Property for sale
Property description & features
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Vacant
- AUCTION DATE: 02 May 2024
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)
Established coffee shop in central Falkirk facing Costa Coffee and O2. Trading as the Corner Café. Let on a 10 year lease from June 2018 - June 2028 option of break after 5 years (June 2023). Annual income of £13,000 per annum. Two months rental deposit held by owner(s). Tenant has spent around £25,000- £30,000 on décor and flooring. Great spot just off the main street with open aspects on the corner of Kirk Wynd and Manor Street. Surrounded by occupied commercial. FALKIRK TOWN CENTRE RETAIL PROPERTY - WAS SOLD £165,000 (MAY 2016). Occupiers close by include Betfred, Subway, O2, Vodafone, TUI Holiday Store, Superdrug, Costa, Ladbrokes and the Howgate Centre. The property is situated on the corner of Manor Street, between its junctions with Kirk Wynd and Wooer Street, which runs parallel to the High Street. Tenant: Cocoa Club Limited Term: 10 yrs (Expiry 30th June 2028) Tenant Break: June 2023 Rent: £13,000 per annum.
Auction Details
02 May 2024, 10am-3pm
Timed Online Auction
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength: obtained from Ofcom on December 21, 2023
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Clear: No bars, no signal predicted
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Energy Performance data and Internal floor area
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