Lock Up Garages at Alma Street, Falkirk, Stirlingshire, FK2 7HE

  • Unconditional Online Auction Sale
  • Guide Price* : £55,000

FOR SALE BY ONLINE AUCTION THURSDAY 14TH JULY AT 9.00AM. 0.25 acre plot with 14 lock up garages in a desirable residential location in Falkirk town centre. Rare and potentially high yielding investment opportunity.

Description

FOR SALE BY ONLINE AUCTION THURSDAY 14TH JULY AT 9.00AM. 0.25 acre plot with 14 lock up garages in a desirable residential location in Falkirk town centre. Rare and potentially high yielding investment opportunity.

• Investment / Development Opportunity to buy a portfolio of dilapidated garages in a 100% Prime Residential Location within Falkirk town centre***Possible Potential development site in Highly Desirable district*** Seldom brought to the market***

• Located within a high density residential district, these garages offer a rare & potentially high yielding opportunity. Ideal for refurbishment and thereafter letting as garages or small workshops***Possible Potential Residential development opportunity (subject to planning & consents)***

• ***This is a once in a lifetime Opportunity*** 71 Alma Street Sold £310k (July 17)***33 Alma Street Sold £210k (Nov 21)***31 Alma Street Sold £230k (Oct 2020)*** HIGH VALUE RESIDENTIAL DISTRICT

• Unique opportunity to purchase a medium site circa 0.25 acre in popular location containing a number of dilapidated garages*** Surrounded by residential properties this property offers a plethora of potential uses.

• Easily accessible location down on Alma Street** Excellent Storage or Investment potential *Fabulous Opportunity: For Local Investor / Developer*
A rare opportunity to purchase a portfolio of lock up garages within popular residential district in Falkirk town centre*** If the garages were refurbished, there could be in excess of 14 new lock up garages on site - This is all subject to consents and estimated values***Excellent possible development potential***High Density Location ***100% PRIME AND RARE PROPERTY*** The expected rental value of a new garage unit in this location is £125pcm equating to an annual combined income of £21,000***

• Falkirk is a large town in Stirlingshire, with over 160,000 inhabitants and is an ideal commuter town given its proximity and ease of transport to the cities of Glasgow, Edinburgh and Stirling.

To view legal documents for all properties, and to register for our online auctions please visit our website.

Purchases are subject to a Buyer’s Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup/Special Conditions in the Legal pack to confirm.

Key Feature 1

Lock Up Garages in Falkirk Town Centre

Key Feature 2

14 Garages on 0.25ac Land - In Need of Refurbishment

Key Feature 3

Potential Annual Rental Value of £21,000

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. 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.

Loading the bidding panel...

Submit Offer Now

Agreement Documents

Legal Documents

Log in to view legal documents

Share