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Lot 4

Guide Price: £165,000 - Bid Now

250 Main Street, Blantyre, G72 0DP


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Key Features:

PRIME BLANTYRE Commercial INVESTMENT to William Hill Bookmakers on MAIN ROAD parade of shops in this historic suburb of Glasgow. CURRENT RENTAL INCOME £14,000 per annum but GROWTH EXPECTED towards £17,000 per annum. **RECENT REFURB**RENT TERM ends 2026


  • DUAL access from both MAIN ST and BROOMPARK RD - SUPER condition internally. Double fronted low rent due for review outstanding 2016 with size and rateable value £15,700 good growth expected. VERY BUSY SITE **Excellent trading position.** PRIVATE PARKING facilities.
  • 2869 square footage - SUPER SIZED UNIT (1-3 Broompark Rd: 98.12sqm/ 1,056sq ft, 250 Main St: 168.39qm/ 1,813sq ft). The subjects offer customer / disabled w.c. facilities with partitions erected to form staff counter, tea prep, office and w.c. facilities.
  • Internally the subjects have been recently refurbished to a high standard with heating and cooling provided by air conditioning vents. Benefits from a single storey extension facing onto Broompark Road with dedicated private parking, with secondary frontage onto Main Street.
  • Let to William Hill Organization Limited TOTAL ASSETS OF £1.1 BILLION. VAT FREE INVESTMENT. The company was founded in 1933 and is based in London, United Kingdom. William Hill Organization Limited operates as subsidiary of William Hill plc.


Ownership

Freehold

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

Vacant

- Full vacant possession offered at time of completion.
Rateable Value

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Full Details:

PRIME BLANTYRE Commercial INVESTMENT to William Hill Bookmakers on MAIN ROAD parade of shops in this historic suburb of Glasgow. CURRENT RENTAL INCOME £14,000 per annum but GROWTH EXPECTED towards £17,000 per annum. **RECENT REFURB**DUAL access from both MAIN ST and BROOMPARK RD - SUPER condition internally. Double fronted low rent due for review outstanding 2016 with size and rateable value £15,700 good growth expected. VERY BUSY SITE **Excellent trading position.** PRIVATE PARKING facilities. 2869 square footage - SUPER SIZED UNIT (1-3 Broompark Rd: 98.12sqm/ 1,056sq ft, 250 Main St: 168.39qm/ 1,813sq ft). The subjects offer customer / disabled w.c. facilities with partitions erected to form staff counter, tea prep, office and w.c. facilities.Internally the subjects have been recently refurbished to a high standard with heating and cooling provided by air conditioning vents. Benefits from a single storey extension facing onto Broompark Road with dedicated private parking, with secondary frontage onto Main Street.

Guide Price: £165,000 - Bid Now


What is a Guide Price...

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. Unless specified all properties are subject to a Reserve (minimum acceptable price) which we expect will be set no more than 10% above or below the advertised guide.

Bid Now Explained...

You may submit an offer now on this property for the owner 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.

Map & Location:


100% BUSY site with lease extended super spot facing pub. Blantyre benefits from excellent transport links with the newly upgraded M74 providing access to Glasgow city centre in 20 minutes and Edinburgh via M8 in 45 min. Access to All Local Amenities within Blantyre Town Centre with Further Amenities Available in Nearby Hamilton with Excellent Transport Links to Glasgow, Edinburgh and Beyond. Close to school, shops and all amenities/transport links. Blantyre has excellent shopping amenities as do the nearby towns of Hamilton and East Kilbride. Local 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.

Viewings:


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.

Auction Details:



  • Auction Date...

    04 December 2018


  • Start Time...

    7.00pm


  • Auction Location...

  • Glasgow Radisson Hotel

  • 301 Argyle Street, G2 8DL


Directions...

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.

How To Bid:


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