Tenanted Commercial LOT 150

 Macleay Lane, Wick, Caithness, KW1 4NN
BIDDING OPENS in...
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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted

Ground Floor Comprising 1,495.6 sq m (16,099 sqft) . Let at £30,000 pa to Pound Strecher. Opportunity to renegotiate lease. PREVIOUSLY SOLD for £1.6 million.

Prominent position adjacent to the High Street and the main Town Centre car park. Occupiers nearby include Boots, Specsavers, Virgin Money, Bank of Scotland and a mix of local occupiers

The property benefits from parking for some 18 cars to the side of the building.

The property is situated a short distance south west of High Street adjacent to the town's main public car park

Wick is a busy town in the North of Scotland situated approximately 20 miles southeast of Thurso

Wick is a busy town in the North of Scotland situated approximately 20 miles southeast of Thurso The town lies to the north of the A99, a key arterial route to North coast The town benefits from Scot Rail services at the nearby Wick Station some 0.5 miles to the south west of the property The property is situated a short distance south west of High Street adjacent to the town's main public car park Occupiers nearby include Boots, Specsavers, Virgin Money, Bank of Scotland and a mix of local occupiers

Full Address:  Macleay Lane, Wick, Caithness, KW1 4NN

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: Rolling
Rent: £30,000 per year / £2,500 per month
Yield: 10% (approx)
Tenant: Company
Notes: Let at £30,000 pa to Pound Strecher. Opportunity to renegotiate lease.

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Pricing Information & Bidding

Opening Bid: £288,000

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.

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Offer Now... 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.

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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

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

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Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

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Buy Now Price = £320,000

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 £320,000 - CLICK HERE

Auction Details

Date & Time: 02 May 2024, 10am-3pm
Type: Timed Online Auction

View Full Auction Catalogue

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