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Description
Four storey vacant Prime Development Opportunity. SUPER SIZE 44,972 sq ft. *PRE-PLANNING APPLICATION SUBMITTED. Potential for 47 FLATS or 110 BED STUDENT DEVELOPMENT.
Ground 1,499.80 sq m (15,606 sq ft) First 1,454.90 sq m (15,661 sq ft) Second 1,454.90 sq m (15,661 sq ft) Third 1,072.00 sq m (11,539 sq ft) Fourth 103.60 sq m (1,115 sq ft)
Prime pedestrianised retailing position opposite Marks & Spencer and The Thistles Shopping Centre. Nearby occupiers include Debenhams, Zara, H&M, Next, Laura Ashley, Monsoon, WH Smith and Boots.
Internally, the ground and first floors provide well configured retail accommodation, with the second and third floors used as offices and storage.
Potential to extend the fourth floor to create additional floor space and accommodate more rooms.
*Pre-Planning Application Submitted* 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, with a pre-planning application having been submitted for student accommodation, residential, hospitality, and leisure uses. Given the current layout of the property, there is potential to extend the fourth floor to create additional floor space and accommodate more rooms. Proposed drawing can be made available upon request.
Maps & Location
Map Street View SatellitePort Street lies in Stirling city centre. The street features prominent retail frontage, with national brands and major shopping centre access nearby (for example the adjacent Thistles Shopping Centre). Being in the heart of Stirling means easy access to transport (train/bus), services, shops, and amenities. Port Street enjoys high footfall and proximity to transport hubs (e.g., Stirling Railway Station) and major motorway connections.
Document Downloads
Pricing Information & Bidding
Opening Bid: £450,000
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Terms & Conditions of Sale
- 10% Deposit (Minimum £3,000)
- 8 Weeks 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.
* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.
General Terms & Conditions of Sale
Lot Specific Terms - 22-40Port Street and 2-12 Dumbarton Rd, Stirling