Britton Property.
For Sale
75-77 High Street, Falkirk FK1 1ES
Attractive Town Centre Investment
Let to Luxury Leisure
Rent: £20,833 pa
Expiry: 18th April 2033 (no break options)
Offers Invited
Viewing strictly by appointment with BRITTON PROPERTY
Andrew Britton
T. 07990 505 421
E. andrew@brittonproperty.co.uk
The subject’s occupy a prime position on High Street within the town of Falkirk. Falkirk has a central location within Scotland and excellent road connectivity, with easy access to Junction 7 of the M80 and Junction 6 of the M9, both within a 5-mile radius. These junctions provide convenient links to major road networks across the country. The town also offers nearby access to public transportation, with Falkirk Grahamston railway station and regular bus services available nearby.
Positioned in Falkirk's town centre, the property occupies a prominent pitch on Falkirk’s main retailing thoroughfare. Surrounding occupiers are a vibrant mix of local and national businesses, including renowned names such as Boots, Specsavers, Caffé Nero and Vodafone.
The subjects form the ground, first and attic floors of a 3 storey building of stone construction. The property benefits from a large glazed double frontage.
Internally the unit provides a large open plan sales area to the front of the property ,with a café situated towards the rear. The upper floor is used for additional storage accommodation.
The premises extend to the following approximate areas:
Ground Floor: 2,044 sq ft / 189.89 sqm
First Floor: 1,152 sq ft / 107.2 sqm
The subjects are let to Luxury Leisure t/a Admiral Casinos on a full repairing and insuring lease with a schedule of condition. The passing rent is £20,833 per annum with a lease expiry on 18th April 2033. There shall be an open market rent review on the 5th anniversary.
Offers invited
On application.
Each party to be responsible for their own legal and professional costs incurred in this transaction. For the avoidance of doubt the ingoing tenant will be responsible for Land & Buildings Transaction Tax (LBTT), registration dues and any VAT payable thereon.
Britton Property is a niche, independent retail and leisure consultancy, providing professional and bespoke advice to clients.