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Description

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

TENANTED INVESTMENT OPPORTUNITY*** Large corner commercial unit located in the Southside of Glasgow. IMMEDIATE RENTAL INCOME OF £9,360 PER ANNUM***

EXCELLENT TENANTED COMMERCIAL INVESTMENT PROPERTY*** Currently LET until December 2031 at £180 per week (£9,360 Per Annum).

HIGHLY PROMINENT TRADING POSITION within densely populated residential area. IMMEDIATE RETURN ON INVESTMENT***

PRIME TRADING LOCATION*** Nearby occupiers include Boots pharmacy, Tesco Express, Bank of Scotland and Paddy Power.

HIGH VOLUMES OF PASSING TRADE*** The Govanhill area in the south side of Glasgow offers a vibrant community and remains a popular residential location.

TENANTED INVESTMENT OPPORTUNITY*** Large corner commercial unit located in the Southside of Glasgow. IMMEDIATE RENTAL INCOME OF £9,360 PER ANNUM*** EXCELLENT TENANTED COMMERCIAL INVESTMENT PROPERTY*** Currently LET until December 2031 at £180 per week (£9,360 Per Annum). HIGHLY PROMINENT TRADING POSITION within densely populated residential area. IMMEDIATE RETURN ON INVESTMENT*** PRIME TRADING LOCATION*** Nearby occupiers include Boots pharmacy, Tesco Express, Bank of Scotland and Paddy Power. SUPER LOCATION close to major transport links with 2 main line train stations within 5 minutes walk. The Govanhill area in the south side of Glasgow offers a vibrant community and remains a popular residential location.

Govanhill is a popular area within Glasgow's Southside and offers many local amenities and leisure facilities nearby. The Govanhill area in the south side of Glasgow offers a vibrant community and remains a popular residential location.

Full Address: 193 Allison Street, Queens Park, Glasgow, G42 8RX

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Tenancy Details

Type of Agreement: Basic Lease
Length: until December 2031
Rent: £9,360 per year / £780 per month
Yield: 8% (approx)
Tenant: Private Individual
Notes:

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Legal Pack (Available)

Pricing Information & Bidding

Opening Bid: £111,000

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).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

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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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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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Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

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Auction Details

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

View Full Auction Catalogue

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