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Description
Retail Investment - Let to Boots UK Limited on FRI Lease until 31st July 2035. Lease shall be SIXTY FIVE THOUSAND POUNDS (£65,000) STERLING per annum. Freehold Sale (Full Ownership).
PROMINENT FRONTAGE*** PERFECT INVESTMENT with immediate RENTAL RETURN. In occupation for over 15 years*** Passing Rent £65,000 PER ANNUM - Boots UK Limited.
Boots UK Limited. Extremely well-positioned property within HIGH FOOTFALL commercial location with parking available locally ***Ideal Commercial Investment Opportunity.
PRIME LOCATION on Airdrie's thriving main shopping thoroughfare in close proximity to a number of national retailers including Iceland, William Hill, Superdrug, Costa Coffee and SpecSavers Opticians.
Commercial Property Let to Boots U.K Ltd on FRI Lease from and including 1st August 2025, the rent payable under the Lease shall be SIXTY FIVE THOUSAND POUNDS (£65,000) STERLING per annum exclusive of value added tax, which rent shall be payable by equal monthly payments in advance on the first day of every month in every year throughout the duration of the lease. On 1 August 2030, the rent payable under the Lease shall be reviewed in accordance with the terms of Part VII of the Schedule to the Lease. Net Area Ground: 508.45sqm (5,473sq ft) 1st : 455.7sqm (4,905sq ft) Total: 964.14sqm (10,378sq ft). Internally the property has been fitted out in accordance with Boots corporate specification. The property is situated on the north east corner of Graham Street, at its junction with Buchanan Street within Airdrie town centre. PRIME LOCATION on Airdrie's thriving main shopping thoroughfare in close proximity to a number of national retailers including Iceland, William Hill, Superdrug, Costa Coffee and SpecSavers Opticians. SECURE INCOME to Grade A tenant. The subjects are let to Boots UK Ltd on a Full Repairing and Insuring lease expiring 31st July 2035. Perfect investment property in popular retail location.
PRIME COMMERCIAL LOCATION on Airdrie's main shopping street in the busy town centre. Airdrie is located approximately 10 miles east of Glasgow and 30 miles west of Edinburgh, with access provided by the M8 Motorway and M73/M74 motorway network. Population of Airdrie is estimated around 40,000 persons.
Full Address: 19 Graham Street, Boots, Airdrie, ML6 6DD
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Map Street View SatelliteSpecial Terms of Sale
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Deposit (?) 5% of Sale Price
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Buyers Fee (?) 2% of Sale Price (Minimum of £4000 +vat)
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.
Tenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)Length: 2035
Rent: £65,000 per year / £5,417 per month
Yield: 8% (approx)
Tenant: Private Individual
Notes: Let to Boots UK Limited on FRI lease terms at £65,000 per annum. Break option August 2030. Lease signed August 2025. Rent review in 2030
Document Downloads
* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.
Pricing Information & Bidding
Opening Bid: £850,000
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). How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.View Live Online Auction
Offer Now... You may submit an offer now on this property for the owner to consider. 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
- 5% Deposit (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- Buyers Fee = 2% of Sale Price (Minimum £4,000 + vat)
STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer.
* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.