Lot 2g

Guide Price: £27,000 - Bid Now

49 Victoria Road, Rothesay, PA20 0AP


Key Features:

VACANT CORNER former "SCOTTISH ISLAND JEWELLER" along FROM RBS and LLYODS PHARMACY next-door to Scottish Building Society in busy area near Town Centre. Ideal property for owner occupation or potential £8,000 per annum - VAT FREE PROPERTY ***Qualfies for 100% small business rates relief ***SALE ON ORDER OF ASSET MANAGERS***WAS LET FOR £9,000 per annum


  • Corner Unit with Asset Management Opportunities. Benefit of Class 1 and Class 2 consent. Rental potential £10,000 p.a SO WILL APPEAL TO LOCAL TENANTS. ***WAS historically LET FOR £9,000 p.a***Benefit of VAT FREE PROPERTY. Rothesay is the main town on the Island of Bute.
  • Will appeal as qualifies for 100% Small Business Rates relief as Rate-able Value is less than £15,000. The property is situated just a couple of minutes’ walk from the ferry terminal, several hundred residential units within a couple of minutes. ***DENSE AREA** Local traders and Lloyds Pharmacy occupy adjacent units.
  • ***Super natural light bright shop. **SENSIBLE PRICE*** Was let at £9,000 p/a this would appeal to businesses also ideal investment property as would let well. Regular/Daily ferry connections from Wemyss Bay and Gourock connect the island to the mainland.
  • **Good trading position.** The Isle of Bute lies on the west side of the Firth of Clyde. It’s capital, Rothesay, is served by a regular ferry service from Wemyss Bay from where there are train services to Greenock & Glasgow Central

Description:

VACANT CORNER former "SCOTTISH ISLAND JEWELLER" along FROM RBS and LLYODS PHARMACY next-door to Scottish Building Society in busy residential area in Rothesay near Town Centre. Ideal property for owner occupation or rental potential £8,000 per annum - VAT FREE PROPERTY ***Qualfies for 100% small business rates relief ***SALE ON ORDER OF ASSET MANAGERS***WAS LET FOR £9,000 per annum Comprises; Entrance shop floor, service area, staff area, WC and storage. The property further benefits from Gas Central Heating and Glazed frontage. Neighbouring occupiers; The Victoria Hotel, Rothesay Ferry Terminal, Lloyds Pharmacy, Ladbrokes and RBS + Much more. Perfect purchase for landlord looking to build/increase size of portfolio with excellent rental prospects. Will appeal as qualifies for 100% Small Business Rates relief as Rate-able Value is less than £15,000. The property is situated just a couple of minutes’ walk from the ferry terminal, several hundred residential units within a couple of minutes. ***DENSE AREA** Local traders and Lloyds Pharmacy occupy adjacent units. ***Super natural light bright shop. **SENSIBLE PRICE*** Was let at £9,000 p/a this would appeal to businesses also ideal investment property as would let well. Regular/Daily ferry connections from Wemyss Bay and Gourock connect the island to the mainland. **Good trading position.**

Location:


The Isle of Bute lies on the west side of the Firth of Clyde. It’s capital, Rothesay, is served by a regular ferry service from Wemyss Bay from where there are train services to Greenock & Glasgow Central. VACANT CORNER former "SCOTTISH ISLAND JEWELLER" along FROM RBS and LLYODS PHARMACY next-door to Scottish Building Society in busy residential area in Rothesay near Town Centre. Ideal property for owner occupation or rental potential £8,000 per annum - VAT FREE PROPERTY ***Qualfies for 100% small business rates relief ***SALE ON ORDER OF ASSET MANAGERS***WAS LET FOR £9,000 per annum

Rateable Value:


CLICK HERE to visit the Scottish Assessors Association Website & automatically search this property's postcode for values. The Scottish Assessors’ Portal provides details of Council Tax Bands and Rateable Values for all properties in Scotland.

Ownership & Occupation:


Ownership

Freehold

- Outright ownership of the property and land on which it stands.
Occupation

Vacant

- Full vacant possession offered at time of completion.

Guide Price: £27,000 - Bid Now


Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set no more than 10% above or below the advertised guide price.

Bid Now Explained:


You may submit an offer now on any of our live properties for the sellers to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.












Open Viewings Scheduled:


  • Friday, April 27, 2018  :  10.10am -> 10.25am


Internal Open Viewings:


This property may be open for internal viewings at specified times which will be listed on this page when available. You do not need to register to attend these viewings, you can simply turn up as the property will be open during the scheduled times. Our viewing agent will be present to answer any of your questions and provide auction catalogues to viewers.

External Viewings Anytime:


You may view this property externally at any time. Please make sure that if the property is occupied or tenanted that you respect the privacy of the occupants. Additionally we advise that you print a copy of this schedule and take it with you in case of any neighbours questioning you at the property as to your intentions.


















Offer Now:

You may submit an offer now on any of our live properties for the sellers to consider. If they are will are willing to sell you the property now then it is a matter of making the 10% deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Bid Live in Person:

Easily the best method is to attend the auction in person. The Glasgow Radisson is conveniently located in the Glasgow City Centre, a short walk from the Central Train Station and easily accessed from the M8 Motorway. The Edinburgh Marriott Hotel is conveniently located just minutes from Edinburgh Airport and the city centre.

Bid by Phone Live:

If you cant make the auction in person you can still make a live bid by telephone for this property. You will give instruction live over the phone with one of our staff in the room who will bid on your behalf and relay activity in the auction room. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...

Proxy & Phone bidders phone... Download the Telephone Bidders Form

Bid by Proxy: (Ebay Style Highest Bid)

This is another option if you cannot make the auction in person. A Proxy bid is where you will leave your highest maximum bid for the property and the auctioneer will bid on your behalf. You will only ever bid one increment higher than the previous bidder. Proxy bidding rules out any potential issues with telephone reception or nerves regarding bidding in person or by telephone. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...

Proxy & Phone bidders phone... Download the Proxy Bidders Form







  • Auction Date:

    01 May 2018


  • Start Time:

    7.00pm


  • Auction Location:

  • Glasgow Radisson Hotel

  • 301 Argyle Street, G2 8DL


Directions:


View a Map & Directions to the Auction Venue.
Glasgow Radisson | Edinburgh Marriott


Registration:

You will need to be at the auction prior to the 7.00pm start time in order to register & make your way to the auction room. Bidding registration opens from 6:00pm. You will be required to present Photo ID and provide your contact and solicitor details in order to register.

Legal Packs:

All legal packs will be available for inspection at our offices on the day of the auction and at the auction hall from 6:00pm.

Deposits:

If you are a successful purchaser of a lot then a deposit of 10% (minimum £3,000 or lower if specified) will be required. The deposit is accepted by the following methods:

Deposit Method:

Switch, Debit Card, Credit Card, Cash or Bankers Draft accepted only. Next Day Bank Transfer by prior arrangement only.