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Description

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

***INCOME PRODUCING COMMERCIAL INVESTMENT*** 586 sq ft Ground Floor. Tenanted commercial premises located fronting Pollokshaws Road. FRI lease at £10,500 pa. Tenant In Situ Situ since 2023.

SUPER TRADING POSITION *** with highly visible frontage. Ground floor mid-terraced mixed use property with public parking in front and in the streets surrounding the property.

PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** with excellent yield producing £10,500 per annum on a 5 year FRI lease with 4 years unexpired.

Tenant: GMKG Ltd Passing Rent: £10,500p.a. Tenant in situ since February 2023 Super High Street trading position

The area is known for its vibrant social scene featuring a mix of independent shops, cafes and lively nightlife. Shawlands has a strong sense of community.

***INCOME PRODUCING COMMERCIAL INVESTMENT*** 586 sq ft Ground Floor. Tenanted commercial premises located fronting Pollokshaws Road. FRI lease at £10,500 pa. Tenant In Situ Situ since 2023. SUPER TRADING POSITION *** with highly visible frontage. Ground floor mid-terraced mixed use property with public parking in front and in the streets surrounding the property. PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** with excellent yield producing £10,500 per annum on a 5 year FRI lease with 4 years unexpired. Tenant: SO Passing Rent: £10,500p.a. Tenant in situ since February 2023 Super High Street trading position. The area is known for its vibrant social scene featuring a mix of independent shops, cafes and lively nightlife. Shawlands has a strong sense of community.

In Shawlands, Pollokshaws Road is a key commercial and social hub, with shops, cafes, restaurants, and bars lining the street. Pollokshaws Road is a major thoroughfare running through the vibrant and diverse area of Shawlands in the south side of Glasgow, Scotland. Shawlands is known for its lively community, excellent amenities, and proximity to green spaces, making it one of the most sought-after neighborhoods in the city. Pollokshaws Road has excellent transport connections, making it easy for residents to commute to Glasgow city center and beyond. Shawlands Railway Station and Pollokshaws East Railway Station are both located nearby, offering regular train services to Glasgow Central Station (around 10 minutes by train). Several bus routes run along Pollokshaws Road, providing frequent services to other parts of the city.

Full Address: 1309 Pollokshaws Rd, Let Investment, Shawlands, Southside Glasgow, G41 3RP

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 4 years
Rent: £10,500 per year / £875 per month
Yield: 9% (approx)
Tenant: Private Individual
Notes: FRIL 2023 - 2029

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Pricing Information & Bidding

Opening Bid: £111,000

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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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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Buy Now Price = £150,000

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Auction Details

Date & Time: 28 November 2024, 10am-3pm
Type: Timed Online Auction

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