Description
SUPER TENANTED CITY CENTRE INVESTMENT***Currently LET to BETFRED on FRI LEASE until 30/07/2027 ***IMMEDIATE RENTAL INCOME OF £60,000 PER ANNUM***
EXCELLENT TRADING LOCATION*** Nearby occupiers include Sainsburys, Tesco Express, Cafe Nero and Bar burrito.
PRIME GLASGOW CITY CENTRE LOCATION*** Well located for Glasgow CITY CENTRE amenities including transport links which are available by bus and rail.
HIGH VOLUMES OF PASSING TRAFFIC*** Glasgow is the largest city in Scotland, being located on the River Clyde, 41 miles west of Edinburgh.
SUPER TENANTED CITY CENTRE INVESTMENT***Currently LET to BETFRED on FRI LEASE until 30/07/2027 ***IMMEDIATE RENTAL INCOME OF £60,000 PER ANNUM*** 2,677 sq ft (248.69 sq m) Betfred are a prominent UK-based bookmaker and online gambling company, offering a wide range of sports betting, casino games, and online gaming options. The company trade from 1,600 stores across the UK. For the year ended 25th September 2022, Done Brothers (Cash Betting) Limited reported a turnover of £418,840,000, a pre-tax profit of £40,464,000, shareholder's funds of £90,399,000 and a net worth of £77,595,000
PRIME GLASGOW CITY CENTRE LOCATION. Well located for Glasgow CITY CENTRE amenities including transport links which are available by bus and rail and there is also a subway link taking the commuter across Glasgow.
Full Address: 88 Gordon Street, Betfred Investment, Glasgow City Centre, G1 3RP
Show MoreTenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)Length: 30/07/2027
Rent: £60,000 per year / £5,000 per month
Yield: 9% (approx)
Tenant: Company
Notes:
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Pricing Information & Bidding
Opening Bid: £653,000
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SPECIAL Terms of Sale
- 10% Deposit
- Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
- 4 Weeks Completion or Longer By Agreement
- Contribution to Sellers Costs £1,750 for on time settlement
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Buy Now Price = £725,000
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Auction Details
Type: Timed Online Auction
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