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Property for sale
150 – 152 Grahams Road Falkirk FK2 7BY
£115,000
150 – 152 Grahams Road Falkirk FK2 7BY
£115,000
Our Summary
- We are excited to present this Fantastic Commercial Investment Opportunity located within a prime location in Falkirk ***GUIDE PRICE OF £115,000*** Property Comprises a former bar, the Star Inn, over 2 floors, with the potential to produce a STAGGERING gross annual income of £48,000 per annum, churning a gross yield of 41
- *** POTENTIALLY HIGH YIELDING COMMERCIAL OPPORTUNITY *** The top floor of the property has potential to be converted into 2 residential units, a 1 bed and a 2 bed flat
- Subject to necessary planning permission and consents
- Sure to appeal to builder/investors looking for Rare Auction property
- *** RARE INVESTMENT OPPORTUNITY *** We are excited to present this Fantastic Commercial Investment Opportunity located within a prime location in Falkirk ***GUIDE PRICE OF £115,000*** Property Comprises a former bar, the Star Inn, over 2 floors, with the potential to produce a STAGGERING gross annual income of £48,000 per annum, churning a gross yield of 41
- *** POTENTIALLY HIGH YIELDING COMMERCIAL OPPORTUNITY *** The top floor of the property has potential to be converted into 2 residential units, a 1 bed and a 2 bed flat
- *** POTENTIALLY HIGH YIELDING COMMERCIAL INVESTMENT OPPORTUNITY *** Property has VAST POTENTIAL and is located on a busy main street in Falkirk attracting impressive footfall
- *** RARE INVESTMENT OPPORTUNITY *** This lot is open to immediate offers
- This property is offered at a fantastic price to ensure an Auction sale
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
Description
This fantastic commercial investment opportunity is located in a prime location in Falkirk, with a guide price of £115,000. The property, formerly a bar, has the potential to produce a staggering gross annual income of £48,000, churning a gross yield of 41.7% if purchased at the guide price. The top floor has the potential to be converted into two residential units, a 1-bedroom and a 2-bedroom flat, subject to necessary planning permission and consents. If converted, the two residential units could generate an impressive gross yield of 53.3% if achieved, based on a 70% occupancy rate and £120 per night. The property has vast potential and is located on a busy main street in Falkirk, attracting impressive footfall. This rare investment opportunity is open to immediate offers and will feature in an upcoming timed online auction.