10 Lint Riggs, Falkirk FK1 1DG – FK1
Shop, retail unit for sale
£100,000 487 sq ft
Offers of £100,000 invitedLocationThe subjects are situated on the western side of Lint Riggs, immediately to the north of its junction with Falkirk High Street, lying within the town’s main commercial heart. Lint Riggs comprises a popular, secondary retailing location within Falkirk forming a busy pedestrianised link between the High Street and Newmarket Street. Occupiers on Lint Riggs include Greggs, Miss Forsyth and Ladbrokes.
Falkirk itself comprises a principal town within Central Scotland lying approximately equidistant between Edinburgh and Glasgow within the heart of the central belt. The town forms the main administrative centre for the surrounding Falkirk district and as such provides extensive retail, leisure and local Government facilitiesDescriptionThe subjects comprise retail premises contained within a mid-terraced, three storey building which is of traditional stone construction, contained under a pitched and slated roof.
The retail frontage to Lint Riggs is of an attractive, ornate design incorporating a timber/glazed entrance door together with a timber framed display window which incorporates leaded and stained glass sections.
Internally the subjects provide a main ground floor retail area with the mezzanine floor providing a tattoo studio and toilet facility. The subjects also have the right to utilise additional toilet facilities located within the adjacent tenement close.
We note from the Scottish Assessor’s website that the subjects are entered in the current Valuation Roll at a Rateable Value of £6,400. The Small Business Bonus Relief Scheme which was introduced on 1st April 2008 will remain in force for 2018 – 2019 and, given the Rateable Value of the subjects, eligible parties will benefit from a 100% discount.
The subjects are presently let to Baz Ink Ltd on a five year Full Repairing and Insuring lease from 21/03/2016 at a current passing rental of £10,000 per annum exclusive.
This shop, retail unit for sale is located in FK1.