Well Established Optician in Town Centre Location. 164.3sqm (1,768sq ft) Ground & 1st Floor. Ready Let Investment with Passing Rent: £21,000p.a. Lease Expiry 8th March 2033. 20/20 Optician’s
The property comprises a mid terraced ground floor retail and upper floors as part of a larger mixed use development of traditional sandstone construction surmounted by a pitched roof
Tenant: Duncan & Todd t/a “20/20 Optician Ear & Eye Care” Passing Rent: £21,000p.a Term: January 2018 - 8th March 2033 Rent Review: March 2023 Tenant Break: March 2028
he property extends to the following internal area; Ground: 110.7sqm (1,191sq ft) 1st: 53.6sqm (577sq ft) Total: 164.3sqm (1,768sq ft)
The property comprises a mid terraced ground floor retail and upper floors as part of a larger mixed use development of traditional sandstone construction surmounted by a pitched roof The retail space benefits from a single frontage of aluminium framed and glazed construction. Internally the property is open plan in layout with partitions erected to the rear to form consultation room with single staircase leading to the upper floors offering ancillary storage, staff room, office and w.c facilities. The property is held on a lease with tenant liable for service charge on the following terms; Tenant: Duncan & Todd t/a “20/20 Optician Ear & Eye Care” Area: 108.9sqm (1,172sq ft) Passing Rent: £21,000p.a Term: January 2018 - 8th March 2033 Rent Review: March 2023 Tenant Break: March 2028 The property extends to the following internal area; Ground: 110.7sqm (1,191sq ft) 1st: 53.6sqm (577sq ft) Total: 164.3sqm (1,768sq ft)
The property sits on a prominent position on the south side of King Street at it’s junction with Murray Place and Port Street in Stirling city centre. The City of Stirling is an affluent and historic city located at the heart of Scotland’s motorway network and is the main administrative and financial centre for the Stirling Council area. The city is located approximately 30 miles North West of Edinburgh and 25 miles North East of Glasgow, and benefits from major tourist attractions including Stirling Castle and The National Wallace Monument. Stirling has a population in excess of 93,750 people (Stirling Council, 2016), with c. 55% of Scotland’s population estimated to live within an hour’s drive and approximately 80% within a two hour drive. The city’s population is projected to increase by 16.3% to 105,860 people by 2037, significantly ahead of the projected increase for Scotland over the same period. The University of Stirling is one of the city’s largest employers, with 14,000 students and over 1,500 staff. Neighbouring occupiers include Thistles Shopping Centre, Timpsons, Cafe Nero, HSBC, Slater Menswear.
Full Address: 9 King Street, Stirling, FK8 1DN
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