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Description

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

***PRIME HIGH STREET TENANTED INVESTMENT*** First Floor 2,963sq ft commercial premises let to Chatham Building Ltd producing £8,000 per annum on a FRI lease.

The property is situated within a 2 storey sandstone development with pitched roof. Fantastic town centre location. First floor 13-17 tenanted by a single occupier Chatham Building Ltd

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

Tenant: Chatham Building Ltd Passing Rent: £8,000 Tenant in situ since July 2018 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*** First Floor 2,963sq ft commercial premises let to Chatham Building Ltd producing £8,000 per annum on a FRI lease. The property comprises a 2 storey sandstone development with pitched roof. First floor 13-17 tenanted by a single occupier Chatham Building Ltd PRIME INVESTMENT PROPERTY immediate income producing investemt in excellent trading position on busy shopping street. **PERFECT ADDITION TO ANY PORTFOLIO** Tenant: Chatham Building Ltd Passing Rent: £8,000 Tenant in situ since July 2018 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: 13-17 High Street, Full First Floor Office Suite, Bonnybridge, FK4 1BX

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: Rolling 6 Month Renewals
Rent: £8,000 per year / £667 per month
Yield: 15% (approx)
Tenant: Company
Notes: Let to Chatham Building Ltd since July 2018 at a passing rent of £8,000p.a

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Pricing Information & Bidding

Opening Bid: £54,000

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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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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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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