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Hilton Smythe are delighted to welcome to the market the revised opportunity to acquire on a Freehold basis, the property of 41 Mill Street in the centre of Alloa. The owner has placed the property on the market due to his wish to take a well-earned retirement.
The substantial traditional terraced retail property currently operates as a long established family run Watchmaker & Jewellers business with the addition of an award winning Art Gallery. It is a double fronted retail unit with street level access to the main sales floor area. The ground floor also has storage & staffroom facilities to the rear.
There is stair access to the second floor, currently used for the spacious art gallery, which benefits from plenty of natural daylight. The property has enhanced security measures installed and further benefits from free on street parking immediately outside the premises and close proximity to numerous town centre (free) car parks.
The total floor area of the property is rated at approximately 235m2, with the front sales area being approximately 1/3 of the total and currently fitted with secure illuminated wall unit display cases and secure free standing counters, all of which would be available with the property if required.
The secure rear ground floor area is currently used for sales, staff-room and storage/stock room but could easily be given over to an additional sales area. The rear second floor Art Gallery area also accommodates two good-sized offices and workshop facilities.
The premises would therefore be suitable for any form of retail, leisure and hospitality/restaurant opportunities or serviced offices etc. There is currently free (wired) fibre internet access available in the premises as the free town centre WiFi operates using the leased line & associated controllers etc hosted within the premises.
This superb investment opporutnity is located in an enviable position within the popular Clackmannanshire town of Alloa (FK10).
The location further benefits from on street parking and being surrounded by a wealth of complementary, independent shops and businesses resulting in a good volume of footfall, passing and repeat trade.
The town of Alloa is located 7 miles from the city of Stirling, 12 miles from the town of Falkirk and is set against the stunning backdrop of the Ochils. It lies approximately 35 miles from Edinburgh, 33 miles from Glasgow and 45 miles from Perth making it ideally situated for the commuter. It also benefits from a main line rail connection.
The town is well serviced in terms of local amenities, including national retailers, supermarkets, restaurants, pubs and independent businesses giving a good passing footfall. There is a wide range of leisure and sporting facilities, with state and private primary and secondary schooling available at various local locations.
The property is a substantial, 2 story traditional terraced retail property on Mill Street in the centre of town.
This functional double fronted shop features 2 display windows attracting attention from the street. The shop floor benefits from well-arranged, illuminated wall display cabinets which surround the shop floor and has 3 illuminated service counters as well as a further display cabinet just inside the shop. To the rear of ground floor is a stock room and staff facilities.
The Upper level gallery is reached via stairs at the rear of the ground floor, giving access to a bright and spacious gallery area with various stands and display cabinets, and further benefits from 2 good sized offices and a fully fitted service and repair workshop with all associated industry specialist tooling.
The premises are in good general condition and presented to a high standard and further benefit from electric heating and an extensive security system.
We are advised that tenure is offered on a Freehold basis.
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