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75-77 High St

3,196 SF 100% Leased Retail Building Falkirk FK1 1ES $400,062 CAD ($125 CAD/SF) 9.07% Cap Rate

Investment Highlights

  • Situated on the south side of High Street
  • Large 3 storey mid-terraced building of traditional sandstone construction
  • Close to its junction with Kirk Wynd within the main commercial thoroughfare of Falkirk’s town centre

Executive Summary

Retail investment for sale. Offers Over £225,000 with an attractive Net Initial Yield of 9.07%. Let to Luxury Leisure.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
3,196 SF
Building Class
B
Year Built
1850
Price
$400,062 CAD
Price Per SF
$125 CAD
Cap Rate
9.07%
NOI
$36,286 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.46
Land Acres
0.03 AC
Frontage
29 ft on High St

Amenities

  • Security System
  • Energy Performance Rating - E
  • Storage Space

Nearby Major Retailers

Costa Coffee
eurochange
Santander
Clydesdale Bank
ASDA
Kings
Bank of Scotland
Caffe Nero
the food WAREHOUSE
Tesco Superstore
  • Listing ID: 32980688

  • Date on Market: 2024-08-28

  • Last Updated:

  • Address: 75-77 High St, Falkirk FK1 1ES

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