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Description

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

DOUBLE FRONTED PRIME SHAWLANDS INVESTMENT Ready Let £12,000pa to Niche Brow Bar on a 5 Year FRI Lease. Low rateable value with 100% rates relief for small business. 650sq ft approx. No VAT payable, property not vat elected.

Comprises - Entrance Shop floor, Prominent shop window, rear kitchen, WC + Storage space. Further benefits from being in good internal order. GAS COMBI BOILER / AIRCONDITIONING AND ROLLER SHUTTER.

Seldom available commercial property occupying a prime position within the heart of Shawlands. Previous use as Class 2/Estate Agents. Now successful Brow and Make Up Studio - RENTAL £12,000pa - 650sq ft approx.

Close proximities to several national retailers such as Dominoes, Tesco, Sainsburys, Clyde, Slaterhogg, Royal bank of Scotland, Santander, Nationwide + Shawlands, Pollokshaws East and Crossmyloof trainsation.

Excellent investment in prime Southside Locale of Shawlands. Good sized unit just off main Kilmarnock Rd. Excellent visibility, convenient parking and transport facilities.

DOUBLE FRONTED PRIME SHAWLANDS INVESTMENT Ready Let £12,000pa to Niche Brow Bar on a 5 Year FRI Lease. Low rateable value with 100% rates relief for small business. 650sq ft approx. No VAT payable, property not vat elected. Comprises - Entrance Shop floor, Prominent shop window, rear kitchen, WC + Storage space. Further benefits from being in good internal order. GAS COMBI BOILER / AIRCONDITIONING AND ROLLER SHUTTER. Seldom available commercial property occupying a prime position within the heart of Shawlands. Previous use as Class 2/Estate Agents. Now successful Brow and Make Up Studio - RENTAL £12,000pa - 650sq ft approx. Excellent investment in prime Southside Locale of Shawlands. Good sized unit just off main Kilmarnock Rd. Excellent visibility, convenient parking and transport facilities.

Situated within the recognised shopping and leisure heart of Shawlands, the subjects occupy an extremely prominent site. The location benefits from an extremely high level of vehicular and pedestrian traffic and excellent public transport facilities. Close proximities to several national retailers such as Dominoes, Tesco, Sainsburys, Clyde, Slaterhogg, Royal bank of Scotland, Santander, Nationwide + Shawlands, Pollokshaws East and Crossmyloof trainsation.

Full Address: 76 Coustonholm Rd, Let Investment, Shawlands, Southside Glasgow, G43 1TZ

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 5 Years
Rent: £12,000 per year / £1,000 per month
Yield: 9% (approx)
Tenant: Private Individual
Notes: FRI Lease from June 2018-2023. Niche Brow Bar. Tenants personal name. No VAT.

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Legal Pack (Available)

Pricing Information & Bidding

Opening Bid: £136,000

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.

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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

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

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

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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.

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Buy Now Price = £170,000

Please use our BUY NOW form to secure this property now. Once you submit the form we will send you an invoice and payment details so you can make the necessary deposit payment to proceed with the purchase.

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Auction Details

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

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