, Which Is Under Separate Ownership And Does Not Form Part Of The Sale.

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About the Agent

Graham & Sibbald- Edinburgh

See Agent's Other Properties

Retail Unit

£250,000 Freehold

Murray Place, Stirling, FK8 1DQ

Retail/Shop - Available
1,503 sq ft
140 sqm

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