Vacant Commercial LOT 250

102 Quarry Street, Hamilton, ML3 7AX
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Guide Price
£100,000


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12 September 2024, 3pm

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Description

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

***PRIME TOWN CENTRE RETAIL UNIT WITH VACANT POSSESSION*** Vacant retail unit available within prominent trading location with immediate on street parking available.

***The subjects are around 40 square metres in size and occupy the ground floor level of an attractive 3 storey traditional sandstone tenement building***

***Until recently the premises were leased to a nail bar on an annual rental of £15,000 pa. This would deliver a potential rental yield of around 14% based on guide price***

*** Fantastic opportunity to acquire a prime vacant commercial unit in town centre location. Currently vacant but suitable for a number of potential uses.

*** Located within a vibrant trading position with a range of high street and independent traders; including Primark, Cash Generator and Baynes Family Bakers chain***

***PRIME TOWN CENTRE RETAIL UNIT WITH VACANT POSSESSION*** Vacant retail unit available within prominent trading location with immediate on street parking available. ***The subjects are around 40 square metres in size and occupy the ground floor level of an attractive 3 storey traditional sandstone tenement building*** ***Until recently the premises were leased to a nail bar on an annual rental of £15,000 pa. This would deliver a potential rental yield of around 14% based on guide price. The property is offered on a freehold basis and is subject to VAT at the current rate on exchange. *** Fantastic opportunity to acquire a prime vacant commercial unit in town centre location. Currently vacant but suitable for a number of potential uses*** *** Located within a vibrant trading position with a range of high street and independent traders; including Primark, Cash Generator and Baynes Family Bakers chain***

Hamilton is located approximately 12 miles south-east of Glasgow city centre with a population of approximately 50,000 and a catchment of approximately 350,000 within a 10 mile radius. More specifically the subject property is located in the heart of Hamilton town centre and commands a prominent position on Quarry Street. Neighbouring occupiers include Semi-Cash Generators, Primark and Baynes Family Baker chain. On-street parking is provided on Quarry Street itself whilst there are a number of pay and display car parks within the vicinity. Transport National Rail - Hamilton Central (ScotRail)

Full Address: 102 Quarry Street, Hamilton, ML3 7AX

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Pricing Information & Bidding

Guide Price: £100,000


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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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 12 September 2024, 3pm
Type: Deadline for Offers

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