Leisure for sale

104 -108 Manor Street Falkirk FK1 1NU

Well presented licensed restaurant premises

54 covers over ground & first floors

Excellent opportunity for owner occupier

New lease agreement – negotiable terms

Outright sale – offers invited

104-108 Manor Street, Falkirk FK1 1NU

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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.
Local authority: Falkirk Council

Units & floor plans

Floor Size
Ground Floor
874 GIA
81.2 GIA
First Floor
874 GIA
81.2 GIA
Totals
1,748
162.39

* All sizes GIA

Find out more information about this building's development and technical spec.

Find out more

Transportation

The property is prominently located on one of the main road routes through the town centre.

Airports

Edinburgh 16.2m, Glasgow 26.7m

National rail

Falkirk Grahamston 0.2m, Falkirk High 0.7m, Camelon 1.4m

Amenities

The property is occupied within the town centre, close to all local amenities.

Offers

Offers over £300,000 plus VAT are sought for the freehold property to include the fixtures & fittings.

Further information

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Lease overview

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

Viewings by appointment with the sole selling agent.

Legal costs

Each party will be responsible for their own legal costs.

VAT

VAT is payable on the purchase price and annual rental.

EPC
Certificate Available on request
Category G

Property marketed by:

Graham + Sibbald
Suzanne Lawrie
Graham + Sibbald
Peter Seymour
Quote reference: EDI-2019\08\0333

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.

£300,000 (offers in excess of)

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.