65 High Street Falkirk Scotland FK1 1DD

65 High Street
Falkirk
Scotland
FK1 1DD

Heritable Retail Investment

  • Let to Savers Health and Beauty Limited
  • Pedestrianised town centre location
  • Adjacent to former Marks & Spencer and Wilko
  • 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
    £132,989 per Annum Exclusive
  • Status
    Sold
  • Price
    £445,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
Important Update
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* More information on the term "guide" can be found here

Heritable Retail Investment

  • Let to Savers Health and Beauty Limited
  • Pedestrianised town centre location
  • Adjacent to former Marks & Spencer and Wilko
  • 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.

Property Documents

  • Catalogue Page
    Updated Date
    25.10.19
    File Size
    867 KB
    View PDF
  • Site Plan
    Updated Date
    25.10.19
    File Size
    2 MB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Mhairi ArchibaldMhairi Archibald +44 (0)7718 899 341 Mhairi.archibald@acuitus.co.uk
Seller's Solicitors
DLA Piper Scotland LLP Rutland Square
Edinburgh
EH1 2AA
Alison Scott 0131 345 5164alison.scott@dlapiper.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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