GUIDE PRICE

Deadline for Offers

28 October 2021, 3pm

Bidding Closes in

Submit Offer Now
  • TypeCommercial
  • Ownership Freehold
  • Occupation Vacant
  • Rateable Value Search SAA

Description

Full Address:  Underwood Lockhouse, Seabegs Road, Bonnybridge, FK4 2HD

Fantastic Development Opportunity*** Former Underwood Lockhouse Restaurant with Planning Permission for redevelopment located on the John Muir way path in Bonnybridge.

Planning permission granted in May 2018 for demolition and replacement of restaurant with private parking. Benefits from High footfall / passing trade located along the Forth & Clyde canal.

Once redeveloped the restaurant would be laid out over three floors with a glass house extension to the side of the building, the unit would extend to 7491 sq.ft approx. and a Private car park.

***Excellent Development Opportunity*** Sure to attract strong investor / developer interest due to location and price.

The town of Bonnybridge offers a choice of shops, parks, supermarkets, primary and secondary schooling and regular bus services to the surrounding areas. Easy access to the M9 motorway.

Development Opportunity*** Former Underwood Lockhouse Restaurant with Planning Permission for redevelopment located on the John Muir way path in Bonnybridge. Perfect Project Property with Scope for Huge Return on Investment. Planning permission granted in May 2018 for demolition and replacement of restaurant with private parking. Once redeveloped the restaurant would be laid out over three floors with a glass house extension to the side of the building, a whiskey vault in the basement and a function suite on the top floor, the unit would extend to 7491 sq.ft approx. and a Private car park. http://edevelopment.falkirk.gov.uk/online/applicationDetails.do?activeTab=documents&keyVal=P1720UHCK5400 REALISTIC RENTAL POTENTIAL OF 50,000- 55,000 per annum in HIGH DEMAND LOCATION. No Rates payable until the property has been redeveloped. ***Excellent Development Opportunity*** Sure to attract strong investor / developer interest due to location and price. The town of Bonnybridge offers a choice of shops, parks, supermarkets, primary and secondary schooling and regular bus services to the surrounding areas. Easy access to the M9 motorway.

The town of Bonnybridge offers a choice of shops, parks, supermarkets, primary and secondary schooling and regular bus services to the surrounding areas. Easy access to the M9 motorway and Edinburgh Airport. Throughout the town there are stunning views of the River Forth and beyond over the Ochil Hills.

Show More

Document Downloads

LEGAL PACK AVAILABLE - Download Now

Location

Pricing Information & Bidding

Guide Price: £250,000


What is a Guide Price... Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change prior to the auction.

Offer Now... You may submit an offer now on this property for the owner to consider ahead of the set auction. 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 = 2.5% of Sale Price (Minimum £2,500 + 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: 28 October 2021, 3pm
Type: Deadline for Offers

View Full Auction Catalogue

Similar Properties


Lot 39
£110,000 GUIDE PRICE
  • **PROMINANT HIGH STREET RETAIL UNIT** Prime retail unit in the heart of busy town centre ...
Lot 33
£140,000 GUIDE PRICE
  • Prominent town centre retail unit with potential for Class 3/ Hot Food Consent. Former TU...
Lot 4
£333,000 OPENING BID
  • Let to Boots UK Limited until 2026 (no break) 40,000 p.a . Located on the main retailing...