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Description

• Status: Available
• Type: Commercial

• Ownership: Freehold
• Occupation: Tenanted

• Rateable Value: Search

COMMERCIAL INVESTMENT OPPORTUNITY*** Let to WILLIAM HILL on NEW 15 YEAR FRI LEASE*** IMMEDIATE RENTAL INCOME OF £10,000 PER ANNUM***

Prominent position on BUSY main road. EXCELLENT INVESTMENT OPPORTUNITY***

PRIME investment currently LET to William Hill at £10,000 Per Annum on NEW 15 YEAR FRI LEASE.

HIGH VOLUMES OF PASSING TRADE.*** Nearby occupiers include Domino's Pizza, Nisa Local, Sunset Beach and Londis convenience store.

Situated in the suburb of Barmulloch, 3 miles from the City Centre. EXCELLENT TRADING LOCATION.

COMMERCIAL INVESTMENT OPPORTUNITY*** Let to WILLIAM HILL on NEW 15 YEAR FRI LEASE*** IMMEDIATE RENTAL INCOME OF £10,000 PER ANNUM*** Prominent position on BUSY main road. EXCELLENT INVESTMENT OPPORTUNITY*** PRIME investment currently LET to William Hill at £10,000 Per Annum on NEW 15 YEAR FRI LEASE. HIGH VOLUMES OF PASSING TRADE.*** Nearby occupiers include Domino's Pizza, Nisa Local, Sunset Beach and Londis convenience store. Situated in the suburb of Barmulloch, 3 miles from the City Centre. EXCELLENT TRADING LOCATION.

Situated in the suburb of Barmulloch, 3 miles from the City Centre. EXCELLENT TRADING LOCATION. The area has good arterial road links and is well served by local bus services with connections to the M8 motorway network.

Full Address: 552 Broomfield Road, William Hill Investment, Glasgow, G21 3HN

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: NEW 15 YEAR LEASE
Rent: £10,000 per year / £833 per month
Yield: 11% (approx)
Tenant: Company
Notes:

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Pricing Information & Bidding

Opening Bid: £94,000

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VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.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: 12 December 2024, 10am-3pm
Type: Timed Online Auction

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