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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Vacant

Vacant Class 1A retail building (formerly a BHS) extending to approximately 20,180 Sq Ft (NIA) and occupying a site area of circa 0.14 acres. PREVIOUSLY SOLD for £4,711,000 in 2004 (As per Legal Pack)

Formerly accessed directly into the main shopping centre, The Thistles. Potential for redevelopment to create a mixed-use or hotel scheme, subject to planning permission.

Due to the central location and superb accessibility, we also anticipate the leisure sector showing interest, specifically gyms and food halls.

Stirling Railway Station is located a short walk from the property and offers direct trains to major business hubs, such as Glasgow, Edinburgh, Dundee and Aberdeen

The property was most recently operated by British Home Stores and is arranged with an open plan sales area at ground floor with further sales areas, restaurant and storage across the upper floors.

The existing property comprises a retail building (Use Class 1) which extends to approximately 20,180 ft2 NIA over 5-storeys. The property was most recently operated by British Home Stores and is arranged with an open plan sales area at ground floor with further sales areas, restaurant and storage across the upper floors. The site has frontages on to the Murray Place in the heart of Stirling Town Centre. The main customer entrance would be off Murray Place, with secondary access and servicing taken through the rear service yard. Should an occupier be interested in securing access directly from this unit into The Thistles, this could be possible by separate negotiation with the centre owner. EXISTING AREA SCHEDULE Area SQ M SQ FT Basement 443.59 4,775 Ground 448.86 4,831 First 465.53 5,011 Second 411.41 4,428 Attic 105.41 1,135 Total 1,874.80 20,180

The building is located in the heart of Stirling City Centre, in a prominent location on Murray Place, a few paces from entrances into The Thistles Shopping Centre. The immediate area comprises a wide range of retail, residential and most recently, student accommodation. There are also extensive cafes, restaurants and hotels available within close proximity of the site. Stirling Railway Station is located a short walk from the property and offers direct trains to major business hubs, such as Glasgow, Edinburgh, Dundee and Aberdeen. The former BHS unit originally connected into the Thistles Shopping Centre, however that section was leased and does not form part of this disposal. The Thistles created three units and access from the centre into the vacant building could therefore again be a possibility in the future, subject to negotiations/consents.

Full Address: 8-14 Murray Place, FULL BUILDING, Stirling, FK8 2DB

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Document Downloads

Legal Pack (Available)

Pricing Information & Bidding

Opening Bid: £289,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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SPECIAL Terms of Sale

  • 10% Deposit
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
  • 4 Weeks Completion or Longer By Agreement
  • Contribution to Sellers Costs £2,750 for on time settlement

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

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Buy Now Price = £330,000

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Auction Details

Date & Time: 09 January 2025, 10am-3pm
Type: Timed Online Auction

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