Restaurant Opportunity in Stirling City centre (ref 1561)

  • Freehold Price: £350,000
  • Leasehold Price: £15,000
Stirling, Scotland
Seller Ref:1561
For Sale

Restaurant Opportunity in Stirling City centre (ref 1561)

Stirling, Scotland
Seller Ref:1561
  • Freehold Price: £350,000
  • Leasehold Price: £15,000

Overview

Seller Ref: 1561

Description

*** ANNUAL RENT REDUCED ***

Fully fitted pizza restaurant. 3,255 ft². Prime trading location. 90 covers – with possibility to increase. Show kitchen with rear preparation area. Would suit a variety of trading styles and cuisines.

LEASEHOLD or FREEHOLD options.

Leasehold premium £15,000. Initial rent will be £28,000 per annum.

Freehold Offers over £350,000.

Stirling is a historic city famed for the site of the nearby Battle of Bannockburn as well as the Wallace Monument. As well as this, Stirling Castle and the Old Town Jail bring numerous visitors and tourists into Stirling every year.

Stirling is also a university city with the campus located to the north of the city centre. Student accommodation is dotted all around central Stirling with a new 150 bed accommodation located directly across the road.

This restaurant opportunity enjoys a prominent trading position on Dumbarton Road close to the Thistle Shopping Centre and the pedestrianised area of Stirling city centre. The premises are located in a well-known trading location, close to other restaurants and licensed offerings. The subjects are also adjacent to Kings Park, one of the nicest residential areas of the town.

The opportunity is likely to appeal to a wide variety of experienced and motivated operators. The layout and capacity is very flexible and certainly would suit a variety of trading styles and international cuisines.

The premises benefit from a Premises Licence.

Leasehold Terms:
Our client will offer a new FRI lease to a prospective tenant. Long term lease length is negotiable. Initial rent will be £28,000 per annum.
Location Details:
This restaurant opportunity enjoys a prominent trading position on Dumbarton Road close to the Thistle Shopping Centre and the pedestrianised area of Stirling city centre.
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
NA

Business Documents

Dumbarton Road Restaurant, Stirling

Listed By:

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