65 High Street Falkirk Scotland FK1 1DD

65 High Street
Falkirk
Scotland
FK1 1DD

Heritable Retail Investment

Let to Savers Health and Beauty Limited
Pedestrianised town centre location
Adjacent to former Marks & Spencer and Wilko
Close to the entrance to the Howgate Shopping Centre
Other nearby occupiers include Sports Direct, Caffè Nero, Holland & Barrett and Costa

Lot
77
Auction
5th December 2018
Rent
£132,989 per Annum Exclusive
Status
Sold
Price
£445,000
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

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Heritable Retail Investment

Let to Savers Health and Beauty Limited
Pedestrianised town centre location
Adjacent to former Marks & Spencer and Wilko
Close to the entrance to the Howgate Shopping Centre
Other nearby occupiers include Sports Direct, Caffè Nero, Holland & Barrett and Costa

Lot 77
Auction 5th December 2018
Rent £132,989 per Annum Exclusive
Status Sold
Price £445,000
Sector
High Street Retail
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Property Information

Location

Miles: 22 miles east of Glasgow; 25 miles west of Edinburgh; 11 miles south of Stirling
Roads: A803, A904, M9 (Junction 6), M876 (Junction 1)
Rail: Falkirk Grahamston Railway Station
Air: Edinburgh International Airport

Situation

The property is prominently situated on the south side of the pedestrianised High Street, adjacent to Wilko and close to the entrance to the Howgate Shopping Centre, where retailers include Boots, River Island, JD Sports and New Look. Other nearby occupiers include Sports Direct, Caffè Nero, Holland & Barrett and Costa.

Tenure

Heritable. (Scottish Equivalent of English Freehold).

Location

Miles: 22 miles east of Glasgow; 25 miles west of Edinburgh; 11 miles south of Stirling
Roads: A803, A904, M9 (Junction 6), M876 (Junction 1)
Rail: Falkirk Grahamston Railway Station
Air: Edinburgh International Airport

Situation

Tenure

Heritable. (Scottish Equivalent of English Freehold).

Description

The property comprises a ground floor retail unit with ancillary and storage at basement, first and second floors. The property fronts onto the High Street and extends to the back of the Howgate Shopping Centre.

VAT

VAT is applicable to this lot.

EPC

Band F (Scotland). See legal pack at acuitus.co.uk.

Description

VAT

VAT is applicable to this lot.

EPC

Band F (Scotland). See legal pack at acuitus.co.uk.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reversion
Ground First Second	Retail Ancillary Ancillary	343 sq m 293 sq m 76 sq m	(3,692 sq ft) (3,154 sq ft) (818 sq ft)	SAVERS HEALTH AND BEAUTY LIMITED t/a Savers (1)	15 years from 16/12/2005 on a full repairing and insuring lease	£132,989	15/12/2020
Total		712 sq m	(7,664 sq ft)			£132,989

(1) Savers was founded in 1988 and currently operates from over 380 stores throughout the UK, employing over 3,000 personnel (www.savers.co.uk). Savers Health and Beauty Limited is ultimately owned by CK Hutchison Holdings Limited.