SALE BY ONLINE AUCTION. 20TH DECEMBER 2019 AT 9.00AM.
Online Property Auctions Scotland are delighted to offer this single fronted ground floor shop premises in the Bainsford area of Falkirk. The property sits next to a Chinese take away and below a residential flat. A fantastic low cost purchase with great potential.
• Outstanding opportunity to acquire a compact retail unit in the popular Bainsford District of Falkirk ** MASSIVE DISCOUNT TO ESNURE SALE** Potential High Yielding investment / trading opportunity ** Expected Yield in excess of 20%
• Rarely available potentially high yielding opportunity***Estimated Rental Levels of £350pcm (£4200 per annum)***Must be Sold*** Great internal condition***Potential 15% Rental Return at Guide Price***
• 98 Grahams Rd Sold £328k (Nov 18)**206 Grahams Rd 2nd floor sold £80k (June 18)**30 Grahams Rd Sold £120k (March 18)**156 Grahams Rd Sold £35k (Nov 17)**124 Grahams Rd Sold £180k (Oct 17)***All Commercial Sales***
• The property is located on a prominent position at the corner of Grahams Road & Dalderse Avenue*** Ideal for small owner occupier business*** Office, coffee shop, hairdresser / barber shop are all ideal potential uses for the subjects***
• This property is sure to be of interest to small builders / Developers and Investors looking for undervalued property with potential high yield***
Rare Opportunity to acquire a compact retail unit at a heavily discounted price in the popular Bainsford District circa half a mile north of Falkirk Town Centre*** Ideal for small owner occupier business*** Office, coffee shop, hairdresser / barber shop are all ideal potential uses for the subjects*** Estimated Achievable rental figures of £350pcm (£4200 per annum) This would equate to a 23% rental return at the guide price***Located on a prominent arterial route, this property would be an ideal purchase for a small builder / developer as an affordable potential development project***This property would be an ideal investment opportunity for small property investors looking to expand their commercial portfolios***This is a rare opportunity and is Likely to attract strong interest**
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
This buy-it-now lot is now closed.
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