Commercial investment opportunity***Circa 2760 sq ft ***Well let double fronted commercial unit in popular local parade*** Commercial lease £20,000 per annum (Feb 24) *** Immediate Rental Yield of: 12%*** HIGH YIELDING INVESTMENT Description FOR SALE BY ONLINE AUCTION WEDNESDAY 26th of February 2025 AT 9.00AM · Commercial investment opportunity***Circa 2760 sq ft ***Well let double fronted commercial unit in popular local parade*** NEW commercial lease £20,000 per annum (Feb 24) *** Immediate Rental Yield of: 12%*** HIGH YIELDING INVESTMENT ***Property has been internally modernised & refurbished by Brand New Occupier*** Extensive refit*** All rent up to date*** Fabulous Restaurant / Bar Investment property*** Property in Prominent Location*** Very popular residential area: 64 Woodlea Gardens Sold £175k (April 24) 38 Woodlea Gardens Sold £270k (April 24) 6 Bonnyfield Road Sold £255k (April 24) 17 Duncan Street Sold £198k (Feb 24) 60 Woodlea Gardens Sold £301k (July 23) *** UPMARKET RESIDENTIAL AREA*** ·This property is located next to well maintained William Hill & Ladbrokes Bookmakers*** Fabulous parade of shops*** FULLY Refitted by great tenant (2024) *** VAT FREE INVESTMENT*** Turn key Investment opportunity*** Great Sized property in popular location with good tenant who has invested substantial amounts in refurbishing the premises *** All rent up to date*** Fabulous High Yielding Investment Fantastic opportunity to acquire a well let Restaurant / Public House Investment property in popular local parade of shops in a sought after residential district in Bonnybridge. This property is being sold as a turnkey investment with Tenant in Situ---- ALL RENT UP TO DATE---- The subjects comprise two ground floor interlinked and symmetrical buildings used as a restaurant with a licensed beer garden to the rear. The properties are accessed via twin leafed recessed pedestrian doors which lead into the waiting areas. The entire property has undergone a full renovation to a high standard with a new bar, extensive dining area with booth seating. Office accommodation, customer and staff welfare facilities are provided.** The property is let on a new 10 year full repairing and insuring lease that commenced in February 2024, at a rent of £20,000 per annum. ***FULL LEASE DETAILS IN THE LEGAL PACK*** The lease incorporates a tenant break option at the 5th anniversary. The rent is subject to an open market rent review on the 3rd anniversary.*** Bonnybridge itself comprises an established town within Central Scotland, lying astride the A803 road route, approximately 4 miles to the west of Falkirk and some 7 miles south of Stirling. The town's position within the central belt ensures that Bonnybridge benefits from excellent road communication links with Junction 1 of the M876 lying approximately 1 mile to the north. In addition, nearby Falkirk has the benefit of several mainline railway stations which provide direct access to Edinburgh, Glasgow and the North. Neighbouring occupiers include Scot-mid, William Hill, Ladbrokes, Premier & Dominos.***FABULOUS INVESTMENT OPPORTUNITY*** GUIDE PRICE: £165,000 To view legal documents for all properties, and to register for our online auctions please visit our website. Purchases are subject to a Buyer’s Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup/Special Conditions in the Legal pack to confirm. Please note that as per the Estate Agents Act 1979 the vendor of the property is a connected party. Key Feature 1 Commercial Investment Opportunity***Circa 2760 sq ft *** Key Feature 2 ***Well let double fronted commercial unit in popular local parade*** Key Feature 3 *** Commercial lease £20,000 per annum (Feb 24) *** Immediate Rental Yield of: 12%***