Let to Ladbrokes Betting & Gaming Limited (t/a Coral)
Re-based Rent from £40,000
Attractive and Popular Pedestrianised Town Centre Location
Opposite Howgate Shopping Centre
Nearby Occupiers include Boots, Savers, Poundstretcher, Caffe Nero, Timpson and Holland & Barrett
Lot 41
Auction 9th July 2024
Rent £25,000 per Annum Exclusive
Status Available
Guide* £200,000 - £220,000
Sector High Street Retail
Auction Venue Live Streamed Auction
Property Information
Location
Miles
22 miles east of Glasgow, 25 miles west of Edinburgh
Roads
A803, A904, M9 (Junction 6)
Rail
Falkirk Grahamston Station and Falkirk High Station (both direct to Edinburgh in approximately 35 minutes)
Air
Edinburgh Airport
Situation
The property is located on the north side of the busy pedestrianised High Street, opposite the main entrance to Howgate Shopping Centre. Neighbouring occupiers include Boots, Savers, Poundstretcher, Caffe Nero, Timpson and Holland & Barrett.
Tenure
Heritable.
Location
Miles
22 miles east of Glasgow, 25 miles west of Edinburgh
Roads
A803, A904, M9 (Junction 6)
Rail
Falkirk Grahamston Station and Falkirk High Station (both direct to Edinburgh in approximately 35 minutes)
Air
Edinburgh Airport
Situation
The property is located on the north side of the busy pedestrianised High Street, opposite the main entrance to Howgate Shopping Centre. Neighbouring occupiers include Boots, Savers, Poundstretcher, Caffe Nero, Timpson and Holland & Barrett.
Tenure
Heritable.
Description
The property is a Grade B listed building and comprises retail accommodation on the ground floor with ancillary accommodation on the first floor. There is no internal access between the first and second floors.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property is a Grade B listed building and comprises retail accommodation on the ground floor with ancillary accommodation on the first floor. There is no internal access between the first and second floors.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
(1) The floor areas stated have been taken from the Scottish Assessors Association (www.saa.gov.uk) (2) For the year ending 31/12/2022, Ladbrokes Betting & Gaming Limited reported a turnover of £1,033,140,000, a pre-tax profit of £54,369,000 and a net worth of £1,153,650,000 (Northrow: 19/06/2024)
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
