Property for sale

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Property for sale

150 – 152 Grahams Road Falkirk FK2 7BY
£115,000

Price History

Initial price £150,000
30/10/24 £115,000
Price Change -23.33%

Description

This fantastic commercial investment opportunity is located in a prime location in Falkirk, with a guide price of £115,000. The property, formerly a bar, has the potential to produce a staggering gross annual income of £48,000, churning a gross yield of 41.7% if purchased at the guide price. The top floor has the potential to be converted into two residential units, a 1-bedroom and a 2-bedroom flat, subject to necessary planning permission and consents. If converted, the two residential units could generate an impressive gross yield of 53.3% if achieved, based on a 70% occupancy rate and £120 per night. The property has vast potential and is located on a busy main street in Falkirk, attracting impressive footfall. This rare investment opportunity is open to immediate offers and will feature in an upcoming timed online auction.