Property for sale

Kirk Wynd, The Corner Cafe, Falkirk FK1

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0141 433 6645

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0 bath

Property description & features

Status: Available
Type: Commercial
Ownership: Freehold
Occupation: Vacant
AUCTION DATE: 12 December 2024

Established coffee shop in central Falkirk facing Costa Coffee and O2. Trading as the Corner Café. Let on a 10 year lease from June 2018 - June 2028 option of break after 5 years (June 2023). Annual income of £13,000 per annum. Two months rental deposit held by owner(s). Tenant has spent around £25,000- £30,000 on décor and flooring. Great spot just off the main street with open aspects on the corner of Kirk Wynd and Manor Street. Surrounded by occupied commercial. FALKIRK TOWN CENTRE RETAIL PROPERTY - WAS SOLD £165,000 (MAY 2016). Occupiers close by include Betfred, Subway, O2, Vodafone, TUI Holiday Store, Superdrug, Costa, Ladbrokes and the Howgate Centre. The property is situated on the corner of Manor Street, between its junctions with Kirk Wynd and Wooer Street, which runs parallel to the High Street. Tenant: Cocoa Club Limited Term: 10 yrs (Expiry 30th June 2028) Tenant Break: June 2023 Rent: £13,000 per annum.

Auction Details
12 December 2024, 10am-3pm
Timed Online Auction

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Property reference 13138569. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Future Property Auctions - Glasgow.

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Mobile phone signal availability and predicted strength: obtained from Ofcom on December 21, 2023

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