Shop / Office unit to rent in Falkirk town centre.

Description

LEASE FOR SALE
SHOP/OFFICE UNIT
5/7 EAST BRIDGE STREET
FALKIRK

Location:

The subjects occupy a good trading location within the pedestrian area
to the east of Falkirk High Street.

The Council has now committed to, and commenced work on the major and important development of the East End of the town. Providing a new Town Hall / Library / Council Hub and 550 seat Falkirk Theatre. This will act as an important and dynamic anchor within the town and has the potential to completely revitalise the town centre, from which, the east end will derive most benefit.

The location also benefits from a good pedestrian flow to the B & M Store to the west.

The location is within the pedestrian area but close to a drop off point allowing convenient customer access.

The town has a resident population of approximately 40,000 persons with a total catchment in the order of 150,000.


Description: Ground Floor. Approx: 430 sq.ft.

The subjects comprise a double fronted ground floor shop unit with timber display frontage.
An ambulant disabled toilet equipped with extractor fan ventilation Low level W.C. & wash basin, situated at the rear of the shop.
Roller security shutters.
Gas central heating
Extractor fan ventilation in shop area.
Slatwall shop fitting.




First Floor. Approx: 582 sq. ft.

Showroom with slatwall shop fitting.
Gas central heating.
Access to rear store and workshop.


Stores and workshop. Approx: 938 sq.ft.

This area is included free of charge and not included in the rental calculation due to the water ingress and general condition of this section. It nonetheless can be useful storage space.
The workshop area is dry and has gas central heating.
There is a rear access to the premises from the stores which lead to a car parking yard to the rear.


Car Parking : There is provision for one car parking space in the yard to the rear of
the premises.


Services: Electricity, gas and mains water supplies are laid onto the premises, drainage is to main sewer.


Floor Area: Including toilet, stairwells, cupboards etc. Approx 2,000 sq. ft. plus.

All measurements are approximate and should be checked by the prospective tenant.


Lease: The property is to be let on a full repairing and insuring lease with three yearly rent reviews.

The rental is £10,000 year 1, £11,000 year 2 and £12,000 year 3.
Paid monthly or quarterly as requested.


Deposit: A deposit equivalent to three month’s rental is required.


V.A.T.: Currently V.A.T. is not chargeable on the rent

Rates : There may be a discount available through the Small Business Bonus Scheme.


Legal Costs: In the usual manner the ingoing tenant will be responsible for the landlords legal costs.


Entry: Upon conclusion of legal formalities.


Viewing: Please contact G.W. Smith Properties.

Ad ID: 1506701934