TO LET - HIGHLY PROMINENT NEW RETAIL DEVELOPMENT PLAN CONSNING GRAN ENT TED 52-58 GRAHAMS ROAD UNITS AVAILABLE UP TO 8,000 SQ FT
COURT 36 CAR PARKING SPACES TO LET UNIT 2 270.2 SQ.M (2,909 SQ.FT) GALLOWAY STREET TO LET UNIT 1 473.4 SQ.M (5,095 SQ.FT) GRAHAMS ROAD GEORGE STREET
LOCATION Falkirk lies at the very heart of central Scotland and is one of the country s main areas of growth. The population of the Falkirk area (currently 145,270 people) is rising rapidly with 14,000 additional dwellings planned by 2020. Falkirk is a thriving shopping and service centre and its position at the heart of the Scottish motorway network allows the town to draw from a significant catchment, as over 3.2 million people live within an hour s drive. The subject site is located in a highly prominent position on Grahams Road, one of the town s main arterial routes leading to and from the Town Centre, which is approximately 0.5 mile to the north. The site sits opposite Falkirk Central Retail Park where occupiers include Tesco, Next, Sports Direct, Currys, Comet, Homebase, Cineworld and a Bannatynes Health & Fitness Club. DESCRIPTION The subject site extends to approximately 0.5 acres. Detailed planning consent has been granted for a retail development extending to approximately 8,000 sq ft in total, with 36 car parking spaces as shown on the Site Plan. The developed unit can be configured to provide a variety of unit sizes. In addition, our client will consider making alterations to the design to suit occupier requirements, subject to planning consent being granted if required. OPPORTUNITIES/TIMESCALES Expressions of interest are sought from parties on a prelet basis. It is our clients intention to develop the unit once a suitable number of pre-lets have been agreed. Further information can be provided on request. RENT On application. RATES The units will require to be assessed for rating purposes. LEASE TERMS The units are available on the basis of new full repairing and insuring leases for a minimum period of 10 years, subject to 5 yearly upward only rent reviews. VAT The property is elected for VAT therefore VAT will be payable on the sale price. LEGAL COSTS Each party will be responsible for their own legal costs incurred in connection with this transaction. The ingoing tenant will be responsible for stamp duty, land tax and any VAT incurred thereon. FURTHER INFORMATION Coates & Co 37 ONE 37 George Street EDINBURGH EH2 2HN Mark Dawson mark@coatesandco.net DD: 0131 225 6001 Cushman & Wakefield 66 Hanover Street EDINBURGH EH2 1EL Isla Monteith isla.monteith@eur.cushwake.com DD: 0131 226 8740 Disclaimer: AD Coates & Co and Cushman & Wakefield for themselves and for vendors or lessors of this property whose agents they are, give notice that: (1) The particulars are produced in good faith, are set out as a general guide only and do not constitute any part of a contract. (2) No person in the employment of the agent(s) has any authority to make or give any representation or warranty whatever in relation to this property. (3) This property is offered subject to contract and, unless otherwise stated, all rents are quoted exclusive of VAT. (4) Nothing in these particulars should be deemed to be a statement that the property is in good condition or that any services or facilities are in working order. (5) Unless otherwise stated, no investigations have been made regarding pollution or potential land, air or water contamination. Interested parties are advised to carry out their own investigations if required. Date of publication: November 2011
52-58 GRAHAMS ROAD
52-58 GRAHAMS ROAD