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3 Princes St 9,971 SF Retail Building Falkirk FK1 1LS $328,472 ($32.94/SF)
INVESTMENT HIGHLIGHTS
- We are excited to present this excellent commercial development opportunity, situated in a prime location in Falkirk.
- For rental purposes, once renovated the property could potentially achieve a rental income of £40,000 - £50,000 per annum. Excellent yield potential.
- Property is situated in a prime location in Falkirk Town Centre and is just a short 4 minute walk from Falkirk Train Station - **PRIME LOCATION**.
- Property requires full renovation. Sure to appeal to shrewd commercial investors looking for a large unit they can put their own stamp on.
- Property could potentially lend itself for change of use class, subject to gaining necessary permissions. Sure to appeal to investors / developers looking for a rarely available commercial unit in a location with high footfall.
EXECUTIVE SUMMARY
• For rental purposes, once renovated the property could potentially achieve a rental income of £40,000 - £50,000 per annum. Excellent yield potential.
• Property is situated in a prime location in Falkirk Town Centre and is just a short 4 minute walk from Falkirk Train Station - **PRIME LOCATION**
PRIME NEW Entry. We are excited to present this large, rarely available commercial unit, situated in a prime location in Falkirk.
Property comprises: large, empty underground bar and club with lots of development potential. Includes office space and toilet facilities.
Property is located in a fantastic central location and close to local amenities, benefiting from high passing trade.
Falkirk is a historic town in central Scotland, positioned roughly midway between Glasgow and Edinburgh, making it a well-connected hub for commuters and businesses alike. It has a rich heritage dating back to Roman times, with the Antonine Wall, a UNESCO World Heritage Site, running through the area. Today, Falkirk is known for its striking modern landmarks, including The Falkirk Wheel, a unique rotating boat lift linking the Forth and Clyde Canal with the Union Canal, and The Kelpies, two giant horse-head sculptures that have become iconic symbols of Scotland. The town also offers a mix of shopping, schools, leisure facilities, and green spaces, blending history with contemporary living.
• Property is situated in a prime location in Falkirk Town Centre and is just a short 4 minute walk from Falkirk Train Station - **PRIME LOCATION**
PRIME NEW Entry. We are excited to present this large, rarely available commercial unit, situated in a prime location in Falkirk.
Property comprises: large, empty underground bar and club with lots of development potential. Includes office space and toilet facilities.
Property is located in a fantastic central location and close to local amenities, benefiting from high passing trade.
Falkirk is a historic town in central Scotland, positioned roughly midway between Glasgow and Edinburgh, making it a well-connected hub for commuters and businesses alike. It has a rich heritage dating back to Roman times, with the Antonine Wall, a UNESCO World Heritage Site, running through the area. Today, Falkirk is known for its striking modern landmarks, including The Falkirk Wheel, a unique rotating boat lift linking the Forth and Clyde Canal with the Union Canal, and The Kelpies, two giant horse-head sculptures that have become iconic symbols of Scotland. The town also offers a mix of shopping, schools, leisure facilities, and green spaces, blending history with contemporary living.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Storefront Retail/Office
Building Size
9,971 SF
Year Built
1900
Price
$328,472
Price Per SF
$32.94
Tenancy
Single
Building Height
3 Stories
Building FAR
2.77
Lot Size
0.08 AC
Frontage
66’ on Princes St
AMENITIES
- 24 Hour Access
- Atrium
- Balcony
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NEARBY MAJOR RETAILERS
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Prime Property Auctions Scotland Ltd
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3 Princes St
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