Description
WILLIAM HILL INVESTMENT*** Currently LET at £10,000 PER ANNUM on NEW 15 YEAR FRI LEASE from April 2023. ***IMMEDIATE RENTAL INCOME***
PRIME TRADING LOCATION*** Nearby occupiers include Farmfoods, Burger King, The Range, Matalan, Argos, KFC and Pets at Home. HIGH VOLUMES OF PASSING TRAFFIC.
EXCELLENT FRONTAGE ONTO BUSY STREET*** Situated on the north side of Shieldmuir Street close to its junction within Carfin Road and Craigneuk Street within the suburb of Craigneuk in Wishaw.
Wishaw is a popular commuter town with good transport links and road networks with easy access to both the M8 and M74 road networks giving good access to Central Scotland and beyond.
WILLIAM HILL INVESTMENT*** Currently LET at £10,000 PER ANNUM on NEW 15 YEAR FRI LEASE from April 2023. ***IMMEDIATE RENTAL INCOME*** SUPER SIZE unit approx. 1,549 sq.ft (144 sqm) Currently LET to William Hill organization Ltd on NEW 15 year FRI LEASE at £10,000 PER ANNUM. PRIME TRADING LOCATION*** Nearby occupiers include Farmfoods, Burger King, The Range, Matalan, Argos, KFC and Pets at Home. HIGH VOLUMES OF PASSING TRAFFIC. EXCELLENT FRONTAGE ONTO BUSY STREET*** Situated on the north side of Shieldmuir Street close to its junction within Carfin Road and Craigneuk Street within the suburb of Craigneuk in Wishaw.
Wishaw is a popular commuter town with good transport links and road networks with easy access to both the M8 and M74 road networks giving good access to Central Scotland and beyond.
Full Address: 120 Shieldmuir Street, William Hill Investment, Wishaw, ML2 7TH
Show MoreTenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)Length: New 15 year lease from April 2023
Rent: £10,000 per year / £833 per month
Yield: 9% (approx)
Tenant: Company
Notes: Rent Review: 5th year, collar and cap @ 5% - 10% then upwards only open market review in 10th year
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Pricing Information & Bidding
Opening Bid: £107,000
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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
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Buy Now Price = £125,000
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Auction Details
Type: Timed Online Auction
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