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Description

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

INCOME PRODUCING INVESTMENT*** Ground floor commercial premises (600sq ft) Located on Parade in Village Centre. let to Coral betting on a FRI lease producing £6,400pa with 2 years remaining.

Immediate income producing investment***BLUE CHIP TENANT Let to Coral at a passing rent of £6,400pa 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**

Thornton Road in Blackwood is a dynamic area that combines community spirit with practical amenities and connectivity offering a welcoming environment with a range of facilities to suit various needs

INCOME PRODUCING INVESTMENT*** Ground floor commercial premises (600sq ft) Located on Parade in Village Centre. let to Coral betting on a FRI lease producing £6,400pa with 2 years remaining. Immediate income producing investment***BLUE CHIP TENANT Let to Coral at a passing rent of £6,400pa 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** Thornton Road in Blackwood is a dynamic area that combines community spirit with practical amenities and connectivity offering a welcoming environment with a range of facilities to suit various needs

Thornton Road in Blackwood, South Lanarkshire, is a central thoroughfare that seamlessly connects with the neighboring village of Kirkmuirhill. This area offers a blend of community amenities, dining options, and convenient transport links, making it a vibrant part of the region. Thornton Road and its surrounding areas host a variety of local shops and services, providing residents with essential amenities. From convenience stores to specialty shops, the area caters to daily needs and fosters a supportive local economy. Thornton Road is well-served by several bus routes, including the 253, 8, 258, and 8A lines. These routes connect Blackwood and Kirkmuirhill to nearby towns such as Lanark and Coalburn, offering residents accessible public transportation options. The area benefits from its proximity to major roadways, including the M74 motorway, facilitating easy travel to and from the region.

Full Address: 62 Thornton Road, Coral Investment, Blackwood, Kirkmuirhill, ML11 9QE

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Map & Location

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Special Terms of Sale

  • Buyers Fee (?) 2% of Sale Price (Minimum of £2500 +vat)

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.

Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 2 Yeats
Rent: £6,400 per year / £533 per month
Yield: 10% (approx)
Tenant: Company
Notes: Let to Coral at a passing rent of £6,400pa until February 27

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Pricing Information & Bidding

Opening Bid: £64,000

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).

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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 = 2% of Sale Price (Minimum £2,500 + 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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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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Auction Details

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

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