OPENING BID

Timed Online Auction

12 March 2021, 10am-4pm

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  • TypeCommercial
  • Ownership Freehold
  • Occupation Vacant
  • Rateable Value Search SAA

Description

Full Address: 30A La Porte Precinct, Former TUI, Grangemouth, FK3 8BG

Prominent town centre retail unit with potential for Class 3/ Hot Food Consent. Former TUI Located on the main retailing precinct in Grangemouth. Previously LET for 34,000 PER ANNUM***

Realistic RENTAL POTENTIAL 22,000 - 26,000 PER ANNUM - MASSIVE 17% YIELD potential***Ideal investment property***Sure to appeal to landlords looking for a High yielding investment Opportunity,

Historically SOLD for over 400,000*** Potential HOT FOOD/ CLASS 3 LOCATION (subject to necessary consents). PRIME RETAIL POSITION within extremely popular town centre with high footfall in locale.

SUPER SIZE AND LOCATION. PRIME retail unit with potential for Class 3/ Hot Food Consent. Unit extends to approx. 1,801 Sq. Ft (167.30 Sq. M). WALK-IN CONDITION - READY TO RENT***

La Porte Precinct is the main shopping and leisure location in the town of Grangemouth and is home to B&M, Boots, Greggs, Costa Coffee, Specsavers, Cancer Research and Subway. LARGE FREE CAR PARK.

Prominent town centre retail unit with potential for Class 3/ Hot Food Consent. Former TUI Located on the main retailing precinct in Grangemouth. Previously LET for 34,000 PER ANNUM*** Realistic RENTAL POTENTIAL 22,000 - 26,000 PER ANNUM - MASSIVE 17% YIELD potential***Ideal investment property***Sure to appeal to landlords looking for a High yielding investment Opportunity, SUPER SIZE AND LOCATION. PRIME retail unit with potential for Class 3/ Hot Food Consent. Unit extends to approx. 1,801 Sq. Ft (167.30 Sq. M). WALK-IN CONDITION - READY TO RENT*** EPC BAND E. La Porte Precinct is the main shopping and leisure location in the town of Grangemouth and is home to B&M, Boots, Greggs, Costa Coffee, Specsavers, Cancer Research and Subway. LARGE FREE CAR PARK. Grangemouth is a town in the Forth Valley, lying on the south bank of the Firth of Forth, 3 miles east of Falkirk and 13 miles south-east of Stirling, with a resident population of around 18,000.

Grangemouth is a town in the Forth Valley, lying on the south bank of the Firth of Forth, 3 miles east of Falkirk and 13 miles south-east of Stirling, with a resident population of around 18,000. Grangemouth has one of the UK's largest ports with Scotland's largest container terminal bringing an influx of passing trade to the town centre. Ideally located in a central position almost equidistant between Glasgow and Edinburgh.

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Location

Pricing Information & Bidding

Opening Bid: £75,000

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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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 1.25% of Sale Price (Minimum £2,500 + vat)

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

Auction Details

Date & Time: 12 March 2021, 10am-4pm
Type: Timed Online Auction

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