Britton Property.
For Sale
22-40 Port Street / 2-12 Dumbarton Road, Stirling FK8 2LF
Prime Development Opportunity – Upper Floors
Potential for alternative use subject to planning
Potential student accommodation / hotel / residential / leisure
Price: On application
Viewing strictly by appointment with BRITTON PROPERTY
Andrew Britton
T. 07990 505 421
E. andrew@brittonproperty.co.uk
The premises occupy a prime position on Port Street within the city centre of Stirling. Stirling has a central location within Scotland, approximately 36 miles north west of Edinburgh and 26 miles north east of Glasgow. The city has excellent road connectivity with access to the M9 and M80 both within a 5 mile radius. The city benefits from a resident population of approximately 40,000 people along with a number of prominent tourist attractions and a highly regarded university.
The premises are located on the west side of the pedestrianised Port Street opposite M&S and The Thistles Shopping Centre. Nearby occupiers include M&S, Mountain Warehouse, Greggs, Nationwide and The Works.
The subjects comprise a five-storey building arranged over part ground, first, second, third and fourth floors. This description relates solely to the upper floors, which are currently utilised as a mix of office and storage space. The upper floors are well-configured, benefit from good natural light and are in sound condition throughout. The building enjoys prominent frontage onto Port Street and provides efficient vertical circulation. Servicing access is available to the rear via Dumbarton Road.
The upper floors offer significant potential for alternative uses including student accommodation, residential, hospitality, or leisure (subject to securing the necessary planning permissions). Given the current layout of the property, there is potential to extend the fourth floor to create additional floor space and accommodate more rooms, as illustrated in the potential schemes overleaf.
KEY FEATURES
Floors 1 to 4: Office and Storage Use
Prominent Port Street Frontage
Rear Servicing Access via Dumbarton Road
Suitable for Sub-Division
Floor Plans Available on Request
First Floor 16,092 sqft / 1,495 sqm
Second Floor 15,963 sqft / 1,483 sqm
Third Floor 11,786 sqft / 1,095 sqm
Fourth Floor 1,130 sqft / 105 sqm
On application.
Rateable Value: To be re-assessed
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. We have provided potential schemes for re-development, however it is incumbent on any purchased to carry out their own due diligence.
On application
Each party to be responsible for their own legal and professional costs incurred in this transaction. For the avoidance of doubt the ingoing tenant will be responsible for Land & Buildings Transaction Tax (LBTT), registration dues and any VAT payable thereon.
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