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Enhanced Terms of Sale

• Reduced Buyers Fee (?) 2% of Sale Price (Minimum of £3250 +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.

Description

• Status: Available
• Type: Commercial

• Ownership: Freehold
• Occupation: Tenanted

• Rateable Value: Search

PERFECT INVESTMENT WITH IMMEDIATE RENTAL INCOME OF £11,000 PER ANNUM*** Excellent sized tenanted commercial unit located in Motherwell Town Centre.

SUPER TRADING LOCATION. Ground floor commercial premises currently trading as Sandwich shop. Excellent frontage onto BUSY street.

Well located and extremely busy shopping centre in Motherwell. HIGH FOOTFALL LOCATION. Car park to the rear.

PRIME COMMERCIAL LOCATION with nearby national retailers including Lidl and Boots Pharmacy.

PERFECT COMMERCIAL INVESTMENT WITH GUARANTEED RENTAL INCOME OF £11,000 PER ANNUM. Unit extends to approx. 600sq ft.

PERFECT INVESTMENT WITH IMMEDIATE RENTAL INCOME OF £11,000 PER ANNUM*** Excellent sized tenanted commercial unit located in Motherwell Town Centre. SUPER TRADING LOCATION. Ground floor commercial premises currently trading as Sandwich shop. Excellent frontage onto BUSY street. PRIME COMMERCIAL LOCATION with nearby national retailers including Lidl and Boots Pharmacy. Well located and extremely busy shopping centre in Motherwell. HIGH FOOTFALL LOCATION. PERFECT COMMERCIAL INVESTMENT WITH GUARANTEED RENTAL INCOME OF £11,000 PER ANNUM. Situated upon Windmillhill Street (A721) a busy arterial route which benefits from high volumes of daily passing traffic and footfall.

Located within the town of Motherwell, with a population of approximately 31,906. Motherwell benefits from excellent road links via the M74 and links to the M73 and M8 Network.

Full Address: 151 Windmillhill Street, Motherwell, ML1 1RY

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Tenancy Details

Type of Agreement:
Length: until 1st August 2024
Rent: £11,000 per year / £917 per month
Yield: 14% (approx)
Tenant: Private Individual
Notes:

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Pricing Information & Bidding

Opening Bid: £76,000

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 £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.

Payment Calculator

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: 08 August 2024, 10am-3pm
Type: Timed Online Auction

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