Property Details

124 Grahams Road
Falkirk, Falkirk Town

Offers over£185,000

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PropertyDescription

LOCATION

The town of Falkirk is situated in central Scotland approximately 23 miles north-west of Edinburgh and 20 miles north-east of Glasgow.  It enjoys excellent connectivity due to its close proximity to both the M9 and M80 whilst the train station provides regular rail services.

Grahams Road is to the north of the town centre and is a busy thoroughfare comprising of a mixture of commercial and residential properties.  The subjects sit on the north side of the street between the junctions of Wallace Street and Gowan Avenue. 

Falkirk Retail Park is in fairly close proximity along with other local amenities including a pharmacy, hair salon, café and hot food takeaway.    

DESCRIPTION

The subjects comprises of a two-storey property with an attic conversion.  The commercial element of the property is contained on the ground floor and consists of a fully fitted takeaway premises with double frontage making it highly visible to passing traffic and footfall.    There is a large counter/serving area to the front with space for seating if that was required. 

To the rear of the unit there is a kitchen/food prep area with full extraction, storage and WC.  The premises were previously occupied by a fish and chip/Chinese takeaway operator so there is a range of usable fixtures and fittings including deep fat fryers and gas burners.

The flat, which benefits from separate access, is situated at first floor with an internal staircase leading up to an attic conversion.  It comprises of a master bedroom, two double bedrooms, single bedroom, study, a large living room, family bathroom, fully fitted kitchen and WC.  It presents excellent owner-occupier accommodation or, alternatively, could be let separately.

ACCOMMODATION

According to our recent measurement survey the premises contain the following approximate gross internal areas:

Hot Food Takeaway:         86.13 sq m     (927sq ft )

Flat:                                206.86 sq m   (2,227 sq ft)   

Total Approx GIA:         292.99sq m   (3,154 sq ft)                

PRICE

Our client is seeking offers over £185,000 for the heritable interest in the subjects.

RATEABLE VALUE

According to the Scottish Assessor’s website (www.saa.gov.uk) the subjects have a Rateable Value of £8,200. The proposed Rateable Value effective from 1st April 2017 is £12,100. The uniform business rate for the current year is £0.484 pence in the pound. 

Occupiers may be eligible for rates relief through the Small Business Bonus Scheme if the combined rateable value of all their business premises in Scotland is £35,000 or less.

COUNCIL TAX BAND: C

UTILITIES

Both properties are separately metered for mains electricity, gas and water.

ENERGY PERFORMANCE CERTIFICATE

The Energy Performance Certificate rating is G.

A copy of the recommendation report is available on request.

LEGAL COSTS

Each party shall bear their own legal costs in the preparation of the lease with the eventual purchaser liable for any Registration Dues or LBTT thereon.

ENTRY

Upon completion of a formal missive under Scots Law.

VIEWING AND FURTHER INFORMATION

By appointment through the sole selling agent, IME Property Ltd.

PropertyOverview

  • Property ID:P277
  • Postal Code: FK2 7BZ
  • Status:For Sale
  • Type: commercial
  • Class:3 (Food & Drink)
  • Property Size:3,154 sq ft
  • Price:£185,000

ExtraInformation

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