Summary - 3, PRINCES STREET, FALKIRK FK1 1LS
1 bed 1 bath Commercial Development
Large renovation opportunity close to train station with strong rental upside.
Freehold commercial development in Falkirk Town Centre
A substantial freehold commercial unit in Falkirk Town Centre, offered for sale by auction and requiring full renovation. The building includes a large underground bar/club area, office space and toilet facilities, giving an investor immediate scope to reconfigure and repurpose the layout.
Once refurbished, the property is projected to achieve a rental income of £40,000–£50,000 per annum, presenting attractive yield potential for a shrewd purchaser. The site is a four-minute walk from Falkirk train station and benefits from high passing trade in a central, well-connected location.
Important considerations: the building needs comprehensive refurbishment and any change of use will require the necessary planning permissions. The property sits within a very deprived local area — this increases potential for uplift but may affect tenant mix and rental risk in the short term. Sale is by timed online auction; interested parties should factor auction terms, refurbishment costs and permissions into their proposals.
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