Commercial property for auction
Cash Converters, High Street, Falkirk
Brighton & Beck Estate Agents are delighted to bring to the market this fantastic tenanted investment opportunity providing an instant high yielding return in a popular High Street location.
The property is currently let to Cash Converters (Falkirk) Limited on Full Repairing and Insuring terms until 4th October 2024 at a passing rent of £20,000 per annum. The tenant has also intimated that they would like extend their tenancy beyond this point. The property offers a fantastic addition to any commercial portfolio.
Location
The subjects are located on the north side of Falkirk’s pedestrian High Street, towards its western extent and to the west of its junction with Lint Riggs.
Description
Retail premises extending over ground and basement floors within a three storey and basement traditional tenement.
Construction type
The building is of traditional stone construction with a pitched slate roof and a combination of suspended timber and concrete floors. There is a flat roof section to the rear.
Floor Area
The subjects extend to the following approximate net internal floor area:-NIA: Sq.m: Sq.ft:
308.81 3,324
Rateable Value
18 High Street, Falkirk FK1 1EY Shop - £24,750
Features
Location
DON'T GET HAMMERED AT AUCTION. BUY FROM SOMEONE YOU CAN TRUST.... BRIGHTON & BECK
Important Note
The latest published guide price is shown on the website. The reserve price is the minimum price at which the property can be sold. The guide price given is the minimum price at which the seller might be prepared to sell on the date on which the guide price is published. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted "subject to contract". The reserve price may be greater than the previously quoted guide price. The guide price will be published online immediately it becomes available. Lots may be sold or withdrawn prior to auction. Auction properties are subject to a buyer’s premium of a minimum £4,000+VAT (£4,800) and Estate Agency properties are subject to a buyer’s premium of a minimum £1,500+VAT (£1,750). Any commercial sales are subject to a buyers premium of a minimum £5,000+VAT (£6,000) or 3%+VAT (Whichever is the greater). Each property listing provides the individual Buyers Premium, but for more Information on a properties Buyers Premium and any other related fees please feel free to speak to a member of the team.