The subjects comprise restaurant premises extending over ground and first floors forming part of a two storey terrace.
The business recently ceased trading, however, remains fitted and equipped, capable of re opening for trade with limited investment.
The ground floor provides restaurant seating for circa 20 covers with a servery to part. A food lift located at the ground floor servery, connected to the first floor kitchen above. There is further seating at first floor level for circa 34 covers.
The restaurant occupies a prominent corner position at the junctions of the A803, one of towns’ principle arterial routes, Manor Street and Bank Street.
The location is on the periphery of the principle town centre, approximately 100m to the north of the High Street.
Falkirk is regarded as an important business centre within Central Scotland and lies midway between Glasgow and Edinburgh. The town forms the main administrative centre for the surrounding district and provides excellent retail, leisure and local government facilities. It has a
resident population of over 33,000 persons.
The subjects are offered on the basis of a new lease agreement, the terms of which are open to negotiation. The proposed rental is £32,000 plus VAT per annum and a regular review provision
will be incorporated. Premium offers in the region of £25,000 are sought for the inventory.
Any new tenant(s) must be demonstrably capable of fulfilling their obligations under the lease
agreement and references will be requested without exception. A rental deposit of 3 months rent is required.
Viewings by appointment with the sole selling agent.
Each party will be responsible for their own legal costs.
VAT is payable on the purchase price and annual rental.
Well presented town centre licensed restaurant premises which are offered for outright sale or on a new lease agreement. The restaurant provides 54 covers and is capable of re-opening with limited investment.
Please read carefully
1. These particulars are intended as guide only. Their accuracy is not warranted or guaranteed. Intending Purchasers/Tenants should not rely on these particulars but satisfy themselves by inspection of the property. Photographs only show parts of the property which may have changed since they were taken. 2. Graham & Sibbald have no authority to give any representation other than these particulars in relation to this property. Intending Purchasers/Tenants take the property as they find it. 3. Graham & Sibbald are not authorised to enter into contracts relating to this property. These particulars are not intended to nor shall they form part of any legally enforceable contract and any contract shall only be entered into by way of an exchange of correspondence between our client's Solicitors and Solicitors acting for the Purchaser/Tenants. 4. All plans based upon Ordnance Survey maps are reproduced with the sanction of Controller of HM
Stationery. 5. A list of Partners can be obtained from any of our offices.