A purpose built parade of ten retail units, which benefits from loading to the rear and two large free to use car parks, one adjacent to B&M. The build is of concrete frame construction with facing brick elevations and a flat roof with felt covering.
The parade has a canopy running the frontage of the units and each property has a modern glazed aluminium shopfront. Internally, the units are regular in shape, benefit from modern fit-outs, with open plan sales areas at ground floor and storage/staff facilites at first floor, except units 2&3 which are ground floor only.
The auctioneers have not measured the property. All measurements have been provided by the vendor.
Grangemouth is a town in East Stirlingshire and is part of the Falkirk council area of Scotland. The town lies in Forth Valley, on the banks of the Firth of Forth, 3 miles east of Falkirk, 13 miles south-east of Stirling and approximately 21 miles from both Glasgow and Edinburgh. The town is well located on the Central Belt of Scotland and is accessed from both Glasgow and Edinburgh via the M9.
The parade is situated within Grangemouth town centre which comprises the pedestrainised La Porte Precinct, York Arcade, Talbot Street and York Lane. The subject parade occupies a prominent corner position where La Porte Precinct joins Talbot Street.
A summary of the current tenancy position is below. For a full copy of the current tenancy schedule please refer to the legal pack.
Falkirk Council (01324 506070) www.falkirk.gov.uk
Held leasehold from Falkirk Council, expiring 16 December 2144, thus having 122.5 years unexpired.
The ground rent is variable and typically equates to 20% of the rents receivable from occupational tenants.
For full information please refer to the legal pack.
Please refer to Legal Pack
Buyers are strongly advised to read these terms and conditions, and check the Special Conditions and any applicable Addendum, prior to bidding on a Lot. Additional costs, charges and encumbrances may apply for Buyers once they have made a successful bid in relation to a property.