Page 29 - Shepherd Commercial Auctions - August 2024

Lot 25
7 Upper Craigs, Stirling, Stirlingshire FK8 2DQ
Retail Premises
Features
• NIA 65.49 sq. m. (705 sq. ft.)
• Prominent city centre location
• May suit alternative uses subject to planning
• High levels of passing traffic
Description
The subjects comprise a ground floor retail premises which forms part of a larger three-
storey building. The subjects benefit from a large glazed double frontage, looking onto
Upper Craigs.
Accommodation
Internally the subjects are arranged with an open plan retail space to the front of the
property, with a rear storage facility, W/C facilities, and tea prep area.
Location
Stirling has a resident population in the region of 45,000, whilst the wider Stirling Council
area has a population of 90,000. Stirling is located in the heart of Scotland and adjacent
to the M9 motorway, which links it to Glasgow and Edinburgh. Stirling has a busy
mainline railway station providing regular connections to all of Scotland’s main cities. The
subjects are situated in a prominent position on the southwest side of Upper Craigs.
Upper Craigs is a popular secondary retailing thoroughfare located close to the Thistle
Shopping Centre and will also receive benefits as a result of the Upper Craigs Project.
The Upper Craigs Project aims to enhance public spaces in Stirling, by improving
pedestrian areas, lighting, and accessibility features. This revitalisation effort is expected
to positively impact commercial properties in the area by creating a more attractive and
accessible environment, potentially increasing foot traffic and business opportunities.
Planning
We understand that the property has planning consent for its existing use. The property
may suit alternative uses subject to obtaining all necessary planning consents.
Rateable Value
The property has a rateable value of £14,900.
Energy Performance Rating To be confirmed.
Auction Type
Unconditional Sale - The buyers fee is 2.4% inc VAT(2% plus VAT) subject
to a minimum of £2,400 inc VAT(£2,000 plus VAT).
*Guide Price £95,000 (plus fees if applicable)
* Please see Buyer’s Terms for definition of guide price
and auction fees
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