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TENANTED INVESTMENT OPPORTUNITY*** Large corner commercial unit located in the Southside of Glasgow. IMMEDIATE RENTAL INCOME OF £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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Map Street View SatelliteTenancy Details
Type of Agreement: Basic LeaseLength: until December 2031
Rent: £9,360 per year / £780 per month
Yield: 8% (approx)
Tenant: Private Individual
Notes:
Document Downloads
* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.
Pricing Information & Bidding
Opening Bid: £111,000
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Terms of Sale
- 10% Deposit (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- 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 an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer.
* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.
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Auction Details
Type: Timed Online Auction
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