Vacant Commercial Property LOT 300

41 Mill Street, Alloa, FK10 1DW
GUIDE PRICE

Deadline for Offers

09 December 2021, 3pm

Bidding Closes in

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

Description

Full Address: 41 Mill Street, Alloa, FK10 1DW

**PROMINANT HIGH STREET RETAIL UNIT** Prime retail unit in the heart of busy town centre of Alloa.

PROPERTY SPLIT OVER FRONT SHOP, GROUND FLOOR REAR & GALLERY ON THE FIRST FLOOR- Within this there is various offices, a staff room, A workshop and W.C.

RV of property is £13,900 and covers an area of 235sq meters. Realistic Rent in the area £13000 per annum giving a superb yield of 9% if achieved for guide price.

Surrounding occupiers include Lidl, Dominos, Baynes, Greggs, Bella Vita, Marie Curie Cancer Research & Betfred. Roof over Gallery, offices and workshop has been repaired and re-felted during lockdown

The subjects benefit from frontage onto the popular Mill Street close to the Candleriggs and Kilncraigs car parks

**PROMINANT HIGH STREET RETAIL UNIT** Prime retail unit in the heart of busy town centre of Alloa. This is an exciting opportunity to purchase a well known retail unit within the established community of Alloa. It is well known for hosting Galleries and the subjects are in immaculate condition. PROPERTY SPLIT OVER FRONT SHOP, GROUND FLOOR REAR AND GALLERY ON THE FIRST FLOOR- Within this there is various offices, a staff room, A workshop and W.C RV of property is £13,900 and covers an area of 235sq meters. Realistic Rent in the area £13000 per annum giving a superb yield of 9% if achieved for guide price. This property may even offer residential development possibilities, due to the size of building there would be possibility to develop multiple residential units (Subject to investigating and gaining necessary consents) Surrounding occupiers include Lidl, Dominos, Baynes, Greggs, Bella Vita, Marie Curie Cancer Research & Betfred. Surrounding occupiers include Lidl, Dominos, Baynes, Greggs, Bella Vita, Marie Curie Cancer Research & Betfred. Roof over Gallery, offices and workshop has been repaired and re-felted during lockdown

Alloa is located approximately nine miles east of Stirling and six miles north west of the Kincardine Bridge, offering excellent vehicular access to the M9 and M80 motorway networks which in turn leads to Edinburgh (40 miles) and Glasgow (25 miles). It is the principal town in Clackmannanshire and has a resident population of approximately 20,000 persons with a wider catchment area of 25,000. The Stirling-Alloa Railway line has recently re-opened providing excellent links between Kincardine and Stirling via Alloa. The new rail line has substantially improved access to and from the town which has benefitted the local economy enormously.

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Location

Pricing Information & Bidding

Guide Price: £110,000


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.

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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: 09 December 2021, 3pm
Type: Deadline for Offers

View Full Auction Catalogue

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