Vacant Commercial LOT 270

41 Mill Street, Alloa, FK10 1DW
DEADLINE CLOSES in...

Deadline for Offers

Now Accepting Offers

Guide Price
£90,000


SUBMIT OFFERS BY

25 April 2024, 3pm

Map   Street View   Satellite

Description

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

**PROMINANT HIGH STREET RETAIL UNIT** Prime retail unit in the heart of busy town centre of Alloa.

PROPERTY SPLIT OVER FRONT SHOP, GROUND FLOOR REAR & GALLERY ON THE FIRST FLOOR - Within this there is various offices, a staff room, A workshop and W.C.

RV of property is £13,900 and covers an area of 235sq meters. Realistic Rent in the area £13000 per annum giving a superb yield of 9% if achieved for guide price.

Surrounding occupiers include Lidl, Dominos, Baynes, Greggs, Bella Vita, Marie Curie Cancer Research & Betfred. Roof over Gallery, offices and workshop has been repaired and re-felted during lockdown

The subjects benefit from frontage onto the popular Mill Street close to the Candleriggs and Kilncraigs car parks

**PROMINANT HIGH STREET RETAIL UNIT** Prime retail unit in the heart of busy town centre of Alloa. This is an exciting opportunity to purchase a well known retail unit within the established community of Alloa. It is well known for hosting Galleries and the subjects are in immaculate condition. PROPERTY SPLIT OVER FRONT SHOP, GROUND FLOOR REAR AND GALLERY ON THE FIRST FLOOR- Within this there is various offices, a staff room, A workshop and W.C RV of property is £13,900 and covers an area of 235sq meters. Realistic Rent in the area £13000 per annum giving a superb yield of 9% if achieved for guide price. This property may even offer residential development possibilities, due to the size of building there would be possibility to develop multiple residential units (Subject to investigating and gaining necessary consents) Surrounding occupiers include Lidl, Dominos, Baynes, Greggs, Bella Vita, Marie Curie Cancer Research & Betfred. Surrounding occupiers include Lidl, Dominos, Baynes, Greggs, Bella Vita, Marie Curie Cancer Research & Betfred. Roof over Gallery, offices and workshop has been repaired and re-felted during lockdown

Alloa is located approximately nine miles east of Stirling and six miles north west of the Kincardine Bridge, offering excellent vehicular access to the M9 and M80 motorway networks which in turn leads to Edinburgh (40 miles) and Glasgow (25 miles). It is the principal town in Clackmannanshire and has a resident population of approximately 20,000 persons with a wider catchment area of 25,000. The Stirling-Alloa Railway line has recently re-opened providing excellent links between Kincardine and Stirling via Alloa. The new rail line has substantially improved access to and from the town which has benefitted the local economy enormously.

Full Address: 41 Mill Street, Alloa, FK10 1DW

Show More

Document Downloads

Legal Pack (Available)

Pricing Information & Bidding

Guide Price: £90,000


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.

Offer Now... You may submit an offer now on this property for the owner to consider ahead of the set auction. 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.

Submit Offer Now

Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

Payment Calculator

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

Date & Time: 25 April 2024, 3pm
Type: Deadline for Offers

View Full Auction Catalogue

Similar Properties


Lot 271
£125,000 OPENING BID
  • Trading as the Corner Café. Let on a 10 year lease from June 2018 - June 2028 option of b...
Lot 285
£68,000 OPENING BID
  • FULL BUILDING*** SUBSTANTIAL 0.37 ACRE commercial premises located in Grangemouth TOWN CE...