142 High Street Falkirk FK1 1NR

  • 142 High Street<br>Falkirk<br>FK1 1NR

142 High Street
Falkirk
FK1 1NR

Heritable Betting Shop Investment

  • 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
    Withdrawn Post
  • Price
     
  • Auction Venue
    Live Streamed Auction
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Heritable Betting Shop Investment

  • 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  • Status Withdrawn Post
  • Price  
  • 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.

Tenancy & Accommodation

Floor Use Floor Areas
Approx sq m (1)
Floor Areas
Approx sq ft (1)
Tenant Term Rent p.a.x.
Ground
First
Second
Retail
Ancillary
No Access
168.14
130.15
-
(1,810)
(1,401)
(-)
LADBROKES BETTING & GAMING LIMITED (t/a Coral) (CRN: 00775667) (2) A term of years expiring 27/08/2026
£25,000
Total Approximate Floor Area  
298.29
(3,211)
   
£25,000

(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.

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Mhairi ArchibaldMhairi Archibald +44 (0)7718 899 341 Mhairi.archibald@acuitus.co.uk
Seller's Solicitors
Mitchells Roberton George House, 36 North Hanover Street
Glasgow
G1 2AD
Ken Gerber 0141 552 3422ksg@mitchells-roberton.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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