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Description

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

PRIME LET BOOTS INVESTMENT*** 2,925sq.ft. over Ground & 1st Floors. Highly visible commercial unit on BUSY Main Street within Bellshill Town Centre. FRI LEASE TO BOOTS UK LTD £24,400 PER ANNUM.

Long term tenant since 2009. LET to Boots UK Ltd on FRI LEASE at £24,400 Per Annum until 2nd October 2024. EXCELLENT INVESTMENT OPPORTUNITY***

PRIME TRADING LOCATION with EXCELLENT FRONTAGE onto Main Street. Nearby occupiers include Semi Chem, Poundstretcher, Corals, Farmfoods, Tesco Extra, Morrisons and Greggs.

Located on BUSY Main Street in Bellshill TOWN CENTRE. PROMINENT position with HIGH PASSING TRADE. Ground - 1,925sq.ft. First - 1,000sq.ft. Total - 2,925sq.ft.

Bellshill easily accessible via the Glasgow motorway network. Bellshill benefits from good public transport links and is located approx. 13 miles south east of Glasgow City Centre.

Comprises a mid terraced commercial unit formed over ground and 1st floors within a larger 2 storey commercial development surmounted by a flat roof with rear access via a common yard to the rear. The property benefits from a substantial frontage of aluminium framed and glazed construction with partially recessed double entrance door of aluminium framed and glazed construction secured by full width roller shutter. Internall fitted out in accordance with the tenants corportate specs with floors overlaid by linoleum, lighting by way of LED STRIPS recessed within the tile ceiling and heating/cooling by way or ceiling mounted air con units. Partitions erected at rear of property to mask rear door access along with staircase leading to the upper floors and storage. The 1st floor provides staff tea prep, wc, office and stores.

Bellshill has a population of circa 30,000 persons and is located 2 miles to the north of Motherwell and 10 miles to the east of Glasgow city centre. PRIME TRADING LOCATION with EXCELLENT FRONTAGE onto Main Street. Nearby occupiers include Semi Chem, Poundstretcher, Corals, Farmfoods, Tesco Extra, Morrisons and Greggs. Bellshill easily accessible via the Glasgow motorway network. Bellshill benefits from good public transport links and is located approx. 13 miles south east of Glasgow City Centre. Ground - 1,925sq.ft. First - 1,000sq.ft. Total - 2,925sq.ft.

Full Address: 245-247 Main Street, Boots Investment, Bellshill, ML4 1AJ

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 2nd October 2024
Rent: £24,400 per year / £2,033 per month
Yield: 9% (approx)
Tenant: Company
Notes: Long term tenant since 2009. LET to Boots UK Ltd on FRI LEASE at £24,400 Per Annum until 2nd October 2024.

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Pricing Information & Bidding

Guide Price: £309,000


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 prior to the auction.

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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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Buy Now Price = £325,000

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Auction Details

Date & Time: 09 May 2024, 3pm
Type: Deadline for Offers

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