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Description

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

***PRIME 567sq ft HIGH STREET TENANTED INVESTMENT*** Ground floor commercial premises let to Phone Fix & Vape North Ltd producing £7,000 per annum on a FRI lease. Upper floor development potential.

Ground floor 567sq ft commercial premises located in prominent High street position. The property is situated within a 2 storey sandstone development with pitched roof. Fantastic town centre location.

PRIME INVESTMENT PROPERTY immediate income producing investemt in excellent trading position on busy shopping street. **PERFECT ADDITION TO ANY PORTFOLIO**

Tenant: Phone Fix & Vape North Ltd Passing Rent: £7,000 Tenant in situ since March 2024 Super High Street trading position

Bonnybridge itself comprises an established town within Central Scotland, lying astride the A803 road route, approximately 4 miles to the west of Falkirk and some 7 miles south of Stirling.

***PRIME HIGH STREET TENANTED INVESTMENT*** Ground floor commercial premises let to Phone Fix & Vape North Ltd producing £7,000 per annum on a FRI lease. Upper floor development potential. Ground floor commercial premises located in prominent High street position. The property comprises a 2 storey sandstone development with pitched roof. PRIME INVESTMENT PROPERTY immediate income producing investemt in excellent trading position on busy shopping street. **PERFECT ADDITION TO ANY PORTFOLIO** Tenant: Phone Fix & Vape North Ltd Passing Rent: £7,000 Tenant in situ since March 2024 Super High Street trading position Bonnybridge itself comprises an established town within Central Scotland, lying astride the A803 road route, approximately 4 miles to the west of Falkirk and some 7 miles south of Stirling.

The property is located on the south side of High Street within the town centre of Bonnybridge. Bonnybridge itself comprises an established town within Central Scotland, lying astride the A803 road route, approximately 4 miles to the west of Falkirk and some 7 miles south of Stirling. The town’s position within the central belt ensures that Bonnybridge benefits from excellent road communication links with Junction 1 of the M876 lying approximately 1 mile to the north. In addition, nearby Falkirk has the benefit of several mainline railway stations which provide direct access to Edinburgh, Glasgow and the North. Neighbouring occupiers include Scot-mid, Ladbrokes, Premier, Dominos, The Bridge Inn.

Full Address: 17a High Street, Let Retail Investment, Bonnybridge, FK4 1BX

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: Rolling 6 Month Renewals
Rent: £7,000 per year / £583 per month
Yield: 15% (approx)
Tenant: Company
Notes: Let to Phone Fix & Vape North Ltd since March 2024 at a passing rent of £7,000p.a

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Pricing Information & Bidding

Opening Bid: £47,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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SPECIAL Terms of Sale

  • 10% Deposit
  • Buyers Fee = 3% 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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Auction Details

Date & Time: 05 December 2024, 10am-3pm
Type: Timed Online Auction

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