Tenanted Commercial Property LOT 66

19 Graham Street, Boots, Airdrie, ML6 6DD
GUIDE PRICE

Deadline for Offers

05 February 2021, 4pm

Bidding Closes in

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  • TypeCommercial
  • Ownership Freehold
  • Occupation Tenanted
  • Rateable Value Search SAA

Description

Full Address: 19 Graham Street, Boots, Airdrie, ML6 6DD

Town Centre Retail Investment*** Let to Boots U.K Ltd on FRI Lease until March 2024. Passing Rent 70,000 PER ANNUM***

100% SECURE INCOME to Grade A tenant. The subjects are let to Boots UK Ltd on a Full Repairing and Insuring lease expiring March 2024. Perfect investment property in popular retail location.

PROMINENT FRONTAGE*** PERFECT INVESTMENT with immediate RENTAL RETURN. In occupation for over 15 years*** Passing Rent 70,000 PER ANNUM***

IDEAL SIZE for BOOTS. Extremely well-positioned property within HIGH FOOTFALL commercial location. ***Ideal 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.

Town Centre Retail Investment*** Let to Boots U.K Ltd on FRI Lease until 1st March 2024. Passing Rent 70,000 Per Annum. Approx. Sizes; 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. 100% SECURE INCOME to Grade A tenant. The subjects are let to Boots UK Ltd on a Full Repairing and Insuring lease expiring March 2024. Perfect investment property in popular retail location.

*100% PRIME 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

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: March 2024
Rent: 70,000 per year / 5,833 per month
Yield: 10% (approx)
Tenant: Private Individual
Notes: Let to Boots U.K Ltd

Document Downloads

  LEGAL PACK (Pending)

Location

Pricing Information & Bidding

Guide Price: £690,000


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 prior to the auction.

Offer Now... You may submit an offer now on this property for the owner to consider ahead of the set auction. 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

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 1.25% of Sale Price (Minimum £2,500 + vat)

* STANDARD TERMS are 4 week completion with 1 week entension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

Auction Details

Date & Time: 05 February 2021, 4pm
Type: Deadline for Offers

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