Close to the entrance to the Howgate Shopping Centre
Other nearby occupiers include Sports Direct, Caffè Nero, Holland & Barrett and Costa
Lot 77
Auction 5th December 2018
Rent
Status Sold
Price £445,000
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
22 miles east of Glasgow
25 miles west of Edinburgh
11 miles south of Stirling
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 south side of the pedestrianised High Street, adjacent to Wilko and close to the entrance to the Howgate Shopping Centre, where retailers include Boots, River Island, JD Sports and New Look. Other nearby occupiers include Sports Direct, Caffè Nero, Holland & Barrett and Costa.
Tenure
Heritable. (Scottish Equivalent of English Freehold).
Location
Miles
22 miles east of Glasgow
25 miles west of Edinburgh
11 miles south of Stirling
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 south side of the pedestrianised High Street, adjacent to Wilko and close to the entrance to the Howgate Shopping Centre, where retailers include Boots, River Island, JD Sports and New Look. Other nearby occupiers include Sports Direct, Caffè Nero, Holland & Barrett and Costa.
Tenure
Heritable. (Scottish Equivalent of English Freehold).
Description
The property comprises a ground floor retail unit with ancillary and storage at basement, first and second floors. The property fronts onto the High Street and extends to the back of the Howgate Shopping Centre.
VAT
VAT is applicable to this lot.
EPC
Band F (Scotland). See legal pack at acuitus.co.uk.
Description
The property comprises a ground floor retail unit with ancillary and storage at basement, first and second floors. The property fronts onto the High Street and extends to the back of the Howgate Shopping Centre.
VAT
VAT is applicable to this lot.
EPC
Band F (Scotland). See legal pack at acuitus.co.uk.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
Ground First Second
Retail Ancillary Ancillary
343 sq m 293 sq m 76 sq m
(3,692 sq ft) (3,154 sq ft) (818 sq ft)
SAVERS HEALTH AND BEAUTY LIMITED t/a Savers (1)
15 years from 16/12/2005 on a full repairing and insuring lease
£132,989
15/12/2020
Total
712 sq m
(7,664 sq ft)
£132,989
(1) Savers was founded in 1988 and currently operates from over 380 stores throughout the UK, employing over 3,000 personnel (www.savers.co.uk). Savers Health and Beauty Limited is ultimately owned by CK Hutchison Holdings Limited.