Tenanted Commercial LOT 23

229 Main Sreet, Rutherglen, G73 2HN
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Description

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

INCOME PRODUCING INVESTMENT*** Ground Floor retail Unit in in EXCELLENT TRADING POSITION. Tenanted producing £8,500 per annum with 3 years unexpired. Town Centre Location on busy thoroughfare

The property is let on a personal name t/a Fade Cut Barber Shop at £8,500 per annum expiring February 2029 with the tenant having an option to extend the lease for a further 10years to 2039.

The property offers a single frontage with the interior presented in an open plan layout with partitioned w.c, tea prep and store room. Ground: 30.86sqm (332sq ft)

Asset management Opportunity PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION ***

EXCELLENT LOCATION Main Street is the main focus of retail activity in the area and a range of national retailers sit among a number of boutiques and independent traders.

INCOME PRODUCING INVESTMENT*** Ground Floor retail Unit in in EXCELLENT TRADING POSITION. Tenanted producing £8,500 per annum with 3 years unexpired. Town Centre Location on busy thoroughfare The property is let on a personal name t/a Fade Cut Barber Shop at £8,500 per annum expiring February 2029 with the tenant having an option to extend the lease for a further 10years to 2039. The property offers a single frontage with the interior presented in an open plan layout with partitioned w.c, tea prep and store room. Ground: 30.86sqm (332sq ft) Asset management Opportunity PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** EXCELLENT LOCATION Main Street is the main focus of retail activity in the area and a range of national retailers sit among a number of boutiques and independent traders.

The property sits on the north side of the street, in the centre of the pitch and adjacent to the Rutherglen Exchange shopping mall. Rutherglen lies 3 miles south east of Glasgow city centre and has a large local catchment population that includes the affluent communities of Kings Park, Burnside and Carmunnock. Main Street is the main focus of retail activity in the area and a range of national retailers sit among a number of boutiques and independent traders

Full Address: 229 Main Sreet, Rutherglen, G73 2HN

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Map & Location

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 10 Years
Rent: £8,500 per year / £708 per month
Yield: 12% (approx)
Tenant: Private Individual
Notes: The property is let on a personal name t/a Fade Cut Barber Shop expiring February 2029 with the tenant having an option to extend the lease for a further 10years to 2039. The current passing rent is £8,500per annum

Document Downloads

(Available) Legal Docs (Available)

* 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: £72,000

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SPECIAL Terms of Sale

  • 10% Deposit (Minimum £3,000)
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
  • 4 Weeks Completion or Longer By Agreement
  • Contribution to Sellers Costs £2,750 for on time settlement

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

* 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

Date & Time: 19 March 2026, 10am-3pm
Type: Timed Online Auction

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