TIMED ONLINE AUCTION - 30 October 2020, 10am-4pm - View the auction and bid >>
Lot 90

29 Cumbernauld Road, Public House and Flat, Glasgow, G67 4HN

Opening Bid: £160,000

Vacant Freehold Commercial Offer Now Available



Map & Directions Price & Bidding Offer Now Auction Details


Key Features:

Portfolio of popular public house with lounge and bar, tenanted 2 bedroom flat and area of land with development potential to the rear located in Mollinsburn, Glasgow REALISTIC COMBINED RENTAL OF OVER £30,000 PER ANNUM


  • Popular village public house trading successfully for over 30 years in a popular location within Glasgow with major transport links to city centre and close to M8, M80 and M74 motorways. Combined rental potential of over £30,000 plus additional land with development potential
  • Extremely popular local public house in affluent location presented in turn-key condition. Currently trading but being offered with vacant possession by current owner with genuine reason for sale. realistic rental potential of £15,000 per annum PRICED FOR QUICK SALE
  • Sale includes a 2 bedroom flat currently tenanted with the long term tenant paying £500pcm (£6000 per annum). Massive development potential for land at the rear (subject to necessary consents)
  • Residential property in the area is much sought after making this an extremely desirable development site in addition to an extremely attractive commercial purchase.


Ownership

Freehold

- Outright ownership of the property and land on which it stands.
Occupation

Vacant

- Full vacant possession offered at time of completion.
Rateable Value

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Description:

Portfolio of popular public house with lounge and bar, tenanted 2 bedroom flat and area of land with development potential to the rear. **SUPERB INVESTMENT OPPORTUNITY** Popular village public house trading successfully for over 30 years in a popular location within Glasgow with major transport links to city centre and close to M8, M80 and M74 motorways. Combined rental potential of over £30,000 plus additional land with development potential. Extremely popular local public house in affluent location presented in turn-key condition. Currently trading but being offered with vacant possession by current owner with genuine reason for sale. realistic rental potential of £15,000 per annum PRICED FOR QUICK SALE. Sale includes a 2 bedroom flat currently tenanted with the long term tenant paying £500pcm (£6000 per annum). Massive development potential for land at the rear (subject to necessary consents). Residential property in the area is much sought after making this an extremely desirable development site in addition to an extremely attractive commercial purchase.


Location:

Mollinsburn is a settlement in the North Lanarkshire area of Scotland. It is situated on the A80 road between Condorrat to the east and Moodiesburn to the west. The population is around 100. Located around 20 minutes from Glasgow City Centre, 10 minutes from Cumbernauld and 25 minutes from Stirling.


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Further Info:


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Pricing Info & Bidding:


Opening Bid = £160,000


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Auction Details:



  • Auction Date

    30 October 2020, 10am-4pm


  • Auction Location

  • Timed Online Auction


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