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Retail Development Site With Design & Build Option, 52 - 58 Grahams Road, Falkirk, FK1 1HN

0.45 acres / Land / Mixed Use

For Sale - £400,000.00

To Let

Available - Last updated: 27 September 2023

The subjects comprise a high profile commercial development site which extends to approximately 0.18 hectars (0.45 acres). The site has historically held consent for the construction of the retail units totalling 8000 sq ft together with associated parking and more recently has permission for the construction of a stand alone restaurant and take-away unit under reference P/17/0017/FUL.

While these consents have now lapsed the subject represents and extremely well located development opportunity which offers a varity of roadside development options, subject to a new consent.

Location

The subjects occupy a high profile postion on the western side of Grahams Road, immediately adjacent to the principal entrance to Falkirks popular Central Retail Park which accommodates such occupiers as Tesco’s, Next, Boots, Cineworld, McDonalds and a Bannatynes Health and Fitness Club, providing 1400 free car parking spaces.

The site enjoys a prominent main road frontage to Grahams Road which comprises the main access throughfare into Falkirk town centre from the North, as well as to Central Retail Park, the subjects therefore enjoying high levels of passing traffic.

Falkirk itself comprises an important town within central Scotland, forming the main administrative centre for the surrounding district and as such provides extensive retail, leisure and local government facilities. The area has a resident population of 160 000 persons with the town itself having approximately 36 000.

Accommodation

Site which extends to approximately 0.18 hectars (0.45 acres)

Terms

LEASE TERMS: The subjects are available for sale as a development site however our client will also consider design and build options on a pre-let basis, dependant upon covenant and lease terms.

For further information in respect of design and build oppourtunities please contact the Marketing Agents.

RATES: With regard to the Scottish Assessors website we note that the subjects are currently entering the valuation roll at a rateable value £4,750.

PRICE: Offers of £400,000 are invited for the benefit of our clients feudal equivalent interest.

LEASE TERMS: All design and build options are availbvale on the basis of a new full repairing and insuring lease, for a minimum period of 10 years, subject to appropriate rent review provisions.

VIEWING: Strictly by appointment through the sole marketing agents.

VAT: All figures quoted are exclusive of any VAT which maybe chargeable.

LEGAL EXPENSE: Each party will be responsible for the payment of their own legal costs. Any incoming tenant will be responsible for the payment of all LBTT, registration dues and VAT incurred.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Offers of For Sale Freehold £400,000.00 NA
Available on application To Let NA NA

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Michael McIntyre

DM Hall

01324 910074

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