Property photos
Auction
Freehold
Guide price
£115,000
Land for sale
Grahams Road, Falkirk FK2Local area information
Property location
Nearby amenities
- St Mungo's RC High School 0.3 miles
- Falkirk Grahamston 0.3 miles
- St Francis Xavier's RC Primary School 0.4 miles
- Falkirk High 1.1 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- 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 41.7% if purchased for a guide price of £115,000. *** 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.
- If converted, the 2 residentials, could present an excellent opportunity for serviced accommodation, potentially returning £61,320 per annum based on £120 per night and a 70% occupancy rate. Subject to gaining necessary planning consents. This would generate an impressive gross yield of 53.3% if achieved for a guide price of £115,000.
- Property has vast potential and is located on a busy main street in Falkirk attracting impressive footfall. *** 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 41.7% if purchased for a guide price of £115,000. *** potentially high yielding commercial opportunity ***
- The top floor of the property has potential to be converted into a residential dwelling. Subject to necessary planning permission and consents. Sure to appeal to builder/investors looking for Rare Auction property.
- If converted, the residential unit could present an excellent opportunity for serviced accommodation, potentially returning £35,040 per annum based on £120 per night and a 80% occupancy rate. Subject to gaining necessary planning consents. This would generate an impressive gross yield of 30.4% if achieved for a guide price of £115,000.
- Property has vast potential and is located on a busy main street in Falkirk attracting impressive footfall. *** 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 41.7% if purchased for a guide price of £115,000.
*** potentially high yielding commercial opportunity ***
The top floor of the property has potential to be converted into a residential dwelling. Subject to necessary planning permission and consents. Sure to appeal to builder/investors looking for Rare Auction property.
If converted, the residential unit could present an excellent opportunity for serviced accommodation, potentially returning £35,040 per annum based on £120 per night and a 80% occupancy rate. Subject to gaining necessary planning consents.
This would generate an impressive gross yield of 30.4% if achieved for a guide price of £115,000.
*** 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. Should you wish to offer now, you can do so via our “Offer Now” button on our website.
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. For further details on how to have a bidding account created please contact the team.
Location:
Falkirk is a vibrant town located in central Scotland, known for its rich history, modern attractions, and excellent connectivity. Positioned between Edinburgh and Glasgow, Falkirk offers the best of both worlds: A peaceful, family-friendly environment with easy access to two of Scotland's major cities. With its blend of historical landmarks, green spaces, and modern amenities, Falkirk is an attractive place to live for a wide range of residents.
Falkirk's central location makes it highly accessible. The town is well-connected by road, with the M9 and M876 motorways providing direct links to both Edinburgh and Glasgow. Falkirk High and Falkirk Grahamston railway stations offer regular train services to both cities, making it a convenient location for commuters. Local bus services also ensure easy access to surrounding towns and villages.
The town centre itself boasts a wide variety of shops, restaurants, and cafes, with Howgate Shopping Centre offering high street brands and independent retailers. Falkirk is also home to a range of cultural and entertainment venues, including the Falkirk Town Hall, which hosts performances, concerts, and community events.
Floor plans and tours
Floor plans (1)
Tours (1)
1 virtual tour available
Step inside the property with a virtual tour or video walkthrough.
More information
Listed by
Prime Property Auctions
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