Tenanted Commercial Property LOT 167

32-34 La Porte Precinct, Boots, Grangemouth, FK3 8BG
OPENING BID

Timed Online Auction

12 March 2021, 10am-4pm

Bidding Closes in

View Live Online Auction Submit Offer Now
  • TypeCommercial
  • Ownership Freehold
  • Occupation Tenanted
  • Rateable Value Search SAA

Description

Full Address: 32-34 La Porte Precinct, Boots, Grangemouth, FK3 8BG

Let to Boots UK Limited until 2026 (no break) 40,000 p.a . Located on the main retailing precinct in Grangemouth. PERFECT INVESTMENT WITH IMMEDIATE RENTAL RETURN.

***Top performing pharmacy over 10,000 prescriptions a month. Tenant trades very well. GRADE A TENANT - Boots UK Limited (Company Number 00928555) has a tangible net worth of 875,000,000.

Excellent size. 3,870 SQUARE FEET. With an open glazed frontage in extremely prominent position close to entrance to the precinct. Large Modern retail sales floor finished to high corporate specification throughout.

100% SECURE INCOME to Grade A tenant. The subjects are let to Boots UK Ltd on a Full Repairing and Insuring lease expiring 19th Aug 2026. Perfect investment property in popular retail location.

IDEAL SIZE for BOOTS. 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.

Let to Boots UK Limited until 2026 (no break) 40,000 p.a . Located on the main retailing precinct in Grangemouth. PERFECT INVESTMENT WITH IMMEDIATE RENTAL RETURN. ***Top performing pharmacy over 10,000 prescriptions a month. Tenant trades very well. GRADE A TENANT - Boots UK Limited (Company Number 00928555) has a tangible net worth of 875,000,000. Excellent size. 3,870 SQUARE FEET. With an open glazed frontage in extremely prominent position close to entrance to the precinct. Large Modern retail sales floor finished to high corporate specification throughout. 100% SECURE INCOME to Grade A tenant. The subjects are let to Boots UK Ltd on a Full Repairing and Insuring lease expiring 19th Aug 2026. Perfect investment property in popular retail location. IDEAL SIZE for BOOTS. 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.

Show More

Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 2026
Rent: 40,000 per year / 3,333 per month
Yield: 10% (approx)
Tenant: Company
Notes: Let to Boots UK Limited until 2026 (no break) 40,000 p.a GRADE A TENANT - Boots UK Limited (Company Number 00928555) has a tangible net worth of 875,000,000.

Document Downloads

  LEGAL PACK (Pending)

Location

Pricing Information & Bidding

Opening Bid: £300,000

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).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

View Live Online Auction

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.

Submit Offer Now

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

View Full Auction Catalogue

Similar Properties


Lot 180
£39,750 OPENING BID
  • 535.94 Sq,Ft (49.79 Sq.m) Freehold Commercial Unit with single frontage. PRIME LOCATION a...
Lot 199
£75,000 OPENING BID
  • Prominent town centre retail unit with potential for Class 3/ Hot Food Consent. Former TU...
Lot 190
£97,500 OPENING BID
  • RBS Building Investment - 100% PRIME Commercial Site in Grangemouth with VACANT RBS on Gr...