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Description
PRIME GRADE A TENANTED INVESTMENT let at £26,000 per annum to Betfred on FRI lease with tenants in place since December 2005. Settled and committed tenant. Trading well. VAT Applicable.
PRIME TRADING LOCATION ON BUSY PEDESTRIANISED MAIN STREET with excellent frontage. Internally the property has been fitted out to extremely high corporate specification. Front and rear access with car
***GRADE A TENANT*** Done Brothers T/A Betfred currently have over 1,500 stores across the UK with a turnover of over £10 billion recorded in 2019. **SUPER INVESTMENT WITH TENANT IN PLACE SINCE 2005.
Super High Street location close to train station & car parking. Neighbouring occupiers include Subway, Peacocks, Specsavers, Greggs, Boots, Costa Coffee, Timpsons and Bank of Scotland. **SUPER SIZE
100% prime income producing investment with national tenant and well fitted out. 31 miles south of Glasgow, 21 miles north of Ayr, 15 miles west of Kilmarnock. Ideal long term investment purchase wit
PRIME GRADE A TENANTED INVESTMENT let at £26,000 per annum to Betfred on FRI lease with tenants in place since December 2005. Settled and committed tenant. Trading well. EXCELLENT INVESTMENT. PRIME TRADING LOCATION ON BUSY PEDESTRIANISED MAIN STREET with excellent frontage. Internally the property has been fitted out to extremely high corporate specification. Front and rear access with car parking available to the rear. ***GRADE A TENANT*** Done Brothers T/A Betfred currently have over 1,500 stores across the UK with a turnover of over £10 billion recorded in 2019. **SUPER INVESTMENT WITH TENANT IN PLACE SINCE 2005. **immediate rental income of £26,000 per annum** Super High Street location close to train station and car parking. Neighbouring occupiers include Subway, Peacocks, Specsavers, Greggs, Boots, Costa Coffee, Timpsons and Bank of Scotland. **SUPER SIZE- OVER 240M SQ** 100% prime income producing investment with national tenant and well fitted out. 31 miles south of Glasgow, 21 miles north of Ayr, 15 miles west of Kilmarnock. Ideal long term investment purchase with super return.
Tenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)Length: since 2005
Rent: £26,000 per year / £2,167 per month
Yield: 20% (approx)
Tenant: Company
Notes: Let to Done Brothers T/A Betfred
Maps & Location
Map Street View SatelliteSaltcoats is the second of North Ayrshire's Three Towns, which also includes Stevenston and Ardrossan. The town boasts beautiful beach, ideal for those who like walking and is a popular town with many local amenities including shopping, the Auchenharvie centre for swimming and sports activities and a skate park. It is ideally situated for golf fans, with courses at Ardeer in Stevenston and West Kilbride. The seaside town has a thriving tourism and summer let market - Close to the water and local amenities -Excellent commuter links with M77 motorway nearby giving access to Glasgow in under 45 minutes - Regular train links to Ayr, Largs & Glasgow
Document Downloads
Pricing Information & Bidding
Opening Bid: £131,000
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). How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.View Live Online Auction
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Terms & Conditions of Sale
- 10% Deposit (Minimum £3,000)
- Standard 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 - 98-102Dockhead Street, Betfred Investment, Saltcoats
Buy Now Price = £177,500
Please use our BUY NOW form to secure this property now. Once you submit the form we will send you an invoice and payment details so you can make the necessary deposit payment to proceed with the purchase.BUY NOW for £177,500 - CLICK HERE