Heritable Retail Investment
Heritable Retail Investment
The property is located on the High Street, in a prominent position opposite the Howgate Shopping Centre. Nearby occupiers include Burger King, W H Smith and Boots Opticians, while the Howgate Shopping Centre is anchored by Marks & Spencer, Wilkinson and Debenhams.
Heritable.
The property is located on the High Street, in a prominent position opposite the Howgate Shopping Centre. Nearby occupiers include Burger King, W H Smith and Boots Opticians, while the Howgate Shopping Centre is anchored by Marks & Spencer, Wilkinson and Debenhams.
Heritable.
The property comprises a part terraced, part detached retail unit over two floors. The ground floor comprises a retail area and consultancy room with the first floor used as a laboratory and staff accommodation with ancillary storage.
VAT is applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises a part terraced, part detached retail unit over two floors. The ground floor comprises a retail area and consultancy room with the first floor used as a laboratory and staff accommodation with ancillary storage.
VAT is applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reviews | |
|---|---|---|---|---|---|---|---|
| Ground First |
Retail Laboratory, Staff Accommodation and Ancillary |
141.30 sq m 130.60 sq m |
(1,521 sq ft) (1,406 sq ft) |
FALKIRK V ELIMITED (1)GUARANTEEDBY VISIONEXPRESS UKLIMITED | 10 years from 25/08/2011 until 24/08/2021 on a full repairing and insuring lease |
£62,500 |
25/08/2016 |
| Totals | 271.90 sq m |
(2,927 sq ft) |
£62,500 | ||||
1) For the year ending 31st December/2011 Vision Express (UK) Limited reported a turnover of £195,818,000, a pre-tax profit of £14,243,000 and a total net worth of £8,940,000 (Source: www.riskdisk.com 03/09/2012).
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