SALE BY ONLINE AUCTION 1ST OCTOBER 2020 AT 9.00AM. Presenting to market this outstanding opportunity to acquire a high yielding hot food takeaway investment in the Bainsford District of Falkirk. Immediately Income Producing, Let on a 5 Year Lease (June 2020) at £8,400 per annum.
· Rarely available high yielding investment**Tenant has re-fitted the premises and trades from multiple outlets throughout Scotland***Let for £8400 per annum***Must be Sold** ***Immediate 11.2% Rental Return at Guide Price***
· This Fully Fitted and fully Let Hot Food takeaway investment is circa 424 sq ft*** Prominent Location with Excellent investment Credentials*** Ideal for Commercial property investors & potentially perfect as a SIPP friendly purchase***
· The property is located on a prominent position on Main Street which is the main arterial route that connects with Grahams Road to the south which is one of Falkirk's principle routes to the town centre** Nearby occupiers include William Hill, The Carrondale Arms, Matalan, Co-op, Lidl and Greggs.
· This property is sure to be of interest to private & Professional investors alike*** Strong Yield on Immediate income producing investment***
Excellent Opportunity to acquire a **Fully Let retail unit (NEW 5 Year Lease from June 2020) in the popular Bainsford District circa half a mile north of Falkirk Town Centre*** Ideal High Yielding Investment Opportunity*** Tenant re-fitting premises and trading as a Hot Food Takeaway*** Let for £8400 per annum*** This equates to an 11.2% rental return at the guide price***Located on a prominent arterial route, this property is an ideal turnkey commercial investment opportunity***Perfect for private & Professional Commercial property investors looking to expand their portfolios*** This is a rare opportunity and is Likely to attract strong interest**
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BRIDGING FINANCE AVAILABLE ON THIS PROPERTY
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* 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.