Excellent town centre opportunity. Would suit a bar or restaurant operator. Highly visible trading location in busy town centre circuit. Large unit with premises licence and class 3. Total GIA – 454.58 sq. m. Rateable value - £33,750. Initial rent £45,000. Stepped rent for years 2 & 3. New FRI lease on offer. May sell on a freehold basis. An excellent opportunity.
LEASEHOLD - Nil premium. Rental deposit required.
MAY SELL - Offers invited for freehold.
The subjects are situated in a prominent trading location in the heart of Falkirk town centre. Located on Vicar Street, close to Melville Street car park in the heart of the main town centre area, this highly visible trading location is approximately 150 metres south of the pedestrianised high street as well as being situated a short walk from Falkirk Grahamston train station.
Falkirk is regarded as an important business centre within Central Scotland and lies midway between Glasgow and Edinburgh. It has a resident population of over 33,000.
The town benefits from excellent communication links, with the M9 and M876 both within a five minute drive from the town centre. Falkirk also benefits from two main line railway stations with Falkirk High lying on the main Edinburgh to Glasgow route.
The subjects occupy the ground floor and partial first floor of a handsome 3 storey red sandstone property. Main customer entry is via a door at the front of the property, leading directly into a large bar and restaurant. The premises can accommodate 140 – 160 covers.
The business trades with class 3 consent as well as premises licence.
This is an excellent opportunity to acquire a sizeable site and substantial floor plate in the middle of a very busy town centre. The opportunity would equally suit a bar or restaurant operator. The subjects are well located in a busy town centre circuit close to a wide variety of retail and commercial offerings.
Although the premises are offered on a new lease basis, our client may consider a freehold offer.
