The town of Falkirk is situated in central Scotland approximately 23 miles north-west of Edinburgh and 20 miles north-east of Glasgow. It enjoys excellent connectivity due to its close proximity to both the M9 and M80 central Scotland motorway network whilst the train station provides regular rail services.
Kirk Wynd is centrally located in the Town Centre and is a busy thoroughfare connecting many streets including the High Street both for pedestrians and vehicles usage. The subjects sit on the prominent corner location at the junctions of Kirk Wynd and Manor Street.
Other occupiers in close proximity include Costa Coffee, William Hill, and Burtons, a beauty salon, cafes as well as bars and restaurants.
On entering town follow the A904 into the Town Centre, passing Callendar Square shopping mall on the left hand side before turning left into Kerse Lane and left again into Kirk Wynd.
The property occupies the prominent corner site of a ground floor and basement terraced retail unit (Class 3) in a parade of similar styled properties. The unit comprises the corner site of a four story traditional built property with four display window to the front of the property both on Kirk Wynd and Manor Street. Internally there are high ceilings, timber flooring and is presently laid out for circa 24 covers.
The present occupier trades as a caf?/ takeaway which benefits from a loyal following from the mainly office and retail workers and passing trade from the surrounding area. The present tenants have created a bespoke interior to suit their requirements which offers a tastefully presented sales floor with a well fitted and efficient kitchen facility on the basement level. The unit is in walk-in condition.
Our client is seeking a rent of £20,000 per annum on a 5 year full, repairing and insuring lease basis.
Our client is seeking a premium of £10,000 for the goodwill of the business.
According to our recent measurement survey the premises contain the following approximate net internal area:
Ground Floor 52.30 sq.m. (563 sq.ft.)
Basement floor 104.99 sq.m. (1130 sq.ft.)
According to the Scottish Assessor?s website (www.saa.gov.uk) the subjects have a Rateable Value of £20,500. The uniform business rate for the current year is £0.484 pence in the pound.
Occupiers may be eligible for rates relief through the small business bonus scheme if the combined Rateable Value of all their business premises in Scotland is £35,000 or less.
The property is served by mains electricity and water.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate rating is available on request.
A copy of the recommendation report is available on request.
VIEWING AND FURTHER INFORMATION
By appointment through the sole letting agent, IME Property Ltd.
Each party shall bear their own legal costs
Upon completion of a formal missive under Scots Law.