OPENING BID

Timed Online Auction

25 August 2022, 10am-3pm

Bidding Closes in

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

Description

Full Address: 110 High Street, The Eagle Inn, Tillicoultry, FK13 6DX

PRIME INVESTMENT OPPORTUNITY. Established Public House located in the TOWN CENTRE of Tillicoultry. Offers a prime trading position WITH HIGH LEVELS OF PASSING TRADE. RENTAL POTENTIAL OF 30,000pa

RENTAL POTENTIAL OF 30,000 PER ANNUM*** SUPER SIZE AND LOCATION*** READY TO RENT PUBLIC HOUSE with Large beer garden in extremely prominent High Street position.

High Rental Demand Location. REALISTIC RENTAL of 30,000 PER ANNUM. ***POTENTIALLY HIGH YIELD INVESTMENT*** SUBSTANTIAL FRONTAGE onto busy HIGH STREET.

SUPER COMMERCIAL INVESTMENT PROPERTY WITHIN AFFLUENT TOWN CENTRE*** Located on the north of High Street between its junctions with Ochill Street and Hamilton Street within Tillicoultry town centre.

Tillicoultry is also home to the Sterling Mills furniture complex and designer outlet, both of which attract significant numbers of visitors to the town from a wide, national catchment area.

PRIME INVESTMENT OPPORTUNITY. Established Public House located in the TOWN CENTRE of Tillicoultry. Offers a prime trading position WITH HIGH LEVELS OF PASSING TRADE. Internally the property has been extensively refurbished and fitted out to a high standard by the tenant with traditional timber features highly polished and refurbished throughout. The subjects benefit from a kitchen area with full extraction to the rear, large cellar and extensive beer garden accessible from the rear of the demise. Both lounge and public bar benefit from male and female w.c facilities along with a private staff office and staff room. NAV/RV: 14,60. The property benefits from 100% rates exemption under the Scottish Small Business Rates Relief Scheme. SUBSTANTIAL FRONTAGE onto busy HIGH STREET. HIGH DEMAND LOCATION - REALISTIC RENTAL of 30,000 PER ANNUM. READY TO RENT PUBLIC HOUSE with Large beer garden in extremely prominent High Street position.

Tillicoultry is a traditional Hillfoot village nestled beneath the vast Ochil Hills. Providing plenty of local amenities including banks, a variety of local shops, library, health centre and local Primary school. Leisure facilities include Tillicoultry Golf Course, a driving range, a dry ski slope and the Sterling Mills Retail Outlet Centre. Tillicoultry is also close to the road and newly re-opened rail network, providing easy access throughout the Central belt and the larger cities of Edinburgh, Glasgow and Perth.

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Location

Pricing Information & Bidding

Opening Bid: £126,000

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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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 2.75% of Sale Price (Minimum £2,750 + vat)

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

Auction Details

Date & Time: 25 August 2022, 10am-3pm
Type: Timed Online Auction

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