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22 24, Upper Craigs, Stirling, FK8 2DG

For sale: £295,000.00|2,383 Sq Ft|Retail - High Street, Retail

Property details

FOR SALE£295,000.00
SIZE2,383 Sq Ft
ADDRESS22 24, Upper Craigs, Stirling, FK8 2DG
TYPERetail - High Street, Retail
TENUREFor Sale Freehold
POSTED ON13th August 2021

Description

The subjects comprise two retail unit on the ground floor of a single storey building, presumed to be of brick construction. The building was refurbished both internally and externally in 2016.

Stirling is widely regarded as one of the busiest and most popular business and tourist locations in Scotland. The city provides first class road and rail communications and benefits from a strategic location within the Central Belt of Scotland.

Both the M80 and M9 motorways lie within close proximity of Stirling City Centre and, together with mainline railway and bus stations, allows for easy access to all other major business centres throughout the country.

Upper Craigs is an excellent secondary trading location within Stirling City Centre and is within a short walk of the
Thistles Shopping Centre, Wellgreen Car Park and Burghmuir Retail Park, where Waitrose and TK Maxx are
located.

All prices, premiums, rents etc. are quoted exclusive of VAT.

On Application

Attractive Retail Investment

Located in Stirling City Centre

Annual Rental Income of £30,500pa

Offers in Excess of £295,000 Invited



22 Upper Craigs
Let to Mortgage Central (Scotland) Ltd, who have been in occupation since 2010. Mortgage Central are a long established firm of mortgage advisers, who have an excellent reputation within Stirling and the surrounding area.

Mortgage Central's lease expires June 2026 and the current annual rent is £11,000pa.

24 Upper Craigs
Let to the Book Nook, which is an independent bookshop and coffeeshop. The lease commenced in April 2020 and the tenants opened for
business on 14 September 2020.

Despite having opened and traded in the middle of a world-wide pandemic, the Book Nook is proving to be exceptionally popular and the tenants are growing a successful business.

The existing lease expires April 2025 and the current annual rent is £19,500pa. The tenants have a break option at the end of year three, subject to providing six months written notice.

( Agency Pilot Software Ref: 50115 )

Location

marker
Location: 22 24, Upper Craigs, Stirling, FK8 2DG

Stirling (0.3 miles)

Bridge of Allan (3.1 miles)

Dunblane (5.0 miles)

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