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Description
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Tenanted
WILLIAM HILL INVESTMENT ON NEW 15 YEAR FRI LEASE located in Blantyre TOWN CENTRE. ***IMMEDIATE RENTAL INCOME OF £10,500 PER ANNUM***
PRIME INVESTMENT PROPERTY*** Unit extends to approx. 1,465 sq ft. HIGH PASSING TRADE LOCATION. Excellent investment with IMMEDIATE return.
***IDEAL INVESTMENT PURCHASE*** Extremely strong trading position in popular commercial spot.
EXCELLENT TRADING LOCATION. Nearby occupiers include Scotmid, Asda, Greggs, Blantyre post office
Blantyre is situated some 10 miles south-east of Glasgow, 3 miles north-west of Hamilton and some 5 miles north-east of East Kilbride.
WILLIAM HILL INVESTMENT ON NEW 15 YEAR FRI LEASE located in Blantyre TOWN CENTRE. ***IMMEDIATE RENTAL INCOME OF £10,500 PER ANNUM***
PRIME INVESTMENT PROPERTY*** Unit extends to approx. 1,465 sq ft. HIGH PASSING TRADE LOCATION. Excellent investment with IMMEDIATE return.
***IDEAL INVESTMENT PURCHASE*** Extremely strong trading position in popular commercial spot.
EXCELLENT TRADING LOCATION. Nearby occupiers include Scotmid, Asda, Greggs, Blantyre post office
Blantyre is situated some 10 miles south-east of Glasgow, 3 miles north-west of Hamilton and some 5 miles north-east of East Kilbride.
Blantyre has a broad selection of shopping amenities as do the nearby bigger towns of Hamilton and East Kilbride. Local attractions include library, sports centre with gym and swimming pool with excellent both primary and secondary schooling. There are regular bus and train links to the surrounding towns and cities including Hamilton and Glasgow. For those commuting by car the nearby A725 East Kilbride Expressway links with the M74 and M8 motorways to Glasgow, Edinburgh and the surrounding towns and cities throughout central Scotland. Blantyre train station - (1.4 miles). Hamilton West - (2.1 miles)
Full Address: 8 Stonefield Road, Blantyre, G72 9PQ
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Tenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)
Length: new 15 year lease
Rent: £10,500 per year / £875 per month
Yield: 10% (approx)
Tenant: Company
Notes:
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Pricing Information & Bidding
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).
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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 = £119,000
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Auction Details
Date & Time: 02 May 2024, 10am-3pm
Type: Timed Online Auction
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