Description
IMMEDIATE INCOME PRODUCING COMMERCIAL INVESTMENT. Super sized ground floor commercial unit measuring 85sqm in super trading position in Muirhead, Glasgow. Settled tenant paying £20,000 per annum.
Property will be sold with settled tenant in place with FRI lease running until 2025. Tenant is trading well and pays £20,000 per annum. Excellent payment history. No arrears
PERFECT INVESTMENT PROPERTY with virtually recession proof business in situ. Excellent return on investment. HIGH YIELDING OPPORTUNITY in super location in busy Glasgow district.
Muirhead is a popular small town on the outskirts of Glasgow with a population of approximately 15,000. Great location for access to M73 and M80 motorways making it popular with commuters.
IMMEDIATE INCOME PRODUCING COMMERCIAL INVESTMENT. Super sized ground floor commercial unit measuring 85sqm in super trading position in Muirhead, Glasgow. Settled tenant paying £20,000 per annum. SUPER TRADING LOCATION in densely populated residential area in the centre of the thriving commuter town of Muirhead, approximately 6 miles from Glasgow City Centre. Close to schools and businesses. Property will be sold with settled tenant in place FRI lease running until 2025. Tenant is trading well and pays £20,000 per annum. Excellent payment history. No arrears. PERFECT INVESTMENT PROPERTY with virtually recession proof business in situ. Excellent return on investment. HIGH YIELDING OPPORTUNITY in super location in busy Glasgow district. Muirhead is a popular small town on the outskirts of Glasgow with a population of approximately 15,000. Great location for access to M73 and M80 motorways making it popular with commuters.
Nearby villages and towns include Chryston, Garnkirk, Gartcosh, Lenzie and Stepps. Muirhead is a popular commuter town to Glasgow with road links via the A80/M80 at Muirhead. SUPER ACCESS TO CITY CENTRE and Stirling.
Full Address: 96-98 Cumbernauld Road, Tenanted Investment, Muirhead, Glasgow, G69 9AB
Show MoreTenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)Length: 2025
Rent: £20,000 per year / £1,667 per month
Yield: 13% (approx)
Tenant: Company
Notes:
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Pricing Information & Bidding
Opening Bid: £153,000
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Terms of Sale
- 10% Deposit
- Standard Completion
- Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.
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Auction Details
Type: Timed Online Auction
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