ESTABLISHED CAFÉ FOR SALE – STIRLING

For Sale
  • Offers over £149,500 (leasehold)
  • Property Type:
  • Location:
  • Sq Ft: 2,018

• HIGHLY PROFITABLE BUSINESS IN PRIME CITY CENTRE LOCATION

• FULLY EQUIPPED

• 62 COVERS PLUS ADDITIONAL EXTERNAL SEATING

• LEASEHOLD SALE

• 2,018 SQ FT

• OFFERS OVER £149,500 (LEASEHOLD INTEREST)

LOCATION

Stirling is a city in central Scotland. The market town, surrounded by rich farmland, grew up connecting the royal citadel, the medieval old town with its merchants and tradesmen, the bridge and the port. Located on the River Forth, Stirling is the administrative centre for the Stirling council area, and is traditionally the county town of Stirlingshire. In 2002, as part of Queen Elizabeth II’s Golden Jubilee, Stirling was granted city status. Its Castle and Old Town meet the cutting-edge culture of a contemporary University city.

Stirling is well located in central Scotland being almost equidistant between Glasgow, Edinburgh and Perth. The city benefits from good transport links to include a mainline railway, bus depot and easy access onto the Motorway network.

The subjects are located on the North Eastern side of Murray Place between its junction with King Street and Station Road.

DESCRIPTION

The subjects form the ground and basement floor of a traditional end terraced three storey property of stone construction. The shop provides large doubled fronted display window with external canopies.

The café provides seating area incorporating a mixture of inbuilt booths, bench seating and traditional table and chairs. The floor is overlaid in a laminate covering whilst the walls are plastered and painted. Air conditioning has been installed. The front serving area provides serving counter with refrigeration units, coffee machine and stainless-steel basins. The floor is overlaid in a welded non slip vinyl covering. A disabled w.c is formed on the ground floor.

The basement area provides fully equipped kitchen with various storage rooms, managers office, customer w.c facilities and staff room.

THE BUSINESS 

The business has been run by the same owners for approximately 6 years and trades as “Our Place.” The establishment forms a popular café within Stirling City Centre.

The business is for sale due to the current owners wish to retire from the industry. The business is currently performing very well but we believe that there is good scope to increase turnover and profit margins.

Currently, the business opens 7 days per week from 7am to 5pm.

The fit out is to a high and modern standard and is ready for immediate occupation.

We are happy to discuss the accounting information with seriously interested parties.

FLOOR AREAS

From sizes taken from our inspection, we understand that the subject property measured in accordance with the RICS Property Measurement Professional Statement (First Edition, May 2015) incorporating the International Property Measurement Standards and the RICS Code of Measuring Practice to extend to the following approximate gross internal area (GIA):

Ground Floor (Café):        104.5m2/1,125ft2
Basement Floor:                83m2/893 ft2

Total:                                    187.5m2/2,018 ft2

PROPOSAL

Offers over £149,5000 are sought for the leasehold interest and will include all inventory, trade fixtures and fittings and goodwill.

CLOSING DATE

A closing date may be set and all interested parties should make a note of interest at the offices of the Sole Agent.  We reserve the right to let the property without setting a closing date and we are not obliged to accept the highest or indeed any offer for the lease of the property.

VAT

Vat will be payable where applicable.

RATING

The Rateable Value of the property is £49,250.
Please contact the local rating office for further information.

EPC

G – A copy of an EPC is available upon request

 

PUBLICATION DATE 16/04/2019

Price:Offers over £149,500 (leasehold)
Address:Our Place, 36-40 Murray Place
City:Stirling
Postcode:FK8 2DD
Square Feet:2,018
Property Type:Established Café

Location Map