BIDDING OPENS in...

Map & Location

Map   Street View   Satellite

Description

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

PRIME CITY CENTRE TENANTED INVESTMENT currently LET to William Hill on FRI LEASE until 28.09.2029 at £89,440 PER ANNUM***IMMEDIATE RENTAL INCOME.

Ground and basement floors extending to approx. 3,214 sq. ft (298.6 sq.m). For the year ended 28th December 2021, William Hill Organization Limited reported a turnover of £332,900,000.

PRIME GLASGOW CITY CENTRE LOCATION*** Located opposite Central station. Nearby occupiers include Sainsburys, Tesco Express, Cafe Nero and Bar burrito.

EXCELLENT RETURN ON INVESTMENT*** Situated on the north side of Gordon Street at its junction with Hope Street.

Glasgow is the largest city in Scotland, being located on the River Clyde, 41 miles west of Edinburgh.

PRIME CITY CENTRE TENANTED INVESTMENT currently LET to William Hill on FRI LEASE until 28.09.2029 at £89,440 PER ANNUM***IMMEDIATE RENTAL INCOME. William Hill is gambling company trading from approximately 2,300 stores nationwide. For the year ended 28th December 2021, William Hill Organization Limited reported a turnover of £332,900,000, a pre-tax profit of £75,200,000, shareholder's funds of £392,700,000 and a net worth of £370,100,000 PRIME GLASGOW CITY CENTRE LOCATION*** Located across from Central station. Nearby occupiers include Sainsburys, Tesco Express, Cafe Nero and Bar burrito. EXCELLENT RETURN ON INVESTMENT*** Situated on the north side of Gordon Street at its junction with Hope Street. Glasgow is the largest city in Scotland, being located on the River Clyde, 41 miles west of Edinburgh.

PRIME GLASGOW CITY CENTRE LOCATION. Well located for Glasgow CITY CENTRE amenities including transport links which are available by bus and rail and there is also a subway link taking the commuter across Glasgow.

Full Address: 84 Gordon Street, William Hill Investment, Glasgow City Centre, G1 3RP

Show More

Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: until 28.09.2029
Rent: £89,440 per year / £7,453 per month
Yield: 12% (approx)
Tenant: Company
Notes: 25 years from 28.09.2004 Rent review every 5th year Effectively FR& I

Document Downloads

Lease (Available) Legal Pack (Available)

Pricing Information & Bidding

Opening Bid: £736,000

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.

Submit Offer Now

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.

Payment Calculator

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.

Payment Calculator

Auction Details

Date & Time: 05 December 2024, 10am-3pm
Type: Timed Online Auction

View Full Auction Catalogue