142 High Street Falkirk FK1 1NR

  • 142 High Street<br>Falkirk<br>FK1 1NR

142 High Street
Falkirk
FK1 1NR

Heritable Betting Shop Investment

  • Let to Ladbrokes Betting & Gaming Limited (t/a Coral)
  • Re-based Rent from £40,000
  • Attractive and Popular Pedestrianised Town Centre Location
  • Opposite Howgate Shopping Centre
  • Nearby Occupiers include Boots, Savers, Poundstretcher, Caffe Nero, Timpson and Holland & Barrett
  • Lot
    41
  • Auction
    9th July 2024
  • Rent
    £25,000 per Annum Exclusive
  • Status
    Available
  • Guide*
    Contact Us
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
  • Expand
  • Photos
  • Map

Heritable Betting Shop Investment

  • Let to Ladbrokes Betting & Gaming Limited (t/a Coral)
  • Re-based Rent from £40,000
  • Attractive and Popular Pedestrianised Town Centre Location
  • Opposite Howgate Shopping Centre
  • Nearby Occupiers include Boots, Savers, Poundstretcher, Caffe Nero, Timpson and Holland & Barrett
  • Lot 41
  • Auction 9th July 2024
  • Rent £25,000 per Annum Exclusive
  • Status Available
  • Guide* Contact Us
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
22 miles east of Glasgow, 25 miles west of Edinburgh
Roads
A803, A904, M9 (Junction 6)
Rail
Falkirk Grahamston Station and Falkirk High Station (both direct to Edinburgh in approximately 35 minutes)
Air
Edinburgh Airport
Situation

The property is located on the north side of the busy pedestrianised High Street, opposite the main entrance to Howgate Shopping Centre. Neighbouring occupiers include Boots, Savers, Poundstretcher, Caffe Nero, Timpson and Holland & Barrett.

Tenure

Heritable.

Location
Miles
22 miles east of Glasgow, 25 miles west of Edinburgh
Roads
A803, A904, M9 (Junction 6)
Rail
Falkirk Grahamston Station and Falkirk High Station (both direct to Edinburgh in approximately 35 minutes)
Air
Edinburgh Airport
Situation

The property is located on the north side of the busy pedestrianised High Street, opposite the main entrance to Howgate Shopping Centre. Neighbouring occupiers include Boots, Savers, Poundstretcher, Caffe Nero, Timpson and Holland & Barrett.

Tenure

Heritable.

Description

The property is a Grade B listed building and comprises retail accommodation on the ground floor with ancillary accommodation on the first floor. There is no internal access between the first and second floors.

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 is a Grade B listed building and comprises retail accommodation on the ground floor with ancillary accommodation on the first floor. There is no internal access between the first and second floors.

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 sq m (1)
Floor Areas
Approx sq ft (1)
Tenant Term Rent p.a.x.
Ground
First
Second
Retail
Ancillary
No Access
168.14
130.15
-
(1,810)
(1,401)
(-)
LADBROKES BETTING & GAMING LIMITED (t/a Coral) (CRN: 00775667) (2) A term of years expiring 27/08/2026
£25,000
Total Approximate Floor Area  
298.29
(3,211)
   
£25,000

(1) The floor areas stated have been taken from the Scottish Assessors Association (www.saa.gov.uk)
(2) For the year ending 31/12/2022, Ladbrokes Betting & Gaming Limited reported a turnover of £1,033,140,000, a pre-tax profit of £54,369,000 and a net worth of £1,153,650,000 (Northrow: 19/06/2024)

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    21.06.24
    File Size
    19 MB
    Login to View
  • Brochure
    Updated Date
    09.07.24
    File Size
    3 MB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Mhairi ArchibaldMhairi Archibald +44 (0)7718 899 341 Mhairi.archibald@acuitus.co.uk
Seller's Solicitors
Mitchells Roberton George House, 36 North Hanover Street
Glasgow
G1 2AD
Ken Gerber 0141 552 3422ksg@mitchells-roberton.co.uk

Useful Links

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

By clicking the Submit button I confirm that I would like to register my interest in this Property. Please email me updates when they are published.

If you have a query, please fill in the box below, otherwise click the Submit button.

You have 200 character(s) left.

Are you sure you want to remove this property from My Catalogue?

Are you sure you are no longer interested in this property?

Are you sure you want to delete your Account?

Making the buying and selling of property a seamless experience
Everything you need to know whether you are a buyer or sellerHelp Centre
How can Acuitus Finance help you with bridging finance
How can Acuitus Finance help you with bridging financeObtain bridging finance now