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Description

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

INCOME PRODUCING INVESTMENT*** Tenanted detached commercial building let to Coral betting on a FRI lease producing £12,200pa with 2 years remaining.

Immediate income producing investment***BLUE CHIP TENANT Let to Coral at a passing rent of £12,200pa until February 27.

PRIME INVESTMENT Property is sure to appeal to investors looking to a easily rentable/manageable property in a sought after location.

SUPER TRADING POSITION ***with highly visible frontage. PRIME INVESTMENT PROPERTY in excellent trading position on busy shopping street. **PERFECT ADDITION TO ANY PORTFOLIO**

Jerviston Street in Motherwell presents a comfortable residential setting with access to various amenities, dining options, educational institutions, and transportation links.

INCOME PRODUCING INVESTMENT*** Tenanted detached commercial building let to Coral betting on a FRI lease producing £12,200pa with 2 years remaining. Immediate income producing investment***BLUE CHIP TENANT Let to Coral at a passing rent of £12,200pa until February27. PRIME INVESTMENT Property is sure to appeal to investors looking to a easily rentable/manageable property in a sought after location. SUPER TRADING POSITION ***with highly visible frontage. PRIME INVESTMENT PROPERTY in excellent trading position on busy shopping street. **PERFECT ADDITION TO ANY PORTFOLIO** Jerviston Street in Motherwell presents a comfortable residential setting with access to various amenities, dining options, educational institutions, and transportation links.

Jerviston Street in Motherwell, North Lanarkshire, is a residential area offering a blend of modern living, local amenities, and convenient access to transportation. While Jerviston Street itself hosts several local shops and services, residents also have easy access to the nearby Motherwell Shopping Centre. This outdoor shopping complex features over 85 stores, including national retailers like Primark, Boots, and JD Sports, as well as various dining options . Motherwell Railway Station is located nearby, this station lies on the West Coast Main Line and offers services to Glasgow, Edinburgh, and other destinations . The area is conveniently situated near both the M74 and M8 motorways, facilitating easy travel by car .

Full Address: 39 Jerviston Street, Coral, Motherwell, ML1 4JJ

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Map & Location

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 2 Years
Rent: £12,200 per year / £1,017 per month
Yield: 10% (approx)
Tenant: Company
Notes: £12,200pa until February27.

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Pricing Information & Bidding

Opening Bid: £125,000

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 £2,750 for on time settlement

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

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Auction Details

Date & Time: 19 June 2025, 10am-3pm
Type: Timed Online Auction

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