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Description

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

PRIME INVESTMENT OPPORTUNITY*** tenanted commercial property well located 100% prime Corner west end Glasgow investment ***IMMEDIATE INCOME PRODUCING INVESTMENT.*** VAT FREE***

Tenanted Investment Opportunity Tenant is Anderson McGuire funeral directors. Tenant currently pays £1,875 per month £22,500 per annum. ***LOW RENTAL*** ERV £30,000.

100% prime West End of Glasgow location close to Partick underground station and Byres Road Glasgow University. Occupiers close by include Boots Pharmacy, Morrison, Post Office and Ladbrokes.

Dumbarton Road is bustling with shops, restaurants, cafes, and bars. The road is central to the vibrant culture of the Partick area, known for its mix of residential and commercial spaces.

Central location close to the Clydeside Expressway, Garscadden train station and bus routes directly into the City Centre, Clydebank and Dumbarton. High Passing trade by footfall and cars.

PRIME INVESTMENT OPPORTUNITY*** tenanted commercial property well located 100% prime Corner west end Glasgow investment ***IMMEDIATE INCOME PRODUCING INVESTMENT.*** VAT FREE*** Tenanted Investment Opportunity Tenant is Anderson McGuire funeral directors. Tenant currently pays £1,875 per month £22,500 per annum. ***LOW RENTAL*** ERV £30,000. 100% prime West End of Glasgow location close to Partick underground station and Byres Road Glasgow University. Occupiers close by include Boots Pharmacy, Morrison, Post Office and Ladbrokes. Dumbarton Road is bustling with shops, restaurants, cafes, and bars. The road is central to the vibrant culture of the Partick area, known for its mix of residential and commercial spaces. Central location close to the Clydeside Expressway, Garscadden train station and bus routes directly into the City Centre, Clydebank and Dumbarton. High Passing trade by footfall and cars.

Dumbarton Road starts in the West End of Glasgow and runs in a westward direction through various neighborhoods, including Partick, Thornwood, and Whiteinch, before continuing out of Glasgow towards Clydebank and Dumbarton. Dumbarton Road is bustling with shops, restaurants, cafes, and bars. The road is central to the vibrant culture of the Partick area, known for its mix of residential and commercial spaces. The area is well serviced by public transport links with a large bus terminus located on Anderson Street adjacent with Partick Train Station located there also with both above and underground train stations.

Full Address: 405 Dumbarton Rd, Anderson McGuire Investment, Glasgow West End, G11 6BE

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 3 Years
Rent: £22,500 per year / £1,875 per month
Yield: 9% (approx)
Tenant: Private Individual
Notes:

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Pricing Information & Bidding

Opening Bid: £250,000

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: 07 November 2024, 10am-3pm
Type: Timed Online Auction

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