Your email has been sent.
95 High St 400 sq ft Retail Unit Offered at £130,000 in Tillicoultry FK13 6DL
INVESTMENT HIGHLIGHTS
- Located centrally in Tillicoultry
- Close proximity to Alloa railway station
EXECUTIVE SUMMARY
The subjects comprise a ground floor takeaway within a 2 storey red sandstone building. The upper floor appears to be residential in nature. The subject property occupies a prominent location on the southern side of High Street, close to its junction with Moss Road (A908), forming part of Tillicoultry’s principal commercial centre.
PROPERTY FACTS
| Total Property Size | 475 sq ft | Floors | 2 |
| Property Type | Retail (Unit) | Typical Floor Size | 475 sq ft |
| Property Subtype | Shopfront | Year Built | 1902 |
| Costar Property Class | B |
| Total Property Size | 475 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront |
| Costar Property Class | B |
| Floors | 2 |
| Typical Floor Size | 475 sq ft |
| Year Built | 1902 |
1 UNIT AVAILABLE
Unit 95
| Unit Size | 400 sq ft | Sale Type | Investment |
| Price | £130,000 | Tenure | Freehold |
| Price Per sq ft | £325.00 | Net Initial Yield | 10.00% |
| Unit Use | Retail | NOI | £13,000 |
| Unit Size | 400 sq ft |
| Price | £130,000 |
| Price Per sq ft | £325.00 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 10.00% |
| NOI | £13,000 |
DESCRIPTION
The subjects comprise a ground floor takeaway which is accessed via a single aluminium framed pedestrian door and leads into the sales area. The commercial kitchen is, as expected, fitted out to a professional standard with extract ventilation and a range of stainless steel sink units, utility basins and fitments. A comprehensive range of floor and wall mounted style units are installed with appropriate worktops. The floor is covered in tiles, walls covered with PVC and stainless steel splashbacks. A cold store and WC are provided to the rear of the takeaway. There are 2 outbuildings to the rear and are used for storage.
SALE NOTES
The property is let on a new 20 year FRI lease that commenced in August 2025 at a rent of £13,000 per annum. The rent is subject to an upward only open market review in February 2028 and then 5 yearly. There is a minimum 10% uplift in rent at each review. There are no lease break options.
Kitchen
Counter
Kitchen
Kitchen
Kitchen
NEARBY MAJOR RETAILERS
Presented by
95 High St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.