Alva is a small town situated in Clackmannanshire located between Tillicoultry and Menstrie, and has a resident population of circa 5,000 persons. Nearby traders include Alva Hardware Store, Alva Fishmongers, Baynes Bakery and Higglety Pigglety Gift Shop.
The property comprises the ground floor within a 2 storey building of traditional stone construction with a pitched and slated roof. The upper floor is currently given over to residential.
From our measured inspection we would confirm the unit extends to the following areas and dimensions:
Gross Frontage: 20’ 4” (6.19 m)
Net Frontage: 18’ 4” (5.586 m)
NIA: 451 ft² (41.89 m²)
The property is offered to the market on the basis of a new full repairing and insuring lease for a period to be agreed incorporating regular upward only rent reviews. Rental offers in excess of £7,000 per annum are sought.
The property has an EPC rating of ‘G’.
Further details can be provided upon request.
Early entry can be provided.
The property previously traded as a Bookmakers for a number of years, and accordingly we understand benefits from Class 2 consent. Interested parties should make their own enquiries with the Local Planning Authority.
The property is entered in the Valuation Roll as follows:-
Rateable Value (‘20/’21): £4,300
Qualifying parties may benefit from 100% rates relief under the Small Business Bonus Scheme given the level of Rateable Value.
All terms are quoted net of VAT.
Each party to be responsible for their own legal costs. The ingoing tenant will be responsible for LBTT, registration dues and VAT incurred thereon.
To comply with Money Laundering Regulations we are legally required to undertake due diligence on prospective purchasers/tenants which will at a minimum include proof of identity/address and funding. Applicable documentation will therefore be required on agreement of Heads of Terms.
Strictly through this office.
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