Summary

• Excellent City Centre location
  
• Recently converted Student Accommodation
  
• Provides attractively presented and good quality accommodation.
  
• Offers in the region of £2.3 million are being sought for the heritable asset, goodwill, fixtures and fittings.

Location

The subjects are situated on the Northern side of Upper Craigs, on the corner of the junction with Cameronian Street, in close proximity to the A811 road route which is one of the main routes through Stirling City Centre.

Stirling itself comprises an important town within Central Scotland lying upon the banks of the River Forth approximately 26 miles Northeast of Glasgow and some 30 miles Northwest of Edinburgh. The city forms the main administrative centre for the surrounding district providing extensive retail, leisure and local government facilities. Additionally, the city has a well renowned University.

The city enjoys a relatively diverse economic base. Tourism is particularly important to Stirling during the summer months with a large number of visitors attracted to the city and its surrounding historic sites and monuments including the Bannockburn Heritage Centre, Stirling
Castle and Wallace Monument; Stirling is also regarded as the gateway to the Trossachs.

The property lies within a mixed area, characterised primarily by commercial subjects at ground floor level with residential tenements above.

Description

The subject comprises a traditional three storey and basement property, which has been converted into student accommodation with 22 ensuite bedrooms set out within cluster flats including kitchen and living accommodation.

Each bedroom includes an ensuite in addition the bedrooms have a small double bed, a workstation and storage. The bedrooms typically range from circa 12 to 16 m², other than the two accessible rooms on the ground floor which extend to circa 20 m².

The kitchens all have integrated appliances with the ground floor kitchen having adjustable height sink and hob for occupiers with limited mobility.

The upper floors are split into two separate blocks on each floor, which allows the subject to be flexibly managed, which effectively comprises four self-contained flats.