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Vacant bar/restaurant lease available in Falkirk Town with spacious unit for various concepts

Falkirk Town, Falkirk
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Vacant Bar/Restaurant premises for lease may sell (ref 1845) Photo 1
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Vacant Bar/Restaurant premises for lease may sell (ref 1845)Vacant Bar/Restaurant premises for lease may sell (ref 1845)Vacant Bar/Restaurant premises for lease may sell (ref 1845)Vacant Bar/Restaurant premises for lease may sell (ref 1845)Vacant Bar/Restaurant premises for lease may sell (ref 1845)Vacant Bar/Restaurant premises for lease may sell (ref 1845)Vacant Bar/Restaurant premises for lease may sell (ref 1845)
  • Leasehold: Offers Invited
  • Rent: £45,000 (£3,750 per month)
  • Turnover: On request
  • Profit: On request

Business Details

Vacant Bar Restaurant premises for lease may sell (ref 1845)

Excellent town centre opportunity. Would suit a bar or restaurant operator. Highly visible trading location in busy town centre circuit. Large unit with premises licence and class 3. Total GIA – 454.58 sq. m. Rateable value - £33,750. Initial rent £45,000. Stepped rent for years 2 & 3. New FRI lease on offer. May sell on a freehold basis. An excellent opportunity.

LEASEHOLD - Nil premium. Rental deposit required.

MAY SELL - Offers invited for freehold.

 

The subjects are situated in a prominent trading location in the heart of Falkirk town centre. Located on Vicar Street, close to Melville Street car park in the heart of the main town centre area, this highly visible trading location is approximately 150 metres south of the pedestrianised high street as well as being situated a short walk from Falkirk Grahamston train station.

Falkirk is regarded as an important business centre within Central Scotland and lies midway between Glasgow and Edinburgh. It has a resident population of over 33,000.

The town benefits from excellent communication links, with the M9 and M876 both within a five minute drive from the town centre. Falkirk also benefits from two main line railway stations with Falkirk High lying on the main Edinburgh to Glasgow route.

The subjects occupy the ground floor and partial first floor of a handsome 3 storey red sandstone property. Main customer entry is via a door at the front of the property, leading directly into a large bar and restaurant. The premises can accommodate 140 – 160 covers.

The business trades with class 3 consent as well as premises licence.

This is an excellent opportunity to acquire a sizeable site and substantial floor plate in the middle of a very busy town centre. The opportunity would equally suit a bar or restaurant operator. The subjects are well located in a busy town centre circuit close to a wide variety of retail and commercial offerings.

Although the premises are offered on a new lease basis, our client may consider a freehold offer.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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