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Description

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

INCOME PRODUCING INVESTMENT*** Ground floor commercial premises (1,239sq ft) Located in Airdrie town Centre. Let to Sun Nail Salon Ltd FRI lease producing £16,000pa with 5 years remaining.

The property is held on a full repairing and insuring head lease on the following terms; Tenant: Sun Nail Salon Ltd Expiry 31st July 2035 Rent Review / Break: 1st August 2030 Passing Rent: £16,000p.a

Internally the property is presented in good condition with open plan retailing space to the front with w.c and tea prep to the rear. The basement offers ancillary storage space. Total: 115.1sqm

The property has been calculated to extend to the following net internal area; Ground: 61.78sqm (665sq ft) Basement: 53.32sqm (574sq ft) Total: 115.1sqm (1,239sq ft) NAV/RV: £9,000

PRIME LOCATION Neighboring occupiers include; Betfred, Virgin Bank, Semi Chem and British Heart Foundation

INCOME PRODUCING INVESTMENT*** Ground floor commercial premises (1,239sq ft) Located in Airdrie town Centre. Let to Sun Nail Salon Ltd FRI lease producing £16,000pa with 5 years remaining. The property is held on a full repairing and insuring head lease on the following terms; Tenant: Sun Nail Salon Ltd Expiry 31st July 2035 Rent Review / Break: 1st August 2030 Passing Rent: £16,000p.a Internally the property is presented in good condition with open plan retailing space to the front with w.c and tea prep to the rear. The basement offers ancillary storage space. Total: 115.1sqm The property has been calculated to extend to the following net internal area; Ground: 61.78sqm (665sq ft) Basement: 53.32sqm (574sq ft) Total: 115.1sqm (1,239sq ft) NAV/RV: £9,000 PRIME LOCATION Neighboring occupiers include; Betfred, Virgin Bank, Semi Chem and British Heart Foundation

The subjects are located on the west side of Bank Street in the retailing heart of Airdrie with Graham Street immediately to the south Neighbouring retailers include; Betfred, Virgin Bank, Semi Chem and British Heart Foundation. Airdrie is a principal town in North Lanarkshire with an approximate population of 37 000 It lies 12 miles east of Glasgow and benefits from good road and rail links to Glasgow, Edinburgh, and the South.

Full Address: 5 Bank Street, Investment, Airdrie, ML6 0AA

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Pricing Information & Bidding

Opening Bid: £136,000

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: 18 September 2025, 12pm
Type: Timed Online Auction

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