8 High Street, Bonnybridge, Stirlingshire, FK4 1DA
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- SIZE
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- SECTOR
Commercial property for sale
Key features
- Commercial investment opportunity***Circa 2760 sq ft ***
- ***Well let double Fronted commercial unit in popular local parade***
- *** NEW commercial lease £20,000 per annum (Feb 24) *** Immediate Rental Yield of: 12%***
Description
Commercial investment opportunity***Circa 2760 sq ft ***Well let double Fronted commercial unit in popular local parade*** NEW commercial lease £20,000 per annum (Feb 24) *** Immediate Rental Yield of: 12%*** HIGH YIELDING INVESTMENT
***Property has been internally modernised & refurbished by Brand New Occupier*** Extensive refit*** All Rent up to Date*** Fabulous Restaurant / Bar Investment property*** Fabulous property in Prominent Location***
Very popular residential area: 64 Woodlea Gardens Sold £175k (April 24)** 38 Woodlea Gardens Sold £270k (April 24)** 6 Bonnyfield Road Sold £255k (April 24)** 17 Duncan Street Sold £198k (Feb 24)** 60 Woodlea Gardens Sold £301k (July 23)*** UPMARKET RESIDENTIAL AREA***
This property is located next to Well Maintained William Hill & Ladbrokes Bookmakers*** Fabulous parade of shops*** FULLY Refitted by great tenant (2024)*** VAT FREE INVESTMENT***
Turn key Investment opportunity*** Great Sized property in popular location with good tenant who has invested substantial amounts in refurbishing the premises*** All rent up to date*** Fabulous High Yielding Investment
Fantastic opportunity to acquire a well let Restaurant / Public House Investment property in popular local parade of shops in a sought after residential district in Bonnybridge. This property is being sold as a turnkey investment with Tenant in Situ---- ALL RENT UP TO DATE---- The subjects comprise two ground floor interlinked and symmetrical buildings used as a restaurant with a licensed beer garden to the rear. The properties are accessed via twin leafed recessed pedestrian doors which lead into the waiting areas. The entire property has undergone a full renovation to a high standard with a new bar, extensive dining area with booth seating. Office accommodation, customer and staff welfare facilities are provided.** The property is let on a new 10 year full repairing and insuring lease that commenced in February 2024, at a rent of £20,000 per annum. ***FULL LEASE DETAILS IN THE LEGAL PACK***The lease incorporates a tenant break option at the 5th anniversary. The rent is subject to an open market rent review on the 3rd anniversary.*** Bonnybridge itself comprises an established town within Central Scotland, lying astride the A803 road route, approximately 4 miles to the west of Falkirk and some 7 miles south of Stirling. The town's position within the central belt ensures that Bonnybridge benefits from excellent road communication links with Junction 1 of the M876 lying approximately 1 mile to the north. In addition, nearby Falkirk has the benefit of several mainline railway stations which provide direct access to Edinburgh, Glasgow and the North. Neighbouring occupiers include Scot-mid, William Hill, Ladbrokes, Premier & Dominos.***FABULOUS INVESTMENT OPPORTUNITY***
GUIDE PRICE: £165,000
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Brochures
8 High Street, Bonnybridge, Stirlingshire, FK4 1DA
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Larbert Station2.6 miles
- Camelon Station2.7 miles
- Falkirk High Station3.7 miles
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Notes
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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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