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28-58 La Porte Precinct
Grangemouth FK3 8BG

Retail Property For Sale · 19,468 SF

Investment Highlights

  • Let to Boots UK Limited
  • Excellent covenant with a Dun & Bradstreet rating of 5A2
  • FRI lease expiring 19th August 2026

Executive Summary

The premises are situated on the west side of La Porte Precinct, the prime shopping location for the town centre. Nearby occupiers include Specsavers, Costa, British Heart Foundation, Subway and Cancer Research. The subjects comprise a retail unit arranged over the ground floor of a two storey building under a pitched and slated roof.

PROPERTY FACTS

Unit Size 3,870 SF
No. Units 1
Total Building Size 19,468 SF
Property Type Retail (Condo)
Property Subtype Storefront
Sale Type Investment
Building Class B
Floors 2
Typical Floor Size 8,136 SF
Year Built 1974
Lot Size 0.49 AC
Parking Ratio 5.14/1,000 SF

1 Unit Available

Unit 32-34

Unit Size 3,870 SF
Condo Use Retail
Sale Type Investment
Tenure Freehold
Cap Rate 7.28%
NOI $46,535.41
Description

The accommodation provides retail space at the front with staff accommodation, storage and W.C facilities at the rear.

Sale Notes

The subjects are let to Boots UK Ltd on a Full Repairing and Insuring lease expiring 19th August 2026. The current passing rent is £40,000/annum.

Amenities

  • Storage Space
  • Listing ID: 29977770

  • Date on Market: 11/6/2023

  • Last Updated:

  • Address: 28-58 La Porte Precinct, Grangemouth FK3 8BG

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