Location | Stirling, Scotland |
Price | £550,000 (subject to contract and exclusive of VAT) |
Gross Yield | ~9% |
Shop size | ~2,500+ square feet |
Shop address | Port Street Stirling, FK8 2EW (Scotland) |
Rental income | ~£ 52,000 per annum |
Tenure | Heritable Interest (Scottish Equivalent of Freehold) |
Tenant details | Please PM us for more details |
Expiry of tenancy | 2030 (Current tenant in occupation since 1993) |
VAT | The property is elected for VAT purposes and it is anticipated that the sale will be completed by way of a Transfer of Going Concern (TOGC). |
EPC | TBC |
Specifics of the location and shop | Stirling is a city in central Scotland, located approximately 30 miles north west of Edinburgh and 25 miles north east of Glasgow. |
Retailing in Stirling is focused around the dominant Thistles Shopping Centre and along Port Street and Murray Place. | |
The subject property occupies a prominent position on the east side of Port Street, one of the key retailing throughfares in Stirling. Nearby occupiers include Marks & Spencers, New Look and the Bank of Scotland. |