8/10 High St
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8/10 High St
4,092 SF 100% Leased Retail Building Bonnybridge FK4 1DA $202,529 ($49/SF) 12.50% Cap Rate
Investment Highlights
- Commercial Investment Opportunity
- Commercial lease £20,000 per annum (Feb 24)
- Well let double fronted commercial unit in popular local parade
Executive Summary
The subjects comprise two ground floor interlinked and symmetrical buildings used as a restaurant with a licensed beer garden to the rear. The properties are accessed via twin leafed recessed pedestrian doors which lead into the waiting areas. The entire property has undergone a full renovation to a high standard with a new bar, extensive dining area with booth seating. Office accommodation, customer and staff welfare facilities are provided.** The property is let on a new 10 year full repairing and insuring lease that commenced in February 2024, at a rent of £20,000 per annum.
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
4,092 SF
Building Class
B
Year Built
1992
Price
$202,529
Price Per SF
$49
Cap Rate
12.50%
NOI
$25,316
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.94
Land Acres
0.10 AC
Frontage
22 FT on High Street
Amenities
- Security System
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8/10 High St
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