Tenanted Commercial LOT 142

24 High Street, Bonnybridge, FK4 1DA
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Description

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

100% PRIME TOWN CENTRE COMMERCIAL INVESTMENT. Dual Commercial Units IMMEDIATE INCOME PRODUCING. let on a FRI lease producing £27,760 pa in total. SUPERSIZED PROPERTY 3,374 sq ft

Dominos: 217.33sqm (2,339sq ft) Single storey Let to DP Realty Ltd t/a Dominos Passing Rent £22,000pa Expiry 30/03/37 Break option 01/04/27

Style Without Limits: 96.22sqm (1,035sq ft) Ground and first floor Let to Personal Name t/a Style without Limits Passing Rent £5,760pa Tenant in Situ from 1st July 13 on a 6 month rolling tenancy

SUPER TRADING POSITION ***with highly visible frontage. PRIME INVESTMENT PROPERTY in excellent trading position on busy shopping street. **PERFECT ADDITION TO ANY PORTFOLIO**

SUPER LOCATION High Street in Bonnybridge, located within Falkirk Council in central Scotland, serves as the main commercial and social hub of the village.

100% PRIME TOWN CENTRE COMMERCIAL INVESTMENT. Dual Commercial Units IMMEDIATE INCOME PRODUCING. let on a FRI lease producing £27,760 pa in total. SUPERSIZED PROPERTY 3,374 sq ft Dominos: 217.33sqm (2,339sq ft) Single storey Let to DP Realty Ltd t/a Dominos Passing Rent £22,000pa Expiry 30/03/37 Break option 01/04/27 Style Without Limits: 96.22sqm (1,035sq ft) Ground and first floor Let to Personal Name t/a Style without Limits Passing Rent £5,760pa Tenant in Situ from 1st July 13 on a 6 month rolling tenancy SUPER TRADING POSITION ***with highly visible frontage. PRIME INVESTMENT PROPERTY in excellent trading position on busy shopping street. **PERFECT ADDITION TO ANY PORTFOLIO** SUPER LOCATION High Street in Bonnybridge, located within Falkirk Council in central Scotland, serves as the main commercial and social hub of the village.

The property is located on the north 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, The Bridge Inn.

Full Address: 24 High Street, Bonnybridge, FK4 1DA

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 13 Years
Rent: £27,760 per year / £2,313 per month
Yield: 14% (approx)
Tenant: Private Individual
Notes: Let to DP Realty Ltd t/a Dominos Passing Rent £22,000pa Expiry 30/03/37 Break option 01/04/27 Let to Personal Name t/a Style without Limits Passing Rent £5,760pa Tenant in Situ from 1st July 13 on a 6 month rolling tenancy

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Pricing Information & Bidding

Opening Bid: £202,000

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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

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Auction Details

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

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