Description

PART INCOME PRODUCING INVESTMENT Prime Town Centre Location situated On Busy Thoroughfare. 2 Full Buildings SUPERSIZE Over 6,500sq ft. Producing £47,500pa with one unit vacant.

27 High Street Basement: 31.3sqm (337sq ft) Ground: 89.18sqm (960sq ft) 1st: 42.75sqm (460sq ft) 2nd: 43.47sqm (468sq ft) Total: 206.7sqm (2,225sq ft)

29/31 High Street (Santander) Basement: 27.96sqm (301sq ft) Ground: 169.45sqm (1,824sq ft) 1st: 108.13sqm (1,164sq ft) 2nd: 106.46sqm (1,146sq ft) Total:412sqm (4,435sq ft)

Internally, partitions erected to form meeting room, teller desks, and wc facilities with access to the upper floors situated to the rear of the demise offering staff facilities and further stores.

29/31 High Street is held on a Full Repairing and Insuring head lease to Santander PLC expiring 21st October 2032 at a passing annual rent of £47,500p.a.x. 27 High Street currently vacant retail space

The property comprises a 3 storey mid-terraced commercial development of steel framed construction. The property benefits from glazed windows at each floor to the front elevation with rear windows at 1st and 2nd floors. The ground floor comprises access to the units including the double frontage Santander bank and single frontage vacant commercial unit next door. Internally the bank is presented in accordance with Santander's corporate specifications with suspended acoustic tile ceiling with air conditioning plant recessed. There are partitions erected to form meeting room, teller desks, and w.c. facilities with access to the upper floors situated to the rear. Staff facilities and further stores. The vacant space offers open plan retailing at ground floor with upper floors offering further office / staff and store rooms. PART INCOME PRODUCING INVESTMENT Prime Town Centre Location situated On Busy Thoroughfare. 2 Full Buildings SUPERSIZE Over 6,500sq ft. Producing £47,500pa with one unit vacant. Potential additional rental from vacant unit. ***HIGH POTENTIAL YIELD WITH 12.6% CURRENT YIELD AND HUGE POTENTIAL INCREASE THROUGH RENTAL OF THE VACANT UNIT*** ***PRESTIGE CORPORATE TENTANT WITH AROUND JUST UNDER £300,000 RENT REMAINING OVER THE CURRENT LEASE PERIOD*** 27 High Street Basement: 31.3sqm (337sq ft) Ground: 89.18sqm (960sq ft) 1st: 42.75sqm (460sq ft) 2nd: 43.47sqm (468sq ft) Total: 206.7sqm (2,225sq ft) 29/31 High Street (Santander) Basement: 27.96sqm (301sq ft) Ground: 169.45sqm (1,824sq ft) 1st: 108.13sqm (1,164sq ft) 2nd: 106.46sqm (1,146sq ft) Total:412sqm (4,435sq ft) 29/31 High Street is held on a Full Repairing and Insuring head lease to Santander PLC expiring 21st October 2032 at a passing annual rent of £47,500p.a.x. 27 High Street currently vacant retail space VAT at current rate will be applicable on this transaction although this transaction may be eligible to be considered for TOGC subject to all parties circumstances.

Tenancy Details

Maps & Location

Located close to the junction with Cockburn Street, nearby multiples such as Bonmarché, Greggs, Ladbrokes and a variety of independent retailers in the town centre. Falkirk is positioned in the central belt of Scotland and is well served by road links, being accessed via the M9 (Junction 6) and M80 (Junction 8), which in turn provide access to Edinburgh and Glasgow.

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