Tenanted Commercial LOT 46

7 Second Avenue, Clydebank, G81 3BD
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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted

EXCELLENT INVESTMENT OPPORTUNITY*** Ground floor retail investment LET on FRI LEASE until February 2044 in BUSY residential location. IMEDIATE RETURN ON INVESTMENT.

Ground floor unit approx. 401 sq. ft. secured by an aluminium roller shutter the property is primarily open plan with w/c facility's. Parking available at the front of the property.

EXCELLENT TRADING LOCATION within popular residential area of Clydebank. Let on FRI LEASE until February 2044***

Occupiers within the same block as the subjects include a Chinese take-away and newsagent, with Clyde Shopping Centre in close proximity as well.

On the south side of Second Avenue, a short distance from its junction with Kilbowie Rd, which is a main road & a busy thoroughfare within Clydebank. Singer train station is within walking distance.

EXCELLENT INVESTMENT OPPORTUNITY*** Ground floor retail investment LET on FRI LEASE until February 2044 in BUSY residential location. IMEDIATE RETURN ON INVESTMENT. Ground floor unit approx. 401 sq. ft. secured by an aluminium roller shutter the property is primarily open plan with w/c facility's. Parking available at the front of the property. Occupiers within the same block as the subjects include a Chinese take-away and newsagent, with Clyde Shopping Centre in close proximity as well. EXCELLENT TRADING LOCATION within popular residential area of Clydebank. Let on FRI LEASE until February 2044*** On the south side of Second Avenue, a short distance from its junction with Kilbowie Rd, which is a main road & a busy thoroughfare within Clydebank. Singer train station is within walking distance.

Clydebank and Singer railway stations mean Glasgow City Centre is less than 20 minutes away. There are also numerous bus services for commuters. The A82, Great Western Road and Erskine Bridge can be easily accessed by road.

Full Address: 7 Second Avenue, Clydebank, G81 3BD

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: until February 2044
Rent: £5,250 per year / £438 per month
Yield: 11% (approx)
Tenant: Private Individual
Notes:

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Pricing Information & Bidding

Opening Bid: £50,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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SPECIAL Terms of Sale

  • 10% Deposit
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
  • 4 Weeks Completion or Longer By Agreement
  • Contribution to Sellers Costs £1,750 for on time settlement

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

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Buy Now Price = £62,000

Please use our BUY NOW form to secure this property now. Once you submit the form we will send you an invoice and payment details so you can make the necessary deposit payment to proceed with the purchase.

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Auction Details

Date & Time: 16 May 2024, 10am-3pm
Type: Timed Online Auction

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