Timed Online Auction

27 January 2022, 10am-3pm

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

Description

Full Address: 85 Main Street, Tenanted Take Away Investment, Callander, FK17 8DX

PRIME HOT FOOD INVESTMENT. Tenanted take away in the heart of Callander approx. 100Sq m with settled tenant on FRI lease until 2022 current annual rental income of 15,600 per year.

EXTREMELY WELL ESTABLISHED LOCAL BUSINESS in place since 2007 & trading exceptionally well. Perfect investment property for the savvy investor within extremely busy locale. SUPER RETURN ON INVESTMENT

SUPER SIZE & LOCATION property located on extremely busy main thoroughfare, MASSIVE LEVELS OF PASSING TRADE within densely populated residential area close to major attractions / amenities

SUPER TENANT in place with excellent payment history. Immediate rental income of over 15,500 per annum within the a major Scottish tourist town locale and includes all equipment

Property consists of Customer serving area, kitchen, storage room, potato room, staff room, staff toilet. New Boiler, 2 New Fridges, Latest Technology Potato Peller in Potato room, Rear / Side Access

PRIME HOT FOOD INVESTMENT. Tenanted take away in the heart of Callander approx. 100Sq m with settled tenant on FRI lease until 2022 current annual rental income of 15,600 per year. EXTREMELY WELL ESTABLISHED LOCAL BUSINESS in place since 2007 & trading exceptionally well. Perfect investment property for the savvy investor within extremely busy locale. SUPER RETURN ON INVESTMENT SUPER SIZE & LOCATION property located on extremely busy main thoroughfare, MASSIVE LEVELS OF PASSING TRADE within densely populated residential area close to major attractions / amenities SUPER TENANT in place with excellent payment history. Immediate rental income of over 15,500 per annum within the a major Scottish tourist town locale and includes all equipment Property consists of Customer serving area, kitchen, storage room, potato room, staff room, staff toilet. New Boiler, 2 New Fridges, Latest Technology Potato Peller in Potato room, Rear / Side Access

The affluent town of Callender has a population of approx. 4,000. The town serves as the eastern gateway to the Loch Lomond and the Trossachs National Park, the first National Park in Scotland, and is often referred to as the Gateway to the Highlands.

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: until June 2022
Rent: 15,600 per year / 1,300 per month
Yield: 9% (approx)
Tenant: Private Individual
Notes: Lease runs out June 2022, tenant keen to renew lease.

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Location

Pricing Information & Bidding

Opening Bid: £145,000

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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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: 27 January 2022, 10am-3pm
Type: Timed Online Auction

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