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3 Princes Street, Falkirk, FK1 1LS

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£300,000

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Guide Price

£300,000

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Commercial Development

Commercial

Vacant

3 Princes Street, Falkirk, FK1 1LS

Excellent Commercial Refurbishment Opportunity

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Description

  • We are excited to present this excellent commercial development opportunity, situated in a prime location in Falkirk. 

  • Property requires full renovation. Sure to appeal to shrewd commercial investors looking for a large unit they can put their own stamp on. 

  • For rental purposes, once renovated the property could potentially attract a monthly rent of £40,000 - £50,000 per annum. Excellent yield potential.

  • Property could potentially lend itself for change of use class, subject to gaining necessary permissions. Sure to appeal to investors / developers looking for a rarely available commercial unit in a location with high footfall.

  • Property is situated in a prime location in Falkirk Town Centre and is just a short 4 minute walk from Falkirk Train Station - **PRIME LOCATION**

PRIME NEW Entry. We are excited to present this large, rarely available commercial unit, situated in a prime location in Falkirk.

Property comprises:large, empty underground bar and club with lots of development potential. Includes office space and toilet facilities.

Property is located in a fantastic central location and close to local amenities, benefiting from high passing trade.

Rental potential of £40,000 - £50,000 per annum once renovated. Excellent yield potential

Property is due for auction in our upcoming timed online auction. For details on registration, please contact the team.

Property is available for immediate purchase. Should you wish to place an offer today, you can do so via our online offer form. For further details, please contact the sales office.

Location

Falkirk is a historic town in central Scotland, positioned roughly midway between Glasgow and Edinburgh, making it a well-connected hub for commuters and businesses alike. It has a rich heritage dating back to Roman times, with the Antonine Wall, a UNESCO World Heritage Site, running through the area. Today, Falkirk is known for its striking modern landmarks, including The Falkirk Wheel, a unique rotating boat lift linking the Forth and Clyde Canal with the Union Canal, and The Kelpies, two giant horse-head sculptures that have become iconic symbols of Scotland. The town also offers a mix of shopping, schools, leisure facilities, and green spaces, blending history with contemporary living.

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Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£40,800

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.