27-31 High St, Portfolio of 2 Commercial Units, Falkirk

Lot 62 · Future Property Auctions

£338,000guide price
14.1%gross yield
Commercial14.1% gross yield
27-31 High St, Portfolio of 2 Commercial Units, Falkirk
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6 year lease

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About this lot

Commercial Investment; OPENING BID; PART INCOME PRODUCING INVESTMENT Prime Town Centre Location situated On Busy Thoroughfare. 2 Full Buildings SUPERSIZE Over 6,500sq ft. Producing �47,500pa with one unit vacant.

Status: Available Type: Commercial Ownership: Freehold Occupation: Tenanted Rateable Value: Search PART INCOME PRODUCING INVESTMENT Prime Town Centre Location situated On Busy Thoroughfare. 2 Full Buildings SUPERSIZE Over 6,500sq ft. Producing �47,500pa with one unit vacant. 27 High Street Basement: 31.3sqm (337sq ft) Ground: 89.18sqm (960sq ft) 1st: 42.75sqm (460sq ft) 2nd: 43.47sqm (468sq ft) Total: 206.7sqm (2,225sq ft) 29/31 High Street (Santander) Basement: 27.96sqm (301sq ft) Ground: 169.45sqm (1,824sq ft) 1st: 108.13sqm (1,164sq ft) 2nd: 106.46sqm (1,146sq ft) Total:412sqm (4,435sq ft) Internally, partitions erected to form meeting room, teller desks, and wc facilities with access to the upper floors situated to the rear of the demise offering staff facilities and further stores. 29/31 High Street is held on a Full Repairing and Insuring head lease to Santander PLC expiring 21st October 2032 at a passing annual rent of �47,500p.a.x. 27 High Street currently vacant retail space The property comprises a 3 storey mid-terraced commercial development of steel framed construction. The property benefits from glazed windows at each floor to the front elevation with rear windows at 1st and 2nd floors. The ground floor comprises access to the units including the double frontage Santander bank and single frontage vacant commercial unit next door. Internally the bank is presented in…

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Key facts

62Lot number
CommercialUse class
FreeholdTenure
6 yearsLease remaining
6,660 sq ftFloor area
£48K/yrPassing income
18 June 2026Auction date

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