BIDDING OPENS in...

Description

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

Town Centre Location Full Building Forming 9 Units 1 Vacant Potential Residential @ Upper Floor Current Passing Rent £60,080p.a ERV: £67,000p.a

Total Current Passing Rent: £60,080p.a Total E.R.V £67,000p.a

The property is located on the south side of High Street within the town centre of Bonnybridge.

The property comprises a 2 storey sandstone development with pitched roof. The property has been extended over the years to create further individual units to the rear.

The development offers 5 commercial retailing units to the front, with 2 workshop / ancillary spaces to the rear with large office space, currently vacant, at the upper floor with potential for resi.

The property comprises a 2 storey sandstone development with pitched roof. The property has been extended over the years to create further individual units to the rear. The development offers 5 commercial retailing units to the front, with 2 workshop / ancillary spaces to the rear with large office space, currently vacant, at the upper floor with potential for residential development. The ground floor retail units are held on short term 6 monthly rolling leases on the following terms; No 13 - 730sq ft Lease held on personal name t/a Cafe Retro in situ since September 2018 at a passing rent of £6,720p.a No 13a - 805sq ft Let to LG K9 Supplies Ltd t/a Raw Patrol pet shop in situ since April 2024 at a passing rent of £7,200p.a No 13b - 685sq ft 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 No 17 - 539sq ft Let to Studio Glow Beauty and Aesthetics Limited since July 2021 at a passing rent of £7,000p.a No 17a - 567sq ft Let to Phone Fix & Vape North Ltd since March 2024 at a passing rent of £7,000p.a No 17b - 582sq ft Lease held on personal name t/a Browns Toy Shop since January 2022 at a passing rent of £8,160p.a No 17c - 879sq ft (extension at rear of building facing Scotmid) Let to Sew Eazy since May 2015 at a passing rent of £8,000p.a 13-17 - 2,963sq ft (full first floor) Let to Chatham Building Ltd since July 2018 at a passing rent of £8,000p.a Rear Store - 500sq ft (Vacant) Total Current Passing Rent: £60,080p.a Total E.R.V £67,000p.a

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. The property comprises a 2 storey sandstone development with pitched roof. The property has been extended over the years to create further individual units to the rear.

Full Address: 13-17 High Street, Portfolio of 9 Properties, Bonnybridge, FK4 1BX

Show More

Map & Location

Map   Street View   Satellite

Special Terms of Sale

  • Buyers Fee (?) 1% of Sale Price (Minimum of £3250 +vat)

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.

Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: Various
Rent: £60,080 per year / £5,007 per month
Yield: 13% (approx)
Tenant: Company
Notes: See above details for full tenancy info.

Document Downloads

Legal Pack (Available)

Pricing Information & Bidding

Opening Bid: £473,000

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

SPECIAL Terms of Sale

  • 10% Deposit
  • Buyers Fee = 1% 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.

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: 24 April 2025, 10am-3pm
Type: Timed Online Auction

View Full Auction Catalogue