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Lot 124

31 Strathblane Road, Campsie Glen, Lennoxtown, G66 7AN

Guide Price: £115,000

Vacant Freehold Commercial Offer Now Available


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Key Features:

EXCELLENT INVESTMENT/ DEVELOPMENT OPPORTUNITY* Former public house with additional tenanted 2 bedroom cottage located within the affluent village of Campsie Glen in East Dunbartonshire


  • REALISTIC RENTAL POTENTIAL OF £16,500 per annum (£1,375PCM) between the public house and 2 bedroom cottage. With the cottage previously let to a settled long-term tenant for £525pcm (£6300 per annum)
  • DEVELOPMENT OPPORTUNITY with potential to build up to 12 cottage flats or an impressive family home within picturesque setting. (subject to consent) *Site area of approx 0.096 hectares (0.23 acres)*
  • RECENT SALES WITHIN AFFLUENT SETTING: 63 Strathblane Road, Campsie Glen, £321,400 Apr 2018 (3 Bed) Burnbank Cottage, Campsie Glen, £375,000 Dec 2016 Kilwinnet House, Campsie Glen, £475,000
  • MASSIVE INVESTMENT POTENTIAL with potential for use as an Inn/Public House or change of use to coffee shop/restaurant (subject to consent) close to Trossachs and West Highland Way- high passing trade


Ownership

Freehold

- Outright ownership of the property and land on which it stands.
Occupation

Vacant

- Full vacant possession offered at time of completion.
Rateable Value

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Full Details:

IMMEDIATE INCOME PRODUCING INVESTMENT. *EXCELLENT INVESTMENT/ DEVELOPMENT OPPORTUNITY* Former public house with additional 2 bedroom cottage located within the affluent village of Campsie Glen in East Dunbartonshire. REALISTIC RENTAL POTENTIAL OF £16,500 per annum (£1,375PCM) between the public house and 2 bedroom cottage. With the cottage previously let to a settled long-term tenant for £525pcm (£6300 per annum. DEVELOPMENT OPPORTUNITY with potential to build up to 12 cottage flats or an impressive family home within picturesque setting. (subject to consent) RECENT SALES WITHIN AFFLUENT SETTING: 63 Strathblane Road, Campsie Glen, £321,400 Apr 2018 (3 Bed) Burnbank Cottage, Campsie Glen, £375,000 Dec 2016 Kilwinnet House, Campsie Glen, £475,000 MASSIVE INVESTMENT POTENTIAL with potential for use as an Inn/Public House or change of use to coffee shop/restaurant (subject to consent) close to Trossachs and West Highland Way- high passing trade *Site area of approx 0.096 hectares (0.23 acres)* Commercial net internal area (NIA) of 120.59 sq.m (1298 sq.ft) approx.

Guide Price: £115,000 - Offer Now


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 at any time prior to the auction. Unless specified all properties are subject to a Reserve (minimum acceptable price) which we expect will be set no more than 10% above or below the advertised guide.

Offer Now Explained...

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.

Map & Location:


The subjects are situated on the south side of Strathblane Road within the village sitting between Strathblane and Lennoxtown at the foot of the Campsie Fells. Approx 30 mins from Glasgow City Centre.

Viewings:


IMPORTANT NOTICE...


Due to Government advice on COVID-19 no viewings are currently possible. We advise all interested parties to follow social distancing rules for safety.

Auction Details:



  • Auction Date...

    28 April 2020, 9am-5pm


  • Auction Location...

  • Glasgow Online

  • Online Bidding Only