Let to Pinnacle Cellular Limited (part of Vodaphone Group Plc) t/a Vodafone
Pedestrianised town centre location opposite the Howgate Shopping Centre
Nearby occupiers include Boots the Chemist, Marks & Spencer, Waterstones, Caffè Nero, Holland & Barrett and Costa
Lot 84
Auction 19th October 2017
Rent
Status Sold Prior
Price
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
11 miles south of Stirling, 22 miles east of Glasgow, 25 miles west of Edinburgh
Roads
A803, A904, M9 (Junction 6), M876 (Junction 1)
Rail
Falkirk Grahamston Railway Station
Air
Edinburgh International Airport
Situation
The property is prominently situated on the north side of the pedestrianised High Street, opposite the Howgate Shopping Centre which houses retailers including Boots the Chemist, Marks & Spencer, River Island, JD Sports, New Look and Wilko. Other nearby occupiers include Waterstones, Caffè Nero, Holland & Barrett and Costa.
Tenure
Heritable. (Scottish Equivalent of English Freehold).
Location
Miles
11 miles south of Stirling, 22 miles east of Glasgow, 25 miles west of Edinburgh
Roads
A803, A904, M9 (Junction 6), M876 (Junction 1)
Rail
Falkirk Grahamston Railway Station
Air
Edinburgh International Airport
Situation
The property is prominently situated on the north side of the pedestrianised High Street, opposite the Howgate Shopping Centre which houses retailers including Boots the Chemist, Marks & Spencer, River Island, JD Sports, New Look and Wilko. Other nearby occupiers include Waterstones, Caffè Nero, Holland & Barrett and Costa.
Tenure
Heritable. (Scottish Equivalent of English Freehold).
Description
The property comprises a ground floor retail unit with ancillary accommodation on the first floor.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor retail unit with ancillary accommodation on the first floor.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
Ground First
Retail/Ancillary Ancillary
67.63 sq m 72.55 sq m
(728 sq ft) (781 sq ft)
PINNACLE CELLULAR LIMITED (1) t/a Vodafone
25 years from 01/12/1995 on a full repairing and insuring lease
£41,500
30/11/2020
Total
140.18 sq m
(1,509 sq ft)
£41,500
(1) Vodaphone Group Plc are the ultimate holding company. Vodafone is one of the leading mobile communications providers, operating in 26 countries with almost 444 million customers across the world and around 19.5 million in the UK. Vodafone employs over 13,000 people across the UK (Source: www.vodafone.co.uk).