Description
*PRIME TENANTED COMMERCIAL INVESTMENT PROPERTY* Town centre retail property let to British Heart Foundation on 25 year FRI lease since 1998 with secure rental income of £12,000 per annum.
Super retail location in busy pedestrianised town centre with neighbouring retailers including Subway, Boots, Costa Coffee, Cancer Research, B&M, Specsavers and Asda.
100% SECURE INCOME to Grade A tenant. The subjects are let to British Heart Foundation on a Full Repairing and Insuring lease- expiring 2023. Perfect investment property in popular retail location.
GREAT SIZE FOR RETAIL PROPERTY. Grangemouth is a town in the Forth Valley, lying on the south bank of the Firth of Forth, 3 miles east of Falkirk and 13 miles south-east of Stirling, with a resident population of around 18,000.
*PRIME TENANTED COMMERCIAL INVESTMENT PROPERTY* Town centre retail property let to British Heart Foundation on 25 year FRI lease since 1998 with secure rental income of £12,000 per annum. Excellent size and frontage in high footfall town centre location. 93sq.m (1001sq.ft) ground floor unit. Large retail space at front with staff accommodation, storage and W.C. Completed to high corporate specification. Super retail location in busy pedestrianised town centre with neighbouring retailers including Subway, Boots, Costa Coffee, Cancer Research, B&M, Specsavers and Asda. 100% SECURE INCOME to Grade A tenant. The subjects are let to British Heart Foundation on a Full Repairing and Insuring lease- expiring 2023. Perfect investment property in popular retail location. GREAT SIZE FOR RETAIL PROPERTY. Grangemouth is a town in the Forth Valley, lying on the south bank of the Firth of Forth, 3 miles east of Falkirk and 13 miles south-east of Stirling, with a resident population of around 18,000.
Grangemouth is a town in the Forth Valley, lying on the south bank of the Firth of Forth, 3 miles east of Falkirk and 13 miles south-east of Stirling, with a resident population of around 18,000. Grangemouth has one of the UK's largest ports with Scotland's largest container terminal bringing an influx of passing trade to the town centre. Ideally located in a central position almost equidistant between Glasgow and Edinburgh.
Full Address: 48 La Porte Precinct, British Heart Foundation, Grangemouth, FK3 8AZ
Show MoreTenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)Length: 2023
Rent: £12,000 per year / £1,000 per month
Yield: 10% (approx)
Tenant: Company
Notes:
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Pricing Information & Bidding
Opening Bid: £119,000
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SPECIAL Terms of Sale
- 10% Deposit
- Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
- 4 Weeks Completion or Longer By Agreement
- Contribution to Sellers Costs £1,750 for on time settlement
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Buy Now Price = £139,000
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Auction Details
Type: Timed Online Auction
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