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Description

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

PRIME HOT FOOD INCOME PRODUCING INVESTMENT***Tenanted commercial property over ground floor and first floor. Currently producing £20,000 per annum on a 12 year FRI lease.

Compromises: Ground Floor: 106 sqm (1,143sq ft) First Floor: 64sqm (693 sq ft) Total: 170sqm (1,836 sq ft)

SUPER TRADING POSITION ***with highly visible frontage. PRIME INVESTMENT PROPERTY in excellent trading position on busy shopping street. **PERFECT ADDITION TO ANY PORTFOLIO**

HIGH VOLUMES OF PASSING TRADE*** Located on the North side of Graham Street between its junctions with Buchanan Street and Baillies Lane on the main retailing parade within Airdrie town centre.

EXCELLENT TRADING LOCATION*** Nearby occupiers include Boots Pharmacy, Greggs, Subway & Costa Coffee.

PRIME RETAIL INCOME PRODUCING INVESTMENT***Tenanted commercial property over ground floor and first floor. Currently producing £20,000 per annum on a 12 year FRI lease. Compromises: Ground Floor: 106 sqm (1,143sq ft) First Floor: 64sqm (693 sq ft) Total: 170sqm (1,836 sq ft) SUPER TRADING POSITION ***with highly visible frontage. PRIME INVESTMENT PROPERTY in excellent trading position on busy shopping street. **PERFECT ADDITION TO ANY PORTFOLIO** HIGH VOLUMES OF PASSING TRADE*** Located on the North side of Graham Street between its junctions with Buchanan Street and Baillies Lane on the main retailing parade within Airdrie town centre. EXCELLENT TRADING LOCATION*** Nearby occupiers include Boots Pharmacy, Greggs, Subway & Costa Coffee.

HIGH VOLUMES OF PASSING TRADE*** Located on the North side of Graham Street between its junctions with Buchanan Street and Baillies Lane on the main retailing parade within Airdrie town centre. Airdrie is a populated town within the North Lanarkshire area with a population of of c.35,000persons and a further catchment of 340,000.

Full Address: 27 Graham Street, Let Hot Food Investment, Airdrie, Glasgow, ML6  6DD

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Map & Location

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 12
Rent: £20,000 per year / £1,667 per month
Yield: 12% (approx)
Tenant: Company
Notes: PEPES August 2036 £20,000 Per annum FRI Lease

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Pricing Information & Bidding

Opening Bid: £169,000

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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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 £2,750 for on time settlement

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

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Auction Details

Date & Time: 03 April 2025, 10am-3pm
Type: Timed Online Auction

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