Port Street, Stirling, Stirlingshire, FK8

City Centre Location
Leisure / Student / Residential Potential
Substantial Concrete Development
Potential For 107 S/T Units
Price: o/o £800,000

Location

The premises are located on the west side of the pedestrianised Port Street opposite Marks & Spencer and The Thistles Shopping Centre.

The Thistles is the established prime fashion pitch in town and contains occupiers such as Zara, Next, H&M, Primark, Greggs & Nationwide

Stirling is located in the heart of central Scotland approximately 36 miles north west of Edinburgh and 26 miles north east of Glasgow. The city benefits from a resident population of approximately 40,000 people along with a number of prominent tourist attractions and a highly regarded university.

Property

The property is arranged over 4 floors with the ground and first floors comprising well configured retail accommodation and the second and third floors currently used as offices and storage.

The property has good vertical circulation and an excellent frontage to Port Street. There is good servicing to the rear of the property off Dumbarton Road.

Availability

The upper floors are available in their own right with access available from Port street and Dumbarton Road, lending themselves perfectly to residential / student accommodation / hotel use with plans created showing potential for up to 107 rooms with a floor area extending to approx 48,000sq ft

Area

1st Floor: 1,495sqm (16,092sq ft)

2nd Floor: 1,483sqm (15,968sq ft)

3rd Floor: 1,095sqm (11,791sq ft)

4th Floor: 411.5sqm (4,429sq ft)

Total: 4,484.5sqm (48,271sq ft)

Sale

The upper floors are available on a freehold basis for o/o £800,000

V.A.T.

The transaction will attract V.A.T.

EPC

Available on request

Viewing

By appointment only, alternatively virtual viewings can be booked.

Legal

Each party shall bear their own legal costs incurred in the transaction

Anti Money Laundering

TSA Property Consultants are regulated by HMRC in its compliance with the UK Money Laundering under the 5th Directive of the Money Laundering Regulations, effective from 10th January 2020, the agents are required to undertake due diligence on interested parties.