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Description
Retail Investment - Let to Boots UK Limited on FRI Lease until 31st July 2035. Lease shall be SIXTY FIVE THOUSAND POUNDS (£65,000) STERLING per annum. Freehold Sale (Full Ownership).
100% SECURE INCOME to Grade A tenant. The subjects are let to Boots UK Ltd on a Full Repairing and Insuring lease expiring 31st July 2035. Perfect investment property in popular retail location.
PROMINENT FRONTAGE*** PERFECT INVESTMENT with immediate RENTAL RETURN. In occupation for over 15 years*** Passing Rent £65,000 PER ANNUM - Boots UK Limited.
Boots UK Limited. Extremely well-positioned property within HIGH FOOTFALL commercial location with parking available locally ***Ideal Commercial Investment Opportunity.
PRIME LOCATION on Airdrie's thriving main shopping thoroughfare in close proximity to a number of national retailers including Iceland, William Hill, Superdrug, Costa Coffee and SpecSavers Opticians.
Commercial Property Let to Boots U.K Ltd on FRI Lease from and including 1st August 2025, the rent payable under the Lease shall be SIXTY FIVE THOUSAND POUNDS (£65,000) STERLING per annum exclusive of value added tax, which rent shall be payable by equal monthly payments in advance on the first day of every month in every year throughout the duration of the lease. On 1 August 2030, the rent payable under the Lease shall be reviewed in accordance with the terms of Part VII of the Schedule to the Lease. Net Area Ground: 508.45sqm (5,473sq ft) 1st : 455.7sqm (4,905sq ft) Total: 964.14sqm (10,378sq ft). Internally the property has been fitted out in accordance with Boots corporate specification. The property is situated on the north east corner of Graham Street, at its junction with Buchanan Street within Airdrie town centre. PRIME LOCATION on Airdrie's thriving main shopping thoroughfare in close proximity to a number of national retailers including Iceland, William Hill, Superdrug, Costa Coffee and SpecSavers Opticians. SECURE INCOME to Grade A tenant. The subjects are let to Boots UK Ltd on a Full Repairing and Insuring lease expiring 31st July 2035. Perfect investment property in popular retail location.
Tenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)Length: 2035
Rent: £65,000 per year / £5,417 per month
Yield: 8% (approx)
Tenant: Private Individual
Notes: Let to Boots UK Limited on FRI lease terms at £65,000 per annum. Break option August 2030. Lease signed August 2025. Rent review in 2030
Maps & Location
Map Street View SatellitePRIME COMMERCIAL LOCATION on Airdrie's main shopping street in the busy town centre. Airdrie is located approximately 10 miles east of Glasgow and 30 miles west of Edinburgh, with access provided by the M8 Motorway and M73/M74 motorway network. Population of Airdrie is estimated around 40,000 persons.
Document Downloads
Pricing Information & Bidding
Opening Bid: £850,000
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Terms & Conditions of Sale
- 5% Deposit (Minimum £3,000)
- 8 Weeks Completion (Unless specified differently in any Special Conditions of Sale)
- Buyers Fee = 1% of Sale Price (Minimum £2,500 + vat)
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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 for each property which may differ in deposit amount, completion and buyers fee.
* 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.
General Terms & Conditions of Sale
Lot Specific Terms - 19Graham Street, Boots, Airdrie