36-48 Forth Street, Stirling, Stirling, FK8 1UF

  • Unconditional Online Auction Sale
  • Guide Price* : £350,000

FOR SALE BY ONLINE AUCTION THURSDAY 6TH OCTOBER Fantastic opportunity to purchase a substantial multi-let investment opportunity in Stirling with ample parking. All of the properties are tenanted and achieving a combined annual rental income of £44,000 achieving a yield of 12.5% at guide price

Description

FOR SALE BY ONLINE AUCTION THURSDAY 6TH OCTOBER Fantastic opportunity to purchase a substantial multi-let investment opportunity in Stirling with ample parking. All the properties are tenanted and achieving a combined annual rental income of £44,000 achieving a yield of 12.5% at guide price

• Highly desirable commercial location

• Fantastic multi-let investment opportunity

• Brilliant investment opportunity delivering a rental income of £44,000pa and achieving an attractive yield of 12.5% at guide price

The properties are all tenanted:

• 36 – 38 Forth Street - £12,000 p.a. (10 year lease with 5 year break option in 2027)
• 40 – 46 Forth Street - £18,000 per annum
• 48 Forth Street - £14,000 p.a. (Leased until 31/12/2025)

36 Forth Street - 283 m2
38 Forth Street – 133.65m2
40 - 46 Forth Street – 911.7m2
48 Forth Street – 320.74m2

*** Stirling train station is an 8 minute walk away (0.4 miles) ***

Stirling is a city in central Scotland. The City is reputed to be the third fastest growing area of Scotland in terms of population. Stirling is well located in central Scotland being easily accessable from Glasgow, Edinburgh and Perth. The city benefits from having good good transport links to including a mainline railway, bus depot and easy access to the M9 and M80 motorways.

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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. All prices quoted are exclusive of VAT.

Key Feature 1

Substantial multi-let investment opportunity

Key Feature 2

All properties are currently tenanted

Key Feature 3

Highly desirable commercial location

* 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.

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