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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted

INCOME PRODUCING INVESTMENT*** Ground and first floor commercial unit iPrime Town Centre Location. Let on F.R.I Lease To Caffè Nero producing £37,500 per annum ERV: £42,500p.a.

The property is held on a full repairing and insuring head lease to Nero Holdings Ltd t/a Caffè Nero expiring July 2030 at a passing rent of £37,500 per annum.

The property has been renovated in accordance with Cafe Nero’s specifications with open plan customer seating and ordering space at ground and first floor with partitioned WC, stores and offices.

The property has been calculated to extend to the following internal area; Ground: 118.25sqm (1,273sq ft) 1st: 73.79sqm (794sq ft) Total: 192.04sqm (2,067sq ft)

Port Street is centrally located in Stirling, close to the city’s main shopping areas, cafés, restaurants and everyday amenities. The property benefits from excellent public transport links, with Stir

The property comprises a ground and first floor commercial unit set within a larger 4 storey traditional sandstone development and benefits from a return frontage onto Port Street & King Street on a highly visible position in Stirlings town centre. Internally, the property has been extensively renovated in accordance with Cafe Nero’s corporate specifications with open plan customer seating and ordering space at ground and first floor with partitioned toilets at each floor along with stores, staff room and office. The property has been calculated to extend to the following internal area; Ground: 118.25sqm (1,273sq ft) 1st: 73.79sqm (794sq ft) Total: 192.04sqm (2,067sq ft) The commercial unit is held on a full repairing and insuring head lease to Nero Holdings Ltd t/a Caffè Nero expiring July 2030 at a passing rent of £37,500per annum. Caffè Nero is a leading independent coffee house chain, founded in 1997 by Gerry Ford. It offers a European-style café experience with high-quality espresso-based drinks, food, and a warm atmosphere. Headquartered in London, the brand operates across 11 countries and stands out as one of Europe’s largest independent coffee groups, emphasising premium coffee sourcing and consistent customer experience. In the UK, Caffè Nero currently runs approximately 650 stores (as of mid-2026), forming the core of its operations with strong high-street and transport hub presence. The wider Nero Group employs over 11,000 staff globally, with more than 7,000 in the UK. UK sales for Caffè Nero reached around £366 million in recent financial years, contributing to the Group’s record turnover exceeding £800 million overall. The company continues aggressive expansion, planning dozens of new UK openings annually while delivering steady like-for-like growth.

Tenancy Details

Type of Agreement: Short Assured Tenancy (SAT)
Length: 4 Years
Rent: £37,500 per year / £3,125 per month
Yield: 10% (approx)
Tenant: Company
Notes: The property is held on a full repairing and insuring head lease to Nero Holdings Ltd t/a Caffè Nero expiring July 2030 at a passing rent of £37,500per annum.

Maps & Location

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The premises are located on the west side of the pedestrianised Port Street opposite Marks & Spencer and The Thistles Shopping Centre. The Thistles is the established prime fashion pitch in town and contains occupiers such as Zara, Next, H&M, Primark, Greggs & Nationwide Stirling is located in the heart of central Scotland approximately 36 miles north west of Edinburgh and 26 miles north east of Glasgow. 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.

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Pricing Information & Bidding

Opening Bid: £360,000

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Terms & Conditions of Sale

  • 10% Deposit (Minimum £3,000)
  • Standard Completion (Unless specified differently in any Special Conditions of Sale)
  • Buyers Fee = 2% of Sale Price (Minimum £3,250 + vat)

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    STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer for each property which may differ in deposit amount, completion and buyers fee.

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General Terms & Conditions of Sale
Lot Specific Terms - 2-4 Port Street, Caffè Nero, Stirling






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