Stirling is widely regarded as one of Scotland’s busiest and most popular tourist and business destinations, benefitting from an excellent strategic location within the heart of the country’s Central Belt. The City is located 26 miles north-east of Glasgow and 37 miles north-west of Edinburgh and has a resident population in the region of 46,000, with a wider catchment area of 91,000. The subjects are situated within Castlecraig Business Park, a modern office development of three pavilions, on the east
side of Players Road. The Business Park offers a prominent location on the fringe of Stirling City Centre and is situated adjacent to Stirling Enterprise Park. Other businesses within the park include: French Duncan
Accountants, Denvir Marketing Consultants, Lomond Wealth and Scottish Decorators Federation. Castlecraig Business Park is immediately adjacent to traders such as: Aldi, Lidl, B&M, Baynes and is also within easy walking distance of Stirling City Centre, as well as the mainline railway and bus stations.
twostorey detached modern office pavilion, constructed in 2005. The building is of steel frame and brick wall construction, surmounted by a timber pitched roof, clad with concrete roof tiles. We understand there are six dedicated car parking spaces. Internally, the office suite has been fitted to a high standard and benefits from raised access floors, open plan office space and private meeting rooms, as well as a modern
kitchen area. Male and female communal toilets are located on the ground and first floors. We estimate that the property extends to the following approximate net internal areas:
First Floor: 184.79 sq.m/1,988 sq.ft.
The property is let on a 5-year full repairing and insuring lease to Stirling District Citizens Advice Bureau Ltd. The lease commenced on the 25th October 2021 and runs until 24th October 2026. The current passing rent is £22,500 per annum. There is a tenant only break option in October 2024. This is triggered by giving the landlord not less than six months formal written notice.
Our client’s heritable interest in the subjects is being sold,with the benefit of the occupational lease. Price on application.
According to the Scottish Assessors Association website, the subjects are entered into the Valuation Roll as follows: Rateable Value: £15,600
A closing date for offers may be set and interested parties are therefore advised to register their interest with the joint agents. Our clients reserve the right to sell the property without setting a closing date and, in setting a closing date are not bound to accept the highest or indeed any offer received.
Available on request.
All rents, prices, premiums etc are quoted exclusive of VAT (if