Address: Falkirk Business Hub, 45 Vicar Street, Falkirk, FK1 1LL
Sector: Serviced Office
Size: 24,000 sq.ft
Tenant(s): 30 tenants over 3 floors of serviced office, with co-working, meeting rooms, café and wellness centre located on the ground floor.
Advisors: DM Hall (acquisition), Kerr Stirling (legal advice)
Acquired from: HMRC
Investment Rational: Originally the site of Falkirk’s General Post Office, Falkirk Business Hub is located close to Grahamston station. This landmark four story building was converted by Bellair into a modern, fully-managed business centre with conference and meeting facilities for over 150 people. Meeting a gap in the market for high quality business space with associated café and wellness centre, the building is now home to over 30 businesses, which employ around 150 people. This dynamic networking hub has been in excess of 90% let since opening in 2014 with an ongoing waiting list of potential tenants.