Map & Location
Map Street View SatelliteSpecial Terms of Sale
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Buyers Fee (?) 2% of Sale Price (Minimum of £3250 +vat)
Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.
Description
Total - 3,196 sq ft OUTSTANDING INVESTMENT OPPORTUNITY. Super sized commercial unit set over three floors in HIGHLY PROMINENT TRADING POSITION. £20,833 pa 10 YEAR LEASE NO BREAK OPTION.
Let to Admiral Slots on a new 10 year full repairing and insuring lease expiring April 2033 at a current passing rent of £20,833 per annum.
EXCELLENT LOCATION within popular Falkirk Town Centre with massive levels of passing footfall. High Street popular with commercial users and offers easy access to train station and amenities.
Neighbouring occupiers include The Works, Vodafone, Three, Bodycare, New Look and Vision Express. The property is also located facing the popular Howgate Shopping Centre.
OUTSTANDING INVESTMENT OPPORTUNITY. Super sized commercial unit set over three floors in HIGHLY PROMINENT TRADING POSITION in thriving Falkirk Town Centre. Property is sure to appeal to investors looking to purchase an easily manageable/rentable property in a sought after location in Falkirk city centre. IMMEDIATE INCOME PRODUCING COMMERCIAL PROPERTY. Let to Admiral Slots on a new 10 year full repairing and insuring lease expiring April 2033 at a current passing rent of £20,833 per annum. EXCELLENT LOCATION within popular Falkirk Town Centre with massive levels of passing footfall. High Street popular with commercial users and offers easy access to train station and amenities. Neighbouring occupiers include The Works, Vodafone, Three, Bodycare, New Look and Vision Express. The property is also located facing the popular Howgate Shopping Centre.
Falkirk, with a population of 38,000, in central Scotland, 25 miles north-east of Glasgow, 23 miles west of Edinburgh and 15 miles south of Stirling. Access to the town is via the M80 and M9 motorways. Falkirk also has excellent transport facilities with readily accessible motorway links to Edinburgh, Glasgow and beyond and is served by two main line railway stations offering further superb transport links. Falkirk is also home to the popular Helix park and Kelpies, the Historic Callendar house and park, and the famous Falkirk Wheel, a rotating boat lift connecting the Forth and Clyde Canal with the Union Canal.
Full Address: 75-77 High Street, Full Let Building, Falkirk, FK1 1ES
Show MoreTenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)Length: 10 Years
Rent: £20,833 per year / £1,736 per month
Yield: 11% (approx)
Tenant: Company
Notes: Let to Admiral Slots on a new 10 year full repairing and insuring lease expiring April 2033 at a current passing rent of £20,833 per annum.
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Guide Price: £213,000
What is a Guide Price... Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change prior to the auction.
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Submit Offer NowSPECIAL Terms of Sale
- 10% Deposit
- Buyers Fee = 2% of Sale Price (Minimum £3,250 + vat)
- 4 Weeks Completion or Longer By Agreement
- Contribution to Sellers Costs £2,750 for on time settlement
VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.
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Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.Payment Calculator
Auction Details
Type: Deadline for Offers
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