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Description

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

TENANTED INVESTMENT PROPERTY*** Ground floor commercial unit located on BUSY street within Motherwell town centre. ***IMMEDIATE RENTAL INCOME OF £10,000 PER ANNUM***

VAT FREE*** Currently LET until 31st July 2028 at £10,000 Per Annum. IMMEDIATE RETURN ON INVESTMENT***

SUPER TRADING SPOT*** Nearby occupiers include Lidl, Boots Pharmacy, Tony Macaroni, Tesco express and Tim Hortons.

PROMINENT FRONTAGE onto BUSY street with HIGH volumes of passing trade.

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

TENANTED INVESTMENT PROPERTY*** Ground floor commercial unit located on BUSY street within Motherwell town centre. ***IMMEDIATE RENTAL INCOME OF £10,000 PER ANNUM*** VAT FREE*** Currently LET until 31st July 2028 at £10,000 Per Annum. IMMEDIATE RETURN ON INVESTMENT*** SUPER TRADING SPOT*** Nearby occupiers include Lidl, Boots Pharmacy, Tony Macaroni, Tesco express and Tim Hortons. PROMINENT FRONTAGE onto BUSY street with HIGH volumes of passing trade. EXCELLENT TRADING LOCATION*** Located within the town of Motherwell, with a population of approx. 31,906. Motherwell benefits from excellent road links via the M74 and links to the M73 and M8 Network.

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: 153 Windmillhill Street, Motherwell, ML1 1RY

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Tenancy Details

Type of Agreement: Basic Lease
Length: until 31/07/2028
Rent: £10,000 per year / £833 per month
Yield: 13% (approx)
Tenant: Private Individual
Notes:

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Pricing Information & Bidding

Guide Price: £95,000


What is a Guide Price... Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change prior to the auction.

Offer Now... You may submit an offer now on this property for the owner to consider ahead of the set auction. 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 = 3% of Sale Price (Minimum £3,250 + vat)
  • 4 Weeks Completion or Longer By Agreement
  • Contribution to Sellers Costs £1,750 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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Buy Now Price = £100,000

Please use our BUY NOW form to secure this property now. Once you submit the form we will send you an invoice and payment details so you can make the necessary deposit payment to proceed with the purchase.

BUY NOW for £100,000 - CLICK HERE

Auction Details

Date & Time: 09 May 2024, 3pm
Type: Deadline for Offers

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