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Description
Prime Position Ground Floor Ready Let Commercial Unit : 31.38sqm (339sq ft). RENTAL Passing £8,400p.a. Lease Expiry September 2027. Rates & V.A.T. Free. Situated in Affluent Area. High yielding Buy.
The property occupies a prominent pitch on West Princes Street, one of Helensburgh’s main retailing thoroughfares.
The surrounding area consists of a blend of residential and commercial occupiers including Morrisons, Helensburgh Dental Practice and The Ashton within the town of Helensburgh.
Helensburgh is an affluent and prosperous community situated on the Firth of Clyde, some 30 miles north west of Glasgow and is one of the principal towns in Argyll & Bute.
The subjects comprise of a mid terraced retail unit forming part of a traditional four storey tenement, with residential dwellings on the upper floors.
The subjects comprise of a mid terraced retail unit forming part of a traditional four storey tenement, with residential dwellings on the upper floors. The property benefits from dedicated pedestrian access via West Princes Street. Internally, the subjects provide a reception area to the front, as well as two large rooms. Ancillary accommodation including W/C facilities and a kitchen/prep area are situated to the rear of the premises. The current tenants fit out benefits from a vinyl floor covering and a suspended tiled ceiling with integrated spot lighting throughout. The subjects have been measured on a Net Internal Area basis to extend to the following; Ground: 31.38sqm (339sq ft)
Tenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)Length: September 2027
Rent: £8,400 per year / £700 per month
Yield: 14% (approx)
Tenant: Private Individual
Notes:
Maps & Location
Map Street View SatelliteThe property occupies a prominent pitch on West Princes Street, one of Helensburgh’s main retailing thoroughfares. The surrounding area consists of a blend of residential and commercial occupiers including Morrisons, Helensburgh Dental Practice and The Ashton.within the town of Helensburgh. Helensburgh is an affluent and prosperous community situated on the Firth of Clyde, some 30 miles north west of Glasgow and is one of the principal towns in Argyll & Bute.
Document Downloads
Pricing Information & Bidding
Opening Bid: £59,000
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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 £3,250 + 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 - 96West Princes St, Ready Let Investment, Helensburgh