icons_size_white icons_size

49-51 Port Street, Stirling, FK8 2EW

For sale: £550,000.00|2499 Sq Ft|Retail - High Street, Retail

PROPERTY DETAILS

FOR SALE£550,000.00
SIZE2499 Sq Ft
ADDRESS49-51 Port Street, Stirling, FK8 2EW
TYPERetail - High Street, Retail
TENUREFor Sale Freehold
POSTED ON17th December 2020

DESCRIPTION

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 and Spencers, New Look and the Bank of Scotland. One of the main entrances to The Thistles Shopping Centre is nearly adjacent to the property which adds to the already significant footfall. The Thistles Shopping Centre provides 600,000 sq. ft. of retail accommodation with tenants including Debenhams, H and M, Zara and Next.

The property occupies an extremely prime position on Port Street near the entrance to The Thistles Shopping Centre.

We are instructed to seek offers in excess of £550,000 (Five Hundred and Fifty Thousand Pounds) exclusive of VAT. A purchase as this level would show an attractive net initial yield of 13.89% after allowing for standard purchasers costs of 4.71% including LBTT (Land and Building Transaction Tax). With a reversionary yield of 9.03% in January 2021.
( Agency Pilot Software Ref: 49630 )

LOCATION

Location: 49-51 Port Street, Stirling, FK8 2EW

Stirling (0.2 miles)

Bridge of Allan (3.1 miles)

Dunblane (4.9 miles)

close
What do you think of our website?
Complete our survey and
you could win £1000
Start here