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Description
PRIME CORNER TOWN CENTRE TENANTED RETAIL PROPERTY*** Ground floor: 164.51sqm (1,771sq ft) busy town centre location. Let to William Hill at £30,000 pa. Fantastic Let Asset Purchase with potential.
***INCOME PRODUCING INVESTMENT*** Held on a FRI Lease. Currently achieving £30,000 per annum tenants WILLIAM HILL Ideal investment opportunity with an excellent rental return.
Internally the property has been fitted out in accordance with William Hill corporate specification with a large open plan floor space, eye testing room, storage space, office and w.c facilities.
PRIME TOWN CENTRE LOCATION Neighbouring occupiers include Boots Pharmacy, Boots Opticians, Superdrug, Costa Coffee, Iceland and SpecSavers Opticians.
Airdrie is a populated town within the North Lanarkshire area with a population of of c.40,000 persons and a further catchment of 340,000. The area is well serviced with public transport links.
***TOWN CENTRE TENANTED RETAIL INVESTMENT*** Ground floor: 164.51sqm (1,771sq ft) busy town centre location ***INCOME PRODUCING INVESTMENT*** Held on a FRI Lease. Currently achieving £30,000 per annum tenants WILLIAM HILL Ideal investment opportunity with an excellent rental return. Internally the property has been fitted out in accordance with William Hill corporate specification with a large open plan floor space, eye testing room, storage space, office and w.c facilities. Neighbouring occupiers include Boots Pharmacy, Boots Opticians, Superdrug, Costa Coffee, Iceland and SpecSavers Opticians. Airdrie is a populated town within the North Lanarkshire area with a population of of c.40,000persons and a further catchment of 340,000. The area is well serviced with public transport links.
Tenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)Length: 06/2026
Rent: £30,000 per year / £2,500 per month
Yield: 11% (approx)
Tenant: Company
Notes: Let To: William Hill Expiry June 2026 Passing Rent: £30,000p.a.x
Maps & Location
Map Street View SatelliteLocated on Airdrie's main shopping street in the busy town centre. Airdrie is located approximately 10 miles east of Glasgow and 30 miles west of Edinburgh, with access provided by the M8 Motorway and M73/M74 motorway network. Population of Airdrie is estimated around 40,000
Document Downloads
Pricing Information & Bidding
Opening Bid: £273,000
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Terms & Conditions of Sale
- 10% Deposit (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- Buyers Fee = 2% of Sale Price (Minimum £2,500 + vat)
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STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer for each property which may differ in deposit amount, completion and buyers fee.
* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.
General Terms & Conditions of Sale
Lot Specific Terms - 5-7Buchanan Street, William Hill, Airdrie