Tenanted Commercial LOT 45

1 Tron Place, Largs, KA30 8AR
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Description

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

PRIME COMMERCIAL INVESTMENT in SUPER TRADING POSITION within the affluent and popular costal town of Largs. IMMEDIATE RENTAL INCOME OF £12,000 PER ANNUM***

Ground floor commercial premises currently LET on FRI LEASE until 30th June 2032 at £12,000 Per Annum. ***VAT FREE INVESTMENT***

EXCELLENT TRADING LOCATION within Largs TOWN CENTRE. Nearby occupiers include Blue Lagoon, Hays travel, Greggs and Salvation Army.

HIGH VOLUMES OF PASSING TRADE*** Situated on the north side of Tron Place, a partially recessed yet still highly visible parade adjacent to Main Street in Largs.

The affluent costal town of Largs is located on Scotland's Clyde Coast. Super transport links with train station and ferry port offering regular access to the Isle of Cumbrae. 30 miles from Glasgow.

PRIME COMMERCIAL INVESTMENT in SUPER TRADING POSITION within the affluent and popular costal town of Largs. IMMEDIATE RENTAL INCOME OF £12,000 PER ANNUM*** Ground floor commercial premises currently LET on FRI LEASE until 30th June 2032 at £12,000 Per Annum. ***VAT FREE INVESTMENT*** EXCELLENT TRADING LOCATION within Largs TOWN CENTRE. Nearby occupiers include Blue Lagoon, Hays travel, Greggs and Salvation Army. HIGH VOLUMES OF PASSING TRADE*** Situated on the north side of Tron Place, a partially recessed yet still highly visible parade adjacent to Main Street in Largs. The affluent costal town of Largs is located on Scotland's Clyde Coast. Super transport links with train station and ferry port offering regular access to the Isle of Cumbrae. 30 miles from Glasgow.

The affluent costal town of Largs is located on Scotland's Clyde Coast. Super transport links with train station and ferry port offering regular access to the Isle of Cumbrae. 30 miles from Glasgow.

Full Address: 1 Tron Place, Largs, KA30 8AR

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: until 30th June 2032
Rent: £12,000 per year / £1,000 per month
Yield: 9% (approx)
Tenant: Private Individual
Notes:

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Pricing Information & Bidding

Opening Bid: £136,000

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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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 = £160,000

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Auction Details

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

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