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28-58 La Porte Precinct 3,870 SF Retail Condo Unit Offered at $700,710 in Grangemouth FK3 8BG
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
| Total Building Size | 19,468 SF | Typical Floor Size | 8,136 SF |
| Property Type | Retail (Condo) | Year Built | 1974 |
| Property Subtype | Storefront | Lot Size | 0.49 AC |
| Building Class | B | Parking Ratio | 5.14/1,000 SF |
| Floors | 2 |
| Total Building Size | 19,468 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| 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 |
AMENITIES
- Storage Space
1 UNIT AVAILABLE
Unit 32-34
| Unit Size | 3,870 SF | Sale Type | Investment |
| Price | $700,710 | Tenure | Freehold |
| Price Per SF | $181.06 | Cap Rate | 7.28% |
| Condo Use | Retail | NOI | $51,011.69 |
| Unit Size | 3,870 SF |
| Price | $700,710 |
| Price Per SF | $181.06 |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 7.28% |
| NOI | $51,011.69 |
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.
NEARBY MAJOR RETAILERS
Presented by
28-58 La Porte Precinct
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