Tenanted Commercial LOT 22

27-31 High Street, Falkirk, FK1 1ES
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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted

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. Total ERV £60,000p.a.x.

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 frontaged Santander bank and single frontage vacant commercial unit next door. Internally the bank is presented in accordance with Sabntander’s corporate specifications with suspended acoustic tile ceiling with air conditioning plant recessed there in either partitions erected to form meeting room, teller desks, and w,.c. facilities with access tot he upper floors situated to the rear fo the demise offering 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. Total ERV £60,000p.a.x. 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

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.

Full Address: 27-31 High Street, Falkirk, FK1 1ES

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 6 Years
Rent: £47,500 per year / £3,958 per month
Yield: 12% (approx)
Tenant: Company
Notes: 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.

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Pricing Information & Bidding

Opening Bid: £396,000

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SPECIAL Terms of Sale

  • 10% Deposit (Minimum £3,000)
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
  • 4 Weeks Completion or Longer By Agreement
  • Contribution to Sellers Costs £2,750 for on time settlement

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Auction Details

Date & Time: 14 May 2026, 10am-3pm
Type: Timed Online Auction

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