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REDUCED GUIDE**Superbly proportioned Mixed Use DETACHED former Restaurant premises with a residential 2 Bedroom Flat above. Substantial site with main road frontage within the popular town of Forth.
- Gross Internal Floor Area. Ground Floor Commercial Premises - 1,340 sq.ft (124.62 sq.ft). Residential First Floor Flat - Comprises: Lounge, Galley Kitchen, 2 Double Bedrooms and Family Bathroom.
- To the rear of the premises is a Substantial Site which extends to 7,265 sq.ft approx. with vehicular Access from Main Street.
- The site offers the potential for further development (Subject to Consents & Approval).
- Anticipated combined Rental is Expected in the Region of £9,600 per annum. Based on a Rental of £5,400 p/A on the commercial premises & a rental of £350 per Month (£4,200 p/A) on the Residential flat.
Freehold- Outright ownership of the property and land on which it stands.
Vacant- Full vacant possession offered at time of completion.
Full Details:Superbly proportioned Mixed Use DETACHED former Restaurant premises (Class 3) with a residential 2 Bedroom Flat above. Substantial site with main road frontage and generous out building on the Main Street within the popular town of Forth by Shotts in South Lanarkshire. Freehold Sale - Vendor Sale - Reserve Set and instructed to sell. Gross Internal Floor Area. Ground Floor Commercial Premises - 1,340 sq.ft (124.62 sq.ft). Residential First Floor Flat - Comprises: Lounge, Galley Kitchen, 2 Double Bedrooms and Family Bathroom. To the rear of the premises is a Substantial Site which extends to 7,265 sq.ft approx. with vehicular Access from Main Street. The site houses a Stone Built Store and Propane Tank which services the property. The site offers the potential for further development (Subject to Consents & Approval). Freehold SALE --- Anticipated combined Rental is Expected in the Region of £9,600 per annum. Based on a Rental of £5,400 p/A on the commercial premises and a rental of £350 per Month (£4,200 p/A) on the Residential 1st Floor Flat. Occupying a prominent position on Main Street, Forth for access to all local facilities and transport links including the M8 & M74 motorway network. Super access to the front of the property for deliveries and well located for commuter links to Glasgow, Edinburgh and the central belt.
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.
Offer 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:
Forth is an attractive TOWN in South Lanarkshire lying some miles 26 miles south west of Edinburgh and 28 miles south east of Glasgow. It caters for everyday needs with Lanark, Bathgate and Livingston providing further shopping and services. There is a primary school with secondary schooling at Carluke. FORTH has it’s own sports and community centre and many other field and rural pursuits are to be found within the surrounding countryside. Glasgow and Edinburgh are within easy reach via the M74 and M8 or by local transport.
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.
05 December 2019
111 Glasgow Road, EH12 8NF
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...
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...