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Description

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

***PRIME 685sq ft HIGH STREET TENANTED INVESTMENT*** Ground floor commercial premises let to Paul O’Conner Funeral Care producing £8,000 per annum on a FRI lease.

Ground floor commercial premises 685sq ft located in prominent High street position. The property is situated within a 2 storey sandstone development with pitched roof. Fantastic town centre location.

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

Tenant: Lease held on personal namePaul O’Conner Funeral Care Passing Rent: £8,000 Tenant in situ since March 2023 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*** Ground floor commercial premises let to Paul O’Conner Funeral Care producing £8,000 per annum on a FRI lease. Upper floor development potential. Ground floor commercial premises located in prominent High street position. The property comprises a 2 storey sandstone development with pitched roof. PRIME INVESTMENT PROPERTY immediate income producing investemt in excellent trading position on busy shopping street. **PERFECT ADDITION TO ANY PORTFOLIO** Tenant: Lease held on personal namePaul O’Conner Funeral Care Passing Rent: £8,000 Tenant in situ since March 2023 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: 13b High Street, PAUL OCONNOR FUNERAL CARE, Bonnybridge, FK4 1BX

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length:
Rent: £8,000 per year / £667 per month
Yield: 16% (approx)
Tenant: Company
Notes: Lease held on personal name t/a Paul O’Conner Funeral Care in situ since March 2023 at a passing rent of £8,000p.a

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Pricing Information & Bidding

Opening Bid: £49,000

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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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: 09 January 2025, 10am-3pm
Type: Timed Online Auction

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