Rare large-scale listed building for redevelopment — auction sale, renovation required..
Large former cinema/bingo hall — approx. 16,117 sq ft and ~0.37 acre site
Listed building (Category C) — consent restrictions likely and extra costs
Offered at auction at a low guide price (£50,000) — for quick sale
No planning included — any change subject to local council permission
Requires full renovation — substantial capital and contractor works needed
VAT not applicable to this lot
Very slow broadband but excellent mobile signal
Located in a very deprived area — impacts rental demand and funding
An unusually large, late 19th/early 20th-century Art Deco commercial building on a prominent corner in Grangemouth, offered as a rare development opportunity. The lot comprises a former cinema and bingo hall extending to approximately 16,117 sq ft with a site of about 0.37 acres. The building’s striking façade, high ceilings and large windows provide strong potential for creative reuse, including serviced accommodation or a mixed commercial scheme, subject to planning consent.
This is a project for developers, builders or investors prepared to manage a full renovation and the restrictions that come with a listed building (Category C). The sale is offered at a low guide price and will be sold at auction; no planning consent is included and buyers must consult the local council. VAT is not applicable to this lot.
Practical factors: the property requires complete refurbishment and will need capital for structural, services and conservation works. Broadband speeds are reported very slow while mobile signal is excellent. The area is described as very deprived, which may affect rental values and funding options but also presents scope for value-add redevelopment in a strategic industrial town with strong transport links.
This sale suits a buyer seeking a substantial, character-rich building with long-term upside rather than a ready income stream. Expect listed-building consent processes, significant renovation costs and the requirement to secure planning for any change of use.
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