Description
3x SUBSTANTIAL TOWN CENTRE BUILDINGS approx. 11,250 Sq.Ft May be suitable for future DEVELOPMENT. VAT FREE. Sold with new 5 year lease in place at £27,500 per year until Nov 2027.
EXCELLENT SIZE AND LOCATION. Comprises of 3 interconnected traditional sandstone buildings and a modern addition on the side and rear. Approx. 11,250sq ft. with Large Private Car Park. VAT FREE***
SUBSTANTIAL sized property situated on the corner of Nineyard Street and Vernon Street on a busy thoroughfare in the seaside town of Saltcoats.
SUPER INVESTMENT PROPERTY in the heart of the popular costal town of Saltcoats 50 yards from the train station and minutes from the town's popular beach and waterfront.
Moffat House, an impressive property that comprises of 3 interconnected traditional sandstone buildings and a modern addition on the side and rear, providing a total floor area of approximately 11,230 sq. ft. The main buildings, which are
The property is situated on the corner of Nineyard Street and Vernon Street on a busy thoroughfare in the seaside town of Saltcoats. The property benefits from excellent transport links, with the train station just 50 yards away providing regular and direct rail services to Glasgow Central, taking around 45 minutes. The A78 provides easy access to Glasgow, and the new Dalry Bypass is set to improve road connections further. Glasgow Prestwick Airport is also within easy reach
Full Address: Moffat House, 10-14 Nineyard Street, Saltcoats, KA21 5HS
Show MoreTenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)Length: 5 Years
Rent: £27,500 per year / £2,292 per month
Yield: 17% (approx)
Tenant: Private Individual
Notes: Personal Name Term: 5yrs Rent: 1-3 £27,500p.a 4&5 £29,000p.a Deposit: £4,000 Rent Free: 5months Entry: 24th November 2023
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Pricing Information & Bidding
Opening Bid: £166,000
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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
VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.
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Buy Now Price = £195,000
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Auction Details
Type: Timed Online Auction
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