101 High Street
Falkirk
Central
FK1 1DU

Heritable Retail Investment

  • Whole building located on a popular pedestrianised High Street
  • Let to Hays Travel until 2030 (subject to option)
  • Adjacent to Howgate Shopping Centre
  • Nearby occupiers include Costa Coffee, Waterstones, Wilkos and Boots the Chemist
  • Lot
    39
  • Auction
    05/May/2021
  • Rent
    £50,000 per Annum Exclusive
  • Status
    Sold Prior
  • Price*
     
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
  • 101 High Street<br>Falkirk<br>Central<br>FK1 1DU
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  • Photos
  • Map

* More information on the term "price" can be found here

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 in the town centre on the south side of the pedestrianised High Street, adjacent to the entrance to the Howgate Shopping Centre, where retailers include Boots, River Island and JD Sports. Other nearby occupiers include Savers, Caff Nero, Holland & Barrett and Costa.

Tenure

Heritable.

Description

The property comprises a traditional three storey terraced property with retail sales at ground floor, and staff and storage at first and second floors.

VAT

VAT is applicable to this lot.

Viewings

Please contact Mhairi Archibald

EPC

See the legal pack at www.acuitus.co.uk

Tenancy & Accommodation

AccommodationUseFloor Areas
(Approx)
TenantTermRent p.a.xReview
Ground Floor
First Floor
Second Floor
Retail
Ancillary
Ancillary
88.72 sq m
88.07 sq m
96.15 sq m
(955 sq ft)
(948 sq ft)
(1,035 sq ft)
HAYS TRAVEL
LIMITED (2)
10 years from
15/10/2020 (1)
£50,00015/10/2025
Total
272.94 sq m
(2,938 sq ft)
  £50,000 

(1) The lease is subject to tenant option to determine at 5.5yrs (15/04/2026) providing 6 months written notice.
(2) Hays Travel are the UK's largest independent travel agent employing over 7,500 people. Throughout the UK Hays operate from more than 548 retail shops and have over 292 experienced travel agents who work from their homes. (Source : www.haystravel/aboutus)

If you are the successful bidder, Acuitus requires a separate payment of £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    20.04.21
    File Size
    32 MB
    Login to View
  • Catalogue Page
    Updated Date
    16.04.21
    File Size
    936 KB
    View PDF
  • Site Plan
    Updated Date
    16.04.21
    File Size
    860 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    07.10.20
    File Size
    1,016 KB
    View PDF
  • Customer Due Dilligence Form
    Updated Date
    20.05.20
    File Size
    585 KB
    View PDF

Contacts

Acuitus
Mhairi ArchibaldMhairi Archibald +44 (0)7718 899 341 Mhairi.archibald@acuitus.co.uk
Peter MayoPeter Mayo +44 (0)20 7034 4864 +44 (0)7833 459318Peter.mayo@acuitus.co.uk
Seller's Solicitors
Brodies LLP 31-33 Union Grove
Aberdeen
Scotland
AB10 6SD
Graeme Imrie 01224 392 524graeme.imrie@brodies.com  Tracey Menzies 01224 392 299

Useful Links

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