55 Main Street Callander Stirlingshire FK17 8DY

  • 55 Main Street<br>Callander<br>Stirlingshire<br>FK17 8DY

55 Main Street
Callander
Stirlingshire
FK17 8DY

Heritable Bank and Office Investment

  • Majority let to The Royal Bank of Scotland plc until 2027 (No breaks)
  • Rent reviewed to the higher of Open Market Rental Value or a fixed rental increase of 3.75% in 2021
  • Royal Bank of Scotland option to extend lease for a further 20 years
  • Upper floors let to solicitors
  • Gateway to Scottish Highlands and The Trossachs National Park
  • VAT-free investment
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    32
  • Auction
    21st May 2015
  • Rent
    £18,395 per Annum Exclusive
  • Status
    Sold
  • Price
    £270,000
  • Sector
    Bank
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
Important Update
  • Expand
  • Photos
  • Map

Heritable Bank and Office Investment

  • Majority let to The Royal Bank of Scotland plc until 2027 (No breaks)
  • Rent reviewed to the higher of Open Market Rental Value or a fixed rental increase of 3.75% in 2021
  • Royal Bank of Scotland option to extend lease for a further 20 years
  • Upper floors let to solicitors
  • Gateway to Scottish Highlands and The Trossachs National Park
  • VAT-free investment
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 32
  • Auction 21st May 2015
  • Rent £18,395 per Annum Exclusive
  • Status Sold
  • Price £270,000
  • Sector
    Bank
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
15 miles north-west of Stirling, 34 miles north of Glasgow
Roads
A84, A811, M9 (Junction 10)
Air
Glasgow International Airport
Situation

Callander is an attractive holiday town situated on a popular route to the Scottish Highlands and benefits from a significant flow of tourist traffic. The property is prominently situated on the north side of Main Street close to Ancaster Square. Nearby occupiers include Edinburgh Woollen Mill, Greggs and a number of independent retailers.

Tenure

Heritable. (Scottish Equivalent of English Freehold).

Location
Miles
15 miles north-west of Stirling, 34 miles north of Glasgow
Roads
A84, A811, M9 (Junction 10)
Air
Glasgow International Airport
Situation

Callander is an attractive holiday town situated on a popular route to the Scottish Highlands and benefits from a significant flow of tourist traffic. The property is prominently situated on the north side of Main Street close to Ancaster Square. Nearby occupiers include Edinburgh Woollen Mill, Greggs and a number of independent retailers.

Tenure

Heritable. (Scottish Equivalent of English Freehold).

Description

The property comprises a ground floor banking hall with self-contained office and ancillary accommodation on the first and attic floors, accessed from Main Street.

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is not applicable to this lot.

Viewings

There will be a single block viewing for this property. All interested parties must register their details with the Auctioneers prior to the viewing date and provide identification on site. Please contact Mhairi Jarvis. Email: mhairi.jarvis@acuitus.co.uk

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a ground floor banking hall with self-contained office and ancillary accommodation on the first and attic floors, accessed from Main Street.

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is not applicable to this lot.

Viewings

There will be a single block viewing for this property. All interested parties must register their details with the Auctioneers prior to the viewing date and provide identification on site. Please contact Mhairi Jarvis. Email: mhairi.jarvis@acuitus.co.uk

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review/(Reversion)
Ground Banking Hall
154.12 sq m
(1,659 sq ft)
THE ROYAL BANK OF SCOTLAND (1) Approx 21 years from 13/12/2006 until 11/12/2027 £11,895 11/12/2021 (2)
11/12/2026
First
Attic
Office
Office
90.35 sq m
24.86 sq m
(973 sq ft)
(268 sq ft)
MCLEAN & STEWART SOLICITORS (3) 7 years from 02/07/2012 (4) £6,500 02/02/2017
(01/07/2019)
Totals  
269.33 sq m
(2,900 sq ft)
    £18,395

(1) Royal Bank of Scotland has over 17 million customers in the UK and is the largest SME Bank in the UK with over 1.1 million customers. (Source: www.rbs.com)
(2)The lease provides for the rent to be reviewed at the next rent review on 11th December 2021 to the higher of Open Market Rental Value or a fixed rental increase of 3.75%.
(3)McLean & Stewart Solicitors trade from offices in Dunblane and Callander. (www.mcleanandstewart.co.uk).
(4)The lease is subject to a schedule of condition.

Property Documents

  • Site Plan
    Updated Date
    28.04.15
    File Size
    51 KB
    View PDF
  • Catalogue Page
    Updated Date
    28.04.15
    File Size
    759 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Mhairi ArchibaldMhairi Archibald +44 (0)7718 899 341 Mhairi.archibald@acuitus.co.uk
Seller's Solicitors
Leslie Wolfson & Co. Solicitors 5th Floor, Waterloo Chambers , 19 Waterloo Street
Glasgow
G2 6BQ
Paul Ockrim 0141 270 7424po@lesliewolfson.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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